A Qualified Advocate and Solicitor under the Malaysia law(Not admitted in Japan) / Saiful AZIZSince 2009, the Malaysian government has gradually liberalized foreign participated in the services sector as a way to encourage foreign investment to invest in Malaysia. The liberalization of these service subsectors would mean that equity restriction for foreigner ownership is abolished and would permit 100 percent foreign ownership in these subsectors. To strengthen the liberalization “incentive”, the government also removed the Foreign Investment Committee (FIC) Guideline. By removing this Guideline, approval of the FIC is not required for transaction for merger, takeover and acquisitions of interest…

