Malaysia legislation
Section 50
Section 50
(2)
Every share certificate shall be under the seal of the Langkawi company or a branch of the company and shall state—
(a)
the name of the company and the authority under which the company is constituted;
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Langkawi International Yachting Companies
(b)
the address of the registered office of the company in
Langkawi or, where the certificate is issued by a branch of the company, the address of that branch;
(c)
the nominal value and the extent to which the shares are paid up; and
(d)
the class of the shares.
(3)
Failure to comply with this section shall not affect the rights of any holder of shares.
(4)
If default is made in complying with this section, the
Langkawi company and every officer of the company who is in default shall be guilty of an offence against this Act.
Langkawi company may have share seal