Company meetings in Malaysia: rights of members

Abstract

Prior to 15 August 2007, a company meeting of its members must be held in the same State where its registered office was situated. However, with the amendment to section 145A of the Companies Act 1965, a company may now hold its meetings anywhere within Malaysia. Further the meeting may be held at more than one venue within the country using technology that allows all members a reasonable opportunity to participate. With the advent of modern and affordable transportation and networking technologies, such amendment should augur well. However, the possibility of abuses by the management of the company cannot be dismissed. This paper will first, trace the history of section 145A; and secondly, explore the issue of whether a member who is prejudiced by the decision to hold the meeting at an inconvenient venue has any recourse in law.