Malaysia legislation

Section 70

of LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005

Section 70

Voting by members

(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.

Section 70 — LANGKAWI INTERNATIONAL YACHTING COMPANIES ACT 2005