SSM PARTICIPATED IN AN INTEGRATED OPERATION ENFORCEMENT ACTION ON BUSINESS ACTIVITIES OPERATED BY FOREIGNERS

 SSM PARTICIPATED IN AN INTEGRATED OPERATION ENFORCEMENT ACTION ON BUSINESS ACTIVITIES OPERATED BY FOREIGNERS AND PREMISES NOT COMPLYING WITH THE REQUIREMENTS OF THE COUNCIL WITH THE ENFORCEMENT AGENCIES

 Johor, 2 January 2024 – The Companies Commission of Malaysia (SSM) of the State of Johor has participated in the “Integrated Operation of Enforcement Actions on Business Activities Operated by Foreigners and Premises Not Complying with Council Requirements” led by the Iskandar Puteri City Council, together with the National Registration Department  Johor State, Johor State Health Department Enforcement Division, Ministry of Domestic Trade and Cost of Living (KPDN) Johor State, Johor Bahru District Health Office & Royal Malaysian Customs Department Johor State on 1 January 2024.

 This operation involved a force of 78 officers and members and the SSM was led by Miss Noredayu Kahar, Executive of the Enforcement Section along with three enforcement members.  The objective of this operation is to ensure that every business entity is registered and complies with the provisions of the act regulated by SSM and other enforcement agencies.

 As a result of this operation, a total of 13 (11 businesses and two companies) were inspected and eight offenses were identified under the Business Registration Act 1956 and the Business Registration Rules 1957, namely not displaying the name and registration number of the business on the signboard at the business premises and not  exhibit the Business Registration Certificate of Accountancy.

 While two more offenses have been identified under the Companies Act 2016, which is the failure to display the company’s name and registration number on letterhead, invoices, bills and other documents.

 A reminder to all that enforcement action will be taken in the event of an offense under the provisions of the law regulated by SSM to ensure that corporate governance is always practiced by corporate citizens and the business community in Malaysia.

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