Property Development Dormant Companies in Malaysia

Property development in Malaysia is a process that involves the acquisition, improvement, and eventual sale or lease of real property. The term "property development" is usually used in reference to commercial or residential real estate projects.

There are a number of reasons why a company may become dormant, including:

- The company has been wound up or has had its registration cancelled.

- The company has not traded for a period of time.

- The company has not filed its annual return or accounts for a period of time.

- The company has changed its name or address.

- The company has been struck off the register of companies.

A dormant company is one that is not carrying on any business or trading activity and has had no significant accounting transactions during the current or previous financial years. Dormant companies are usually created for future use and are often used as holding companies or for tax purposes.

If a company is found to be dormant, the Registrar of Companies may take steps to strike the company off the register. This means that the company will no longer exist and its assets will be forfeited to the state.