Investment Holdings And Property Development Companies in Malaysia
In Malaysia, there are two types of investment holdings companies (IHCs) and property development companies (PDCs). IHCs are either public companies with a minimum paid-up capital of RM100 million or private companies with a minimum paid-up capital of RM50 million. PDCs, on the other hand, are private companies with a minimum paid-up capital of RM20 million.
IHCs and PDCs are required to have a minimum share capital of RM2 million and RM1 million respectively. In addition, IHCs are required to have a minimum of 10 shareholders and PDCs are required to have a minimum of 5 shareholders.
IHCs and PDCs are subject to the Companies Act 1965 and the Malaysian Code on Corporate Governance. IHCs are also required to comply with the guidelines issued by Bursa Malaysia.
The primary business activities of IHCs are investment holding and property development. IHCs are allowed to carry out other business activities that are incidental or ancillary to their primary business activities.
PDCs are primarily involved in the business of property development. PDCs are also allowed to carry out other business activities that are incidental or ancillary
IHCs and PDCs are required to have a minimum share capital of RM2 million and RM1 million respectively. In addition, IHCs are required to have a minimum of 10 shareholders and PDCs are required to have a minimum of 5 shareholders.
IHCs and PDCs are subject to the Companies Act 1965 and the Malaysian Code on Corporate Governance. IHCs are also required to comply with the guidelines issued by Bursa Malaysia.
The primary business activities of IHCs are investment holding and property development. IHCs are allowed to carry out other business activities that are incidental or ancillary to their primary business activities.
PDCs are primarily involved in the business of property development. PDCs are also allowed to carry out other business activities that are incidental or ancillary
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