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FAQ 7.1

General

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​7.1

Must a company1 incorporate all provisions from Chapter 7 of the ACE LR into its articles of association, even if some of the provisions are  not applicable? An example of such provision is where a company has not reserved any right to issue preference shares under its articles of association. In that situation, does the company still have to incorporate provisions such as Rules 7.05 and 7.06 of the ACE LR?

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​No. If a provision is not applicable to a company, it need not incorporate it into its articles of association. However, the company must notify Bursa Securities of such provisions that it has not incorporated.

 

 

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​1​For the purpose of this Questions & Answers for Chapter 7 of the ACE LR, unless the context otherwise requires, references to "company" means a company which is seeking a listing on the Official List or a listed corporation.