ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART XI - VARIOUS TYPES OF COMPANIES, ETC.
DIVISION 1 - INVESTMENT COMPANIES

 
Section 324. Not to hold shares in other investment companies.
 
Section 324. Not to hold shares in other investment companies. (COMPANIES ACT 1965 (REVISED - 1973) - ACT 125) No investment company shall purchase or after the expiration of three years after it is declared to be an investment company hold any shares in or debentures of—

    (a) any other investment company; or

    (b) any corporation incorporated outside Malaysia which is engaged primarily in the making of investments in marketable securities for the purpose of revenue and for profit and not for the purpose of exercising control and which is specified by order of the Minister.