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Indah Sdn. Bhd. is a company that operates the business of manufacturing and exporting furniture. The company has issued 1.2 million shares, all fully
Indah Sdn. Bhd. is a company that operates the business of manufacturing and exporting furniture. The company has issued 1.2 million shares, all fully paid shares. Jamal and Jenny hold equal shares, 600,000 shares each. They are in the opinion that a meeting should be convened in order to discuss additional issuance shares by an ordinary resolution. Based on the facts above, advise manners on how to conduct the meeting. In the course of your answer, identify the most suitable types of meeting and whether Jamal and Jenny can initiate this meeting should the directors refused to convene the meeting. Support your answer with relevant sections in Companies Act 2016 and decided cases (if any). (20 marks)
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