Malaysia legislation
Section 12
of MALAYSIAN INDUSTRIAL DEVELOPMENT AUTHORITY (INCORPORATION) (AMENDMENT) ACT 2011
Section 12
New section 7c
The principal Act is amended by inserting after section 7b the following section:
“Power to establish companies 7c. The Authority may, with the approval of the Minister, establish companies under the Companies Act 1965 [Act 125]
to carry out and have the charge, conduct and management of any project, scheme, or enterprise which has been planned or undertaken by the Authority in the performance of its functions or the exercise of its powers.”.