Document background
The Shareholder Agreement Transfer Of Shares is a crucial document used in Malaysian corporate transactions when existing shares in a company are being transferred between parties. It is essential for both private and public companies operating under Malaysian law, particularly the Companies Act 2016. This agreement is utilized when shareholders wish to sell their shares to other existing shareholders or new investors, requiring detailed documentation of the transfer terms, conditions, and post-transfer arrangements. The document includes comprehensive provisions covering share valuation, payment terms, warranties, representations, and corporate governance matters. It also addresses regulatory compliance requirements, including necessary approvals from the board of directors and relevant regulatory bodies where applicable. The agreement is particularly important in protecting both transferor and transferee interests while ensuring the company's stable operation post-transfer.
