Malaysia legislation

Section 34

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 34

(a)

the number of shares comprised in the allotment and the amount paid for such shares;

(b)

the date of allotment;

(c)

the amount (if any) deemed to be paid, or due and payable, on the allotment of each share;

(d)

where the capital of the company is divided into shares of different classes, the class of shares to which each share in the allotment belongs; and

(e)

the full name and address of each of the allottees and the number and class of shares allotted to him.

(2)

The return under subsection (1) shall be kept at the registered office of the Langkawi company.

(3)

The Registrar may, as the circumstances deem necessary by written notice, require a Langkawi company to lodge with the

Registrar a return in respect of any allotment of its shares.

(4)

If default is made in complying with this section, every officer of the Langkawi company who is in default shall be guilty of an offence against this Act.

Penalty: Five thousand ringgit. Default penalty.

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Langkawi International Yachting Companies

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