Shareholders Agreement
201709.15
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Shareholders Agreement

Q:  What are the differences between shareholders and directors? A shareholder or member owns a company by holding its shares. A director manages the company. A director does not have to be a shareholder and a shareholder has no right to be a director. Q:  What is paid-up capital? Paid-up capital is the amount of…

Business Type in Malaysia
201709.06
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Business Type in Malaysia

What are the main vehicles used in Malaysia to establish a business? a company limited by shares – the most common type of limited companies. A company having a share capital may be incorporated as a private company (company name ended with the word “Sdn. Bhd.”) or public company (company name ended with the word…

Buy Sell Agreement – Business
201701.30
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Buy Sell Agreement – Business

Importance of having an agreement for sale of business Business or asset sale is common in Malaysia. Sale of a business usually includes the assets of the business as well unless otherwise negotiated by the parties. A business sale is to be distinguished from a company sale or shares sale which involves the sale of…