Malaysia legislation
Section 5
of Promotion of Commercial Agriculture and Agro-based Industries Ordinance, 2004
Section 5
(2)
The share capital of the Company shall be subscribed to and held by the State Financial Secretary, and shall not be allotted or transferred to or held by any other persons save and except with the prior authorization of the Majlis Mesyuarat Kerajaan Negeri.
Articles and Memorandum of Association