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ABC sdn. bhd. recently passed a resolution to remove enhanced voting rights given to the founders of the company. More than 75% of the members
ABC sdn. bhd. recently passed a resolution to remove enhanced voting rights given to the founders of the company. More than 75% of the members voted in favor of the resolution in an AGM. Ali being one of the affected shareholders is not happy with the resolution as his voting power is now reduced as other new shareholders. Advise Ali as to his rights under the Company Act 1965.include issue, principal, application and conclusion.
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