ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART IV - SHARES, DEBENTURES AND CHARGES
DIVISION 3A - SUBSTANTIAL SHAREHOLDINGS

 
Section 69J. Notice to non-residents.
 
Section 69J. Notice to non-residents. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125) (1) A person who holds voting shares in a company, being voting shares in which a non-resident has an interest, shall—

    (a) give to the non-resident a notice in the prescribed form as to the requirements of this Division; or

    (b) where the first-mentioned person knows or has reasonable grounds for believing that an interest of the non-resident in the shares is an interest that the non-resident holds for another person, give to the non-resident a notice in the prescribed form as to the requirements of this Division and direct the non-resident to give the notice or a copy of the notice to that other person.

(2) The notice shall be given—

    (a) if the first-mentioned person holds the shares on the date on which this Division came into operation—within fourteen days after that date; or

    (b) if the first-mentioned person did not hold the shares on that date—within fourteen days after becoming the holder of the shares.

(3) In this section, "non-resident" means a person who is not resident in Malaysia or a body corporate that is not incorporated in Malaysia.

(4) Nothing in this section affects the operation of section 69C.