Question
Ah Eng and Erman are the directors and shareholders of a company by the name Equinox Sdn Bhd. Eswari is also a member of the
Ah Eng and Erman are the directors and shareholders of a company by the name "Equinox Sdn Bhd". Eswari is also a member of the company but she is only holding 2% of the company's share capital. The business of the company is to supply spare parts to all the automobile companies in the country. Recently, due to the current spate of economic recession, the Board of Directors decided to venture into other business. After much deliberation, they decided to engage in selling used cars. The company contracted with a business tycoon, Ebuchi for the supply of used cars. Eswari is unhappy over the recent business plan of the company. She confronted the Board of Directors. The Board of Directors claimed that since she is only holding 2% of the company's share capital, there is nothing that can be done. Meanwhile, Ebuchi is worried about what Eswari may do. Advise Eswari. Include in your answer whether there are any other ways to avoid the complications that Eswari may raise.
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