Companies Act 1965 Section 69L

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

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Companies Act 1965 Section 69LPDF
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Additional Info

Field	Value
Sector	Oil and Gas
Country	Malaysia
Year
RGI Edition Year	2017
Topic	Beneficial ownership
Document Type	Statute
RGI Sub-component	Licensing
RGI Questions	1.1.7b: Do rules require public disclosure of beneficial owners of extractive companies?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law
Publisher	Suruhanjaya Syarikat Malaysia
Author	n.a
Source or API link	http://Section 158 of the Malaysian Companies Act (last amended in 2006) provides that companies must maintain a register of its members. The register is not publicly available, but open for inspection by any member free of charge (Section 160(2)). The register contains the following information (Section 158(1)): names, addresses, identity card numbers, nationality, any other relevant information about the members, the number of shares held by each member and the amount paid or agreed to be considered as paid on the shares of each member; the date at which the person became a member or ceased to be a member; and the date of every allotment of shares to members and the number of shares comprised in each allotment. A member may request the company to provide him with a copy of the register, but only so far as it relates to names, addresses, number of shares held and amounts paid up, upon payment of RM1.00 for every 100 words (Section 158(3)).
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute