A Board Resolution For Acquisition Of Shares is a crucial corporate document required under Malaysian law when a company intends to purchase shares in another entity. This document is mandated by the Companies Act 2016 and must conform to Malaysian corporate governance requirements. It is typically used when a company plans to acquire a stake in another business, whether for investment purposes, strategic expansion, or corporate restructuring. The resolution must include specific details about the proposed acquisition, including the number and class of shares, purchase price, target company details, and payment terms. It also needs to document the board's deliberation process and authorize specific individuals to execute the transaction. This type of resolution is particularly important as it provides documentary evidence of proper corporate decision-making and helps protect the company and its directors from potential future disputes.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Title and Date: Formal title of the resolution and date of the board meeting
2. Company Details: Full legal name and registration number of the company passing the resolution
3. Meeting Details: Information about the board meeting including time, location, and quorum confirmation
4. Present Directors: List of directors present at the meeting and those who sent apologies
5. Chairman: Identification of the meeting's chairman
6. Background: Context and rationale for the proposed share acquisition
7. Proposed Transaction: Details of the shares to be acquired, including quantity, price, and target company information
8. Board Deliberation: Summary of the board's consideration of the proposal
9. Resolution: Formal resolution text approved by the board
10. Authorization: Powers granted to specific officers to execute the transaction
11. Closure: Formal closing of the resolution with signatures
1. Financing Arrangements: Include when the acquisition requires specific financing approval
2. Regulatory Compliance: Include when specific regulatory approvals are required
3. Risk Assessment: Include when a formal risk evaluation needs to be documented
4. Conflicts of Interest: Include when any directors have declared conflicts
5. Due Diligence Findings: Include when referencing completed due diligence results
6. Post-Acquisition Integration: Include when specific integration plans need board approval
1. Share Purchase Terms: Detailed terms and conditions of the share acquisition
2. Target Company Information: Key information about the company whose shares are being acquired
3. Valuation Report Summary: Summary of any valuation reports relied upon
4. Financial Impact Analysis: Analysis of the acquisition's impact on the company's finances
5. Due Diligence Report: Summary of due diligence findings if referenced in the resolution
6. Director Attendance Record: Detailed record of director attendance and voting
Relevant legal definitions
Board
Company
Companies Act
Target Company
Sale Shares
Purchase Price
Completion Date
Share Purchase Agreement
Director
Vendors
Business Day
Malaysian Ringgit
Meeting
Resolution
Signing Date
Chairman
Company Secretary
Register of Members
Articles of Association
Constitution
Share Certificate
Ordinary Shares
Transfer Instrument
Purchase Consideration
Due Diligence Report
Valuation Report
Regulatory Approval
Material Adverse Change
Completion
Authorized Signatory
Company
Companies Act
Target Company
Sale Shares
Purchase Price
Completion Date
Share Purchase Agreement
Director
Vendors
Business Day
Malaysian Ringgit
Meeting
Resolution
Signing Date
Chairman
Company Secretary
Register of Members
Articles of Association
Constitution
Share Certificate
Ordinary Shares
Transfer Instrument
Purchase Consideration
Due Diligence Report
Valuation Report
Regulatory Approval
Material Adverse Change
Completion
Authorized Signatory
Clauses
Meeting Constitution
Quorum Confirmation
Purpose of Meeting
Share Acquisition Details
Purchase Consideration
Transaction Rationale
Due Diligence
Financial Impact
Regulatory Compliance
Board Authority
Director Interests
Transaction Terms
Payment Terms
Execution Authority
Authorized Signatories
Document Authorization
Implementation Powers
Corporate Benefit
Legal Compliance
Regulatory Approvals
Recording of Resolution
Certification
Quorum Confirmation
Purpose of Meeting
Share Acquisition Details
Purchase Consideration
Transaction Rationale
Due Diligence
Financial Impact
Regulatory Compliance
Board Authority
Director Interests
Transaction Terms
Payment Terms
Execution Authority
Authorized Signatories
Document Authorization
Implementation Powers
Corporate Benefit
Legal Compliance
Regulatory Approvals
Recording of Resolution
Certification
Relevant Industries
Banking & Finance
Manufacturing
Technology
Real Estate
Consumer Goods
Healthcare
Energy
Telecommunications
Professional Services
Retail
Infrastructure
Mining & Resources
Relevant Teams
Legal
Corporate Secretarial
Finance
Compliance
Corporate Governance
Executive Management
Strategy
Mergers & Acquisitions
Investment
Risk Management
Relevant Roles
Chief Executive Officer
Managing Director
Company Secretary
Legal Counsel
Chief Financial Officer
Corporate Secretary
Board Director
Executive Director
Investment Manager
Compliance Officer
Corporate Governance Officer
General Counsel
Finance Director
Strategy Director
Mergers & Acquisitions Manager
Find the exact document you need
Board Resolution For Tender Participation
A Malaysian corporate document authorizing company participation in tenders, including designated signatory powers and scope of authority under Malaysian law.
find out more
Board Resolution For Performance Evaluation
A Malaysian law-compliant board resolution establishing the framework and procedures for board performance evaluation processes.
find out more
Board Resolution For Giving Loan To Other Company
A Malaysian board resolution authorizing an inter-company loan, compliant with the Companies Act 2016 and financial regulations.
find out more
Board Resolution For Business Transfer Agreement
A Malaysian corporate document recording board approval for a business transfer agreement, compliant with Companies Act 2016 requirements.
find out more
Board Resolution Approving Asset Purchase Agreement
A Malaysian corporate document recording board approval for an asset purchase transaction, including authorizations and key terms under Malaysian law.
