Question
Becky and Laila are the first shareholders of Nanyang Sdn Bhd a private limited company incorporated in January 2015. As the company was subjected to
Becky and Laila are the first shareholders of Nanyang Sdn Bhd a private limited company incorporated in January 2015. As the company was subjected to the rules In the 1965 Act, the company has a Memorandum of Association which stipulates that the company specializes in the manufacturing of plastic flowers which were then exported offshore. Becky and Laila have appointed George as the company director. George comes to ask you of your opinion as the company wishes to expand its business selling plastic pots for the flowers. Advise according to the provisions of the Companies Act 2016.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started