P.U. 173/66
COMPANIES REGULATIONS, 1966
SECOND SCHEDULE (Regulation 3)



FORM 58. Notice To Non-Assenting Shareholder.

FORM 58

Companies Act, 1965
Section 180 (3)

Companies Regulations, 1966
Regulation 12 (2)


NOTICE TO NON-ASSENTING SHAREHOLDER


To ................................
of ................................

In this notice -

…………………………… (Nama Syarikat) is referred to as "the transferor
company ", and

……………………………(Nama Syarikat) is referred to as "the transferee
company".

A scheme or contract involving the transfer of *………………………. shares in the transferor company to the transferee company was, up to the………day of . . . . . . . . . . . . . . . . . . . . . . . . . . . ,19….. (being a date within four months after the making of the offer in that behalf by the transferee company) , approved by the holders of not less than nine-tenths in nominal value of those shares (other than shares already held at the date of the offer by, or by a nominee for, the transferee company or its subsidiary).

In pursuance of that scheme or contract, † …………………………. shares were on the…………. . day of………………. ,19……. ,transferred to the transferee company or its nominee.

The transferee company hereby gives you notice, in pursuance of the provisions of section 180 of the Companies Act, 1965, that those shares together with such other shares in the transferor company as were held by, or by a nominee for, the transferee company or its, subsidiary at the last-mentioned date comprise or include nine-tenths in nominal value of the *……………………………shares in the transferor company.

In pursuance of those provisions you may, within three months from the giving of this notice, give notice that you require the transferee company to acquire your holding of *………………………shares in the transferor company, and if you give that notice the transferee company will be entitled and bound to acquire those shares on the terms on which under the scheme or contract the shares of the approving shareholders were transferred to it, or on such other terms as are agreed or as the High Court on application made to it by you or by the transferee company thinks fit to order.


Dated this…………. . day of……………,19………. .


(Signature) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
‡. . . . . . . . . . . . . . . . . of………………(Nama Syarikat)


_________________________________________________
*If the offer is limited to a certain class or to certain classes of shareholders, give a description of that class or those classes.

† State amount of shares transferred.

‡ State whether a director or the secretary and insert the name of the transferee company.


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