Section 70
Voting by members
of Langkawi International Yachting Companies Act 2005
ActIn forceProvision 70 of 125
Section 70
(1)
Except as otherwise provided in the memorandum or articles of association of a Langkawi company, all shares vote as one class and each share has one vote.
(2)
The directors of a Langkawi company may fix the date notice is given of a meeting as the record date for determining the shares that are entitled to vote at the meeting.