Malaysia legislation

Section 293

of *COMPANIES ACT 2016

Section 293

(a)

in the case of a company having a share capital—

(i)

on a vote on a written resolution, every member shall have one vote in respect of each share or stock held by him;

(ii)

on a vote on a resolution on a show of hands at a meeting, every member shall have one vote; or

(iii)

on a vote on a resolution on a poll taken at a meeting, every member shall have one vote in respect of each share or stock held by him; and

(b)

in the case of a company not having a share capital, every member shall have one vote.

(2)

Notwithstanding paragraph (1)(a), no member shall be entitled to vote at a meeting unless all calls or other sums presently payable by the member in respect of shares in the company has been paid.

Companies 315

Votes by proxy