P.U. 173/66
COMPANIES REGULATIONS, 1966
SECOND SCHEDULE (Regulation 3)
FORM 24. Return Of Allotment Of Shares.
FORM 24
Companies Act 1965
(Section 54 (1))
Company No.
RETURN OF ALLOTMENT OF SHARES
........................................... (NAME OF COMPANY)
The shares referred to in this return were allotted (1) *on the .................... day of ...................., 19 ..................../*between the....................day of.................... 19....................and the....................day of....................,19....................
(2) Shares allotted | Details of Shares |
Preference | Ordinary | Other kinds
(Specify class) |
1. For cash consideration:
(a) Number of shares ....................
(b) Nominal amount of each share.................... RM
(c) Amount (if any) paid on each share ....................RM
(d) Amount (if any) due and payable on each share .................... RM
(e) Amount of premium paid or payable on each share .................... RM
2. For consideration other than cash:
(a) Number of shares ....................
(b) Nominal amount of each share .................... RM
(c) Amount to be treated as paid on each of the shares so allotted .................... RM
(d) Amount of premium treated as paid up on each share .................... RM
(3)(e) The consideration for which the
shares have been so alloted is as follows: |  | | |
3. (4) Particulars of allottees of the shares so allotted and the number and classes of shares allotted to them are as follows:
Dated this ......................... day of........................,19 ........................
........................... .........................
Secretary
____________________________________
*Strike out whichever is inapplicable.
Certificate to be given by all
Companies
A certificate in the form set out hereunder shall be given by a director and a secretary of every company and annexed to this form.
CERTIFICATE
We hereby certify, in relation to ......................... (Name of company) that -
(a) the share referred to in this return were allotted pursuant to a resolution of the *directors/* members made on......................... ;
(b) the shares so allotted do not exceed the authorized capital of the company which is RM ......................... divided into(5)......................... share of RM......................... each;
(c) * the allottees have agreed and have not withdrawn their agreement to take up the shares so allotted;
(c) * the shares were allotted to the allottees on applications received from them for shares in the company;
(c) * the shares were allotted as fully paid bonus shares to the existing shareholders;
(d) the total issued capital of the company now stands at......................... shares of RM ......................... each and the paid-up capital is RM......................... ; and
(e) * (6) by virtue of section 54 (2) , paragraph 3 of this form is not completed as:
(i) the company has more than five hundred members;
(ii) the company keeps its principal share register at a place within twenty five kilometres of the office of the Registrar of Companies (7) ......................... ;
(iii) the company provides reasonable accommodation and facilities for persons to inspect and take copies of its list of members and its particulars of shares transferred;
*(iv) the shares referred to in this return were allotted for cash;
*(iv) the shares referred to in this return were allotted for a consideration other than cash and the number of persons to whom the shares have been allotted exceeds five hundred; and
(v) (a) the number of shares allotted to citizens who are Malays and Natives.........................
(b) the number of shares allotted to citizens who are Malays and non Natives.......................
(c) the number of shares allotted to non citizens.........................
(d) the number of shares allotted to bodies corporate controlled by citizens who are Malays and Natives.........................
(e) the number of shares allotted to bodies corporate controlled by citizens who are non-Malays and non-Natives.........................
(f) the number of shares allotted to bodies corporate controlled by non-citizens......................... TOTAL .......................
Dated this......................... day of......................... ,19.........................
...............................
Secretary ..............................
Director
___________________________________________
*Strike out whichever is inapplicable.
(1) Shares subscribed for in the Memorandum shall be deemed to have been allotted as at the date of incorporation under section 54 (6) and must be included in the first return.
(2) Where the capital of the company is divided into shares of different classes, the class of shares to which each share comprised in the allotment belongs is to be stated. In the case of the first return, shares subscribed for in the Memorandum are to be included in this return and identified as such.
(3) If the allotment is made for shares fully paid or partly paid-up otherwise than in cash pursuant to a contract in writing, the company shall lodge with the return the contract evidencing the entitlement of the allottee or a copy of any such contract certified in accordance with regulation 7 (4) .
(4) Where, by virtue of section 54 (2) , a company is not required to furnish the particulars under paragraph 3 of this form, the certificate to be given by all companies must include paragraph (e) set out thereunder
(5) Where the capital of the company is divided into shares of different classes the division of the authorized capital into shares of various classes must be specifically stated.
(6) Paragraph (e) of the certificate need not be certified if paragraph 3 of this form is completed.
(7) Insert name of town/city where the office of the Registrar is located.
(8) If Malaysian, only indicate the race of the allottee.If a body corporate, state the country of incorporation.
(Am. P.U.(A) 475/86:s.2}
(9) Please state in respect of a Malaysian the number of his identity card and its relevant type i. e. Blue I/C- (B) , Red I/C-(R) , Military I/D-(Z) , Police I/D-(M), in respect of a company its company number, and in respect of any other type of body corporate its registration number.
(Am. P.U.(A) 475/86:s.2}
DIRECTIONS
In making a return of allotment under section 54 of the Companies Act 1965, it is to be noted that -
(a) where shares are allotted for consideration other than cash, the return should be accompanied by the contract [see section 54 (3) and (4) ] or if there is no contract in writing, by a statement made in accordance with Form 25;
(b) when a return includes several allotments made on different dates, the dates of only the first and the last of such allotments should be entered at the beginning of the form, and the lodgment of the return should be effected within one month of the first date;
(c) when a return relates to one allotment made on a particular date, that date should be inserted.
[Subs. P.U.(A) 16 / 1986:s.13]
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