• Non-Fungible Tokens (NFTs) Simplified

    Non-Fungible Tokens (NFTs) Simplified0

    By Boo Kok Chuon It was reported in the news yesterday, that local celebrity, Edmund Chen, sold his NFT painting at a whopping $53,000. Though this appears to be quite a fortune for many of us commoners, it is as a matter of fact, just a tiny-weenie achievement when compared to the NFT issued by

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  • WHAT SHOULD YOU DO WHEN YOU FACE HARASSMENTS FROM DEBT COLLECTORS?

    WHAT SHOULD YOU DO WHEN YOU FACE HARASSMENTS FROM DEBT COLLECTORS?0

    By Peter Ong Lip Cheng and Boo Kok Chuon In light of the recent publication of harassment by debt collectors faced by politician, Lim Tean, one may wonder if debt collection agencies enjoy certain powers or privileges. It is a myth that debt collection agencies are “licensed” to conduct acts of harassments, they are in

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  • Capital Reduction

    Capital Reduction0

    By Boo Kok Chuon Share capital of a company may be altered subjected to certain conditions as provided in the Companies Act and the Companies’ articles or constitutions. In the current context, let us examine how companies can reduce their share capital. In general, there are 2 types of share capital: Paid-up share capital; and

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