Section 4A

The Malacca Johore Corporation may acquire, purchase, take, hold and enjoy all movable and immovable property of every description and may sell, convey, assign, surrender and yield up, mortgage, demise, re-assign, transfer or otherwise dispose of any movable or immovable property vested in it upon such terms as to such Corporation deems fit and may sue and be sued in respect of such property in any Court.

Transfer of certain properties