Plantations And Immovable Property Of Any Tenure Companies in Malaysia

In Malaysia, a plantation is defined as "an agricultural estate which is cultivated by means of mechanized equipment and in which cash crops are grown for sale", while immovable property refers to "property that is permanently attached to the land, such as buildings, trees, and minerals".

There are two types of companies that can own plantations and immovable property in Malaysia: private companies and public companies. Private companies are limited liability companies that are not listed on any stock exchange, while public companies are limited liability companies that are listed on at least one stock exchange.

Both private and public companies can own plantations and immovable property in Malaysia. However, there are some restrictions on foreign ownership of these assets. For example, foreigners are not allowed to own more than 30% of the shares in a private company, and they are not allowed to own more than 49% of the shares in a public company.

The Malaysian government has put in place a number of incentives to encourage investment in the country's plantation and immovable property sector. These incentives include tax exemptions and duty-free importation of plant and machinery.