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← Labuan Companies Act 1990

Labuan Companies Act 1990 s 77

Labuan Companies Act 1990 s 77

Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.

s 77

(1) Each share in an offshore company shall be distinguished by its appropriate number. (2) Notwithstanding subsection (1) (a) if at any time all the issued shares in an offshore company, or all the issued shares therein of a particular class, are fully paid up and rank pari passu for all purposes, none of those shares need thereafter have a distinguishing number so long as it remains fully paid up and ranks pari passu for all purposes with all shares of the same class for the time being issued and fully paid up; or : : [Pt. IV, S. 77-80] (b) if all the issued shares in an offshore company are evidenced by certificates in accordance with section 18 and each certificate is distinguished by its appropriate number and that number is recorded in the register of members, none of those shares need

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Find Act 441 on lom.agc.gov.my ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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