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Exercise 2
Exercise 2
Exercise 2
name → WMSB
Kona
stop company
Directors → 2
Name Search
EXERCISE
Reserve -10The managing director of Makmur Corporation Berhad (MCB), Dato’ Rafael and two other
'
⊖
② directors are having a discussion with Madam Aleza who is the company secretary for MCB
Apply _-
since 2009. They are seeking the secretary’s guidance on setting up a new subsidiary company
0 0
in Perlis. They propose the company’s name as Wawasan Makmur Sendirian Berhad (WMSB)
=
and wish to commence the business immediately after it has been successfully registered with
the Companies Commission of Malaysia (CCM). Since the Companies Acts, 2016 allows
several options in company formation, Madam Aleza needs to advise them on the best option
•
for them with the justification. They also want to know the possibilities if they could go for a
public
-
company.
They propose and insist the secretary to register⊖
two directors for the new company including
00
Dato’ Rafael’s nephew, Mr Haziq. Dato’ Rafael gives the secretary the completed director’s
-
0
declaration form of both proposed directors. Mr Haziq however was charged bankrupt since
-
2005 and in the appealing process of releasing him from bankruptcy status. He confidents that
the Malaysian Department of Insolvency will release him from bankruptcy soon.
_
g\ pit?e¥psMñd
""
direltrcgrstatoonal resent
REQUIRED:
(a)
→
→ no
do
need
to
Explain the steps required to set up the proposed new company (Wawasan → n-e.wan.tn?man:F-ated
Makmur
aÉ Sendirian Berhad (WMSB)) until it’s operation can be commenced, including the best
E-
option that should be chosen (i.e.,direct or indirect registration, time to appointment season
-
Fondant need to
-
image?wÉ
(b) Advise Dato’ Rafael on the following matters:
lodge
mass
is issued to invite the public to -
subscribe its shares. -
O
(i) Additional measures of setting up the business as a public company if no prospectus
efhave
p shall have
(ii) The need of common seal for the proposed new company. →
↳
optional @ eco ) ibname
(c) GI]
Discuss on Madam Aleza’s capacity as a company secretary and[her liabilities→ registration
with
mum
]
regards to the appointment of Dato’ Rafael’s nephew, Mr Haziq as the director of
of Duty @
:gfpÑ Breach
WMSB.
Great
* statements
to advice seaminess
☒d%weA 0
company director issued
/ Gdidntset
from
leave outset
↓
iijleb.li/ns-RBkof- appointment
,
yen ,
liable
↳ personally 2Dudw explain
para did
perform ↳ officer of sy son he
Satori
← ii.* comp soy
min 3
odays
Indirect Reserve
→ name max 180
days
Direct Teens apply
→
Notre of registration →
Appoint Sanday
* Notfronton
and
Declaration
convert → Meeting →
Ayame need to present
to Aam .
meeting
m④→ sftfemeafymoggantuab
prospectus
.
→I