Company secretary

Every company incorporated in Malaysia (sdn bhd), except for those large or public listed companies, will require external corporate secretarial services from the company secretarial firm.

The appointed company secretary will ensure the company complies with the Companies Act 1965 in Malaysia.  Read more ›

125 total views, 1 views today

There are many of our clients raised the same question: Why my name do not appear in the SSM System after the shares has been transferred to me under my name?

Our clients will discover this fact when they do the printout (company profile) of their company from the SSM online system.

Our answer is: the SSM system will not show new shareholders’ names but the old shareholders’ names.

How can this be happened? Read more ›

176 total views, 3 views today

We, as a company secretary, will normally request “bank-in slip” or “Deposit slip” from directors before proceed to prepare any relevant documents to increase the paid-up capital of the company.

We are unable to “HELP” the company to increase the paid-up capital without the produce of “bank in slip” from the directors.  Read more ›

137 total views, 4 views today

A.  INTRODUCTION

With more complex developments in company legislation and the creation of business collaborations to result in larger groups of companies, the role of a company secretary has evolved from just a normal employee to one who is far more important in any company.

A company secretary of today is a company officer who is endorsed with heavier responsibilities and a greater power, duties which demand for ethical behaviour from company secretaries at all times. Read more ›

78 total views, 1 views today

In order to obtain any government projects or jobs, the very first thing you need to do is to register your company with Ministry of Finance (MOF), or commonly known as to apply MOF license.

While you can engage consultants who are specialised in helping their clients to apply MOF licenses to handle the whole application for your company, you may try to apply directly from the MOF using the following links: Read more ›

292 total views, 6 views today

Below is the sample of board resolution from the Board of Directors of a Sdn Bhd Company in Malaysia.

The board resolution has been passed by the Board to open bank account with Maybank for such conditions that the bank shall honour.

It is important to state clearly what are the decisions made by the Board of Directors in the resolution.   Read more ›

1,269 total views, 38 views today

It is required by Section 139 of the Companies Act, 1965 that the every limited company (sdn bhd or berhad) need to have at least one Company Secretary.

Most of the public listed companies would have their own secretarial departments where all corporate legal matters will be handled by their in-house full time company secretaries.

However, it is impossible & not practical for small and medium companies (SMC) to have the services of full time licensed secretary in their office.

As such, the services of an external secretary of professional secretarial firms will normally be engaged to perform all company secretarial matters.  Read more ›

115 total views, 6 views today

A company secretary is a company officer in a private or public company and is playing an important role as professional advisor to the Board of directors.

It is known as corporate secretary in the United States.

Company secretary must be a natural person and a resident in Malaysia and is a member of any one of the prescribed professional bodies or licensed by the SSM.  Read more ›

64 total views, 1 views today

How to change your company secretary if you are not happy with their services?

There are six (6) reasons why you possibly want to change secretarial firm for your company.

1. You don’t receive your documents in time even after you have said: It’s URGENT!
2. You are not reminded on the deadlines to submit accounts to SSM.
3. You are not satisfied with the advices given on the company matters.  Read more ›

284 total views, 2 views today

The requirements to register a local private limited company in Malaysia are:

(i) A minimum of two (2) subscribers to the shares of the company (section 14 of the CA);

(ii) A minimum of two (2) directors (section of the 122 CA); and

(iii) A company secretary Read more ›

79 total views, 6 views today