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Question After 30 years of working at Shine plc in UK, Mr Cham come back to Malaysia and wishes to incorporate his own company, specializing
Question After 30 years of working at Shine plc in UK, Mr Cham come back to Malaysia and wishes to incorporate his own company, specializing in the production of hover blade. He seeks your advice to explain to him about the characteristics of incorporating and forming companies in Malaysia. He also wants to know the possible types of business available in Malaysia and as to the capacity of incorporating it. After listening to your advice, Mr Cham express his concern to you, whereby he wishes to only have 18 members in his company. He wants to minimize the risks and intends to obtain loan to under his directorship but for the company purpose. Briefly explain to Mr Cham can incorporating and its advantages. After conducting business for 5 years Mr Cham is planning to venture his business to other countries like Thailand and Indonesia. Can he do so and please advise him accordingly. Assignment Guidelines: - INTRODUCTION - SOLE TRADER - ALL THE PRINCIPLE - PARTNERSHIP - LAW AND PRINCIPLES - ON THE FACTS, CAN IT APPLY TO THE QUESTION? - COMPANY \& CAPACITY OF A COMPANY - ON THE FACTS, CAN IT APPLY TO THE QUESTION? - EXEMPT PRIVATE COMPANY - ON THE FACT, CAN IT APPLY TO THE QUESTION? -CONVERSION OF PRIVATE COMPANY TO PUBLIC COMPANY - ON THE FACT, CAN IT APPLY TO THE QUESTION? - CONCLUSION
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