Malaysia legislation
Section 4
Section 4
(2)
Securities required to be issued in pursuance of this section shall be issued or allotted at such times and on such terms, as to allotment, as the Minister of Finance may, after consultation with the
Minister, direct.
(3)
Securities under this section—
(a)
shall be of such nominal value as the Minister of Finance may direct; and
(b)
shall be issued as fully paid and treated for the purpose of the Companies Act 1965 as if they had been paid up by virtue of the payment to the successor company of their nominal value.
(4)
Any dividends or other sums received by the Minister of
Finance by virtue of this section shall be paid into the Consolidated
Fund.
Standards of Malaysia 13
Government investment in further issues of shares of the successor company