Malaysia legislation
Section 11
Section 11
The Corporation may, with the approval of the Minister and the consent of the Minister of Finance—
(a)
where it appears requisite, advantageous or convenient for or in connection with the discharge of the functions, exercise of the powers and carrying on of the activities of the Corporation, enter into equity participation, partnership, joint venture, undertaking or any other form of cooperation or arrangement in association, or otherwise, with—
(i)
an enterprise, a company, or a private undertaking constituted for the carrying on of business in
Malaysia or elsewhere;
(ii)
the Federal Government or any State Government;
(iii)
any statutory authority; or
(iv)
a commission; and
(b)
establish or promote the establishment of companies under the Companies Act 1965 [Act 125], to carry on or engage in any activity which has been planned or is being undertaken by the Corporation.
Guarantee and indemnity