find out more
Resolution Of Bank Account Opening
A Malaysian corporate resolution authorizing the opening and operation of bank accounts, specifying authorized signatories and banking powers under Malaysian banking and corporate laws.
find out more
Resolution For Bank Account Opening For Society
A Malaysian legal document authorizing bank account opening and operations for registered societies, specifying signatories and banking mandates.
find out more
Members Resolution For Appointment Of Director
A Malaysian corporate document recording shareholders' resolution to appoint a new director, complying with the Companies Act 2016.
find out more
Board Resolution For Sale Of Immovable Property
A Malaysian corporate resolution documenting board approval for the sale of company-owned immovable property, compliant with local company and land laws.
find out more
Board Resolution For Non Operation
A Malaysian corporate document recording the board's formal decision to cease company operations, compliant with Companies Act 2016 requirements.
find out more
Board Resolution For Appointment Of Authorised Representative
A Malaysian law-compliant board resolution document appointing and empowering an authorized representative to act on behalf of a company.
find out more
Board Resolution Business Closure
A formal Malaysian legal document recording the board's resolution to cease business operations and wind up the company, compliant with the Companies Act 2016.
find out more
Board Resolution For Restructuring Of Loan
A Malaysian corporate document recording board approval for loan restructuring arrangements, compliant with local company and banking regulations.
find out more
Board Resolution For Appointment Of Director In Private Company
A formal Malaysian corporate document recording the board's resolution to appoint a new director in a private company, complying with Companies Act 2016 requirements.
find out more
Board Resolution For Renewal Of Bank Guarantee
A Malaysian law-compliant board resolution authorizing and documenting the renewal of an existing bank guarantee.
find out more
Board Resolution For Opening Of Suspense Escrow Demat Account
A Malaysian board resolution authorizing the opening and operation of a suspense escrow demat account, compliant with local corporate and securities laws.
find out more
Board Resolution For Forfeiture Of Shares
A Malaysian corporate document recording the board's resolution to forfeit shares due to non-payment of calls or installments, in compliance with the Companies Act 2016.
find out more
Board Resolution For Dormant Company
A Malaysian board resolution document declaring company dormancy status and authorizing necessary actions under Companies Act 2016.
find out more
Resolution To Add Director
A Malaysian corporate resolution document formalizing the appointment of a new director in compliance with the Companies Act 2016.
find out more
Board Resolution For Takeover Of Company
A Malaysian law-governed board resolution documenting the formal approval and terms for a company takeover, compliant with local corporate and securities regulations.
find out more
Board Resolution For Subscription Of Shares
A Malaysian corporate document recording the board's formal approval for issuing new shares and authorizing their subscription.
find out more
Board Resolution For Joint Venture Agreement
A Malaysian corporate resolution documenting board approval and authorization for entering into a joint venture agreement, in compliance with local company law.
find out more
Board Resolution Approving Transaction
A Malaysian corporate document recording board approval for a specific business transaction, compliant with the Companies Act 2016 and relevant regulations.
find out more
Board Resolution Appointing Representative
A Malaysian corporate resolution documenting the board's appointment of a company representative and defining their scope of authority.
find out more
Trust Resolution For Authorised Signatory
A Malaysian legal document that formally appoints and defines the powers of authorized signatories to act on behalf of a trust.
find out more
Board Resolution For Termination Of Agreement
A Malaysian corporate document recording the board's formal decision to terminate an existing agreement, in compliance with Malaysian company law.
find out more
Board Resolution For Funding
A Malaysian corporate resolution documenting board approval and authorization for company funding arrangements.
find out more
Company Secretary Resolution
A formal Malaysian corporate document recording official decisions and actions taken by or through the company secretary, compliant with the Companies Act 2016.
find out more
Board Resolution For Ratification Of Agreement
A Malaysian corporate document recording board approval and ratification of an agreement, complying with the Companies Act 2016 requirements.
find out more
Board Resolution For Issue Of Convertible Notes
A Malaysian corporate document recording board approval for issuing convertible notes, including terms and authorization for implementation.
find out more
Board Resolution For Satisfaction Of Charge
A Malaysian corporate document recording the board's resolution to process the satisfaction of a registered charge following debt repayment.
find out more
Board Resolution For One Person Company
A formal Malaysian legal document recording decisions made by the sole director-shareholder of a one-person company under Malaysian Companies Act 2016.
find out more
Board Resolution For Incorporation Of A Subsidiary Company
A Malaysian board resolution document authorizing and detailing the incorporation of a new subsidiary company, in compliance with the Companies Act 2016.
find out more
Board Resolution For Director Resignation
A Malaysian corporate resolution documenting the board's acceptance of a director's resignation and authorizing necessary regulatory filings with CCM.
find out more
Board Resolution Change Of Directors
A Malaysian corporate resolution documenting changes in company directorship, compliant with the Companies Act 2016.
find out more
Board Resolution Change Of Address
A Malaysian corporate document recording the board's formal decision to change the company's registered address, compliant with local company law requirements.
find out more
Appointing A Director By Ordinary Resolution
A Malaysian corporate resolution document for appointing a new director through shareholder approval under the Companies Act 2016.
find out more
Closure Of Bank Account Board Resolution
A Malaysian corporate resolution document authorizing the closure of company bank accounts, compliant with local company and banking laws.
find out more
Board Resolution For Bank Guarantee
A Malaysian corporate resolution authorizing the issuance of a bank guarantee, documenting board approval and designated signatories under Malaysian law.
find out more
Board Resolution For Acquisition Of Business
A Malaysian board resolution authorizing the acquisition of a business, compliant with the Companies Act 2016 and corporate governance requirements.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)