(a) Is it usual in this economy for suppliers of goods or services to supply those goods or services to corporations on credit?

 

It is usual for suppliers of goods in Malaysia to supply goods or services to corporations on credit.

(b) If so, what would be the average credit period of time?

 

The average credit period is approximately 45 days.

(c) Is it possible and/or usual in this economy for a supplier to require security over property of the corporation for the supply of goods or services?

 

It would not be inaccurate to say that it is not usual for a supplier to require security over property of a company for the supply of goods or services.

(d) If so, is the form of supply known as 'retention of title' practised and recognised in this economy and is it enforced?

 

Some suppliers however do include a retention of title clause in their contracts of supply of goods. The concept of "retention of title" is recognised and practiced in Malaysia