Company secretary role redefined


ALL companies in Malaysia are required to have one or more named company secretaries in the Form 49 as stated in section 139 of the Companies Act 1965. This person has to be a natural person of full age and one who has his principal and only place of residence in Malaysia. 

Once a person is appointed company secretary, he becomes an officer of the company and assumes the responsibilities accorded to an officer under whatever jurisdiction. No person can act as a company secretary unless he is a member of a professional body or a body that has been prescribed by the Minister by notification and published in the Gazette or licensed with the Companies Commission of Malaysia. Any person who consents to act as a company secretary has to fully understand his obligations as an officer of that company. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

Others Also Read