In considering which business vehicle to be used in Malaysia, the feature of a limited liability in a private limited company (Sendirian Berhad or Sdn. Bhd.) appeals to many. It allows the founder/shareholder to sleep better at night knowing that his personal wealth is not at stake if the company is, for whatever reason, sued or liquidated. What are the difference between limited companies and unlimited liability companies? Explain the difference in accordance to Companies Act 2016.