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Business Articles Of Incorporation
"I need Business Articles of Incorporation for a new Malaysian technology startup that will have multiple founding shareholders and plans to seek venture capital funding in 2025. The document should include provisions for different share classes and investor protection mechanisms."
1. Company Name and Registration: States the official name of the company and its registration number
2. Status of the Company: Specifies that the company is a private company limited by shares
3. Registered Office: States the location of the company's registered office in Malaysia
4. Objects and Powers: Defines the primary business objectives and powers of the company
5. Share Capital: Details the authorized share capital, classes of shares, and rights attached to shares
6. Members' Liability: States that liability of members is limited to their share capital contribution
7. Directors and Management: Establishes the structure of company management and directors' powers
8. Meetings: Rules for conducting shareholders' and directors' meetings
9. Share Transfer and Transmission: Procedures for transferring shares and restrictions on transfer
10. Dividends and Reserves: Rules governing dividend declarations and maintenance of reserves
1. Pre-emptive Rights: Provisions giving existing shareholders first right to purchase new shares - used when wanting to maintain existing ownership proportions
2. Tag-Along Rights: Provisions protecting minority shareholders in case of sale by majority - used for investor protection
3. Board Committees: Structure and powers of specific board committees - used for larger companies with complex governance needs
4. Alternate Directors: Provisions for appointment of alternate directors - used when flexibility in director attendance is needed
5. Different Classes of Shares: Detailed provisions for different share classes - used when company wants multiple types of shares with different rights
6. External Investment Provisions: Specific provisions related to external investors - used when expecting future investment rounds
1. Schedule 1: Initial Subscribers: Details of the founding shareholders and their initial shareholdings
2. Schedule 2: Share Capital Structure: Detailed breakdown of share classes and rights attached to each class
3. Schedule 3: Directors' Powers: Comprehensive list of specific powers granted to directors
4. Schedule 4: Meeting Procedures: Detailed procedures for various types of company meetings
5. Appendix A: Form of Share Certificate: Template for the company's share certificates
6. Appendix B: Board Resolution Templates: Standard templates for common board resolutions
Authors
Technology
Manufacturing
Retail
Professional Services
Financial Services
Healthcare
Education
Real Estate
Construction
Food and Beverage
Agriculture
Tourism
Energy
Transportation
Telecommunications
Legal
Corporate Secretariat
Board of Directors
Executive Leadership
Compliance
Corporate Governance
Finance
Risk Management
Investor Relations
Business Development
Chief Executive Officer
Managing Director
Company Secretary
Corporate Lawyer
Legal Counsel
Board Director
Chief Financial Officer
Compliance Officer
Corporate Governance Officer
Risk Manager
Business Development Director
Shareholder Relations Manager
Investment Manager
Company Founder
Entrepreneur
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