Malaysia legislation
Section 7
Section 7
(a)
securities of the successor company may be assigned under section 5 to any nominee of the Minister of Finance appointed for the purposes of that section or to any person entitled to require the issue of the securities following their initial allotment to any such nominee; and
(b)
any such nominee appointed for the purposes of section 6
may acquire securities or rights in accordance with that section.
(2)
Any person holding any securities or rights as a nominee of the Minister of Finance by virtue of subsection (1) shall hold and deal with them on such terms and in such manner as the Minister of
Finance may direct.
Financial structure of the successor company