Malaysia legislation
Section 9
Section 9
(a)
by order published in the Gazette, establish a subsidiary corporation by such name as the Perbadanan may think fit;
(b)
establish or promote the establishment of a company by such name as the Perbadanan may think fit; or
(c)
take-over any company, to carry out and have the charge, conduct, and management of any project, scheme or enterprise which has been planned or undertaken by the Perbadanan in the execution of its duties under section 7 or the exercise of its powers under section 8.
(2)
The provisions of the Schedule shall apply to every subsidiary corporation established by the Perbadanan under subsection (1) and the provisions of the Companies Act 1965 shall apply to every company established or taken over by the Perbadanan under subsection (1).