DPA30053 TOPIC 2

In Malaysia, the main legislation that govern companies is

• Companies Act 1965

• Companies Act 2016

• Companies Ordinan 2016

• Companies Ordinan 1965

A legal entity separate from its members is for

• Sole Proprietorship

• Company

• Liability Limited Partnership

• Partnership

Managed by the board of directors is one of the characteristic for

• Company

• Sole Proprietorship

• Partnership

• Limited Liability Partnership

There are two types of companies namely as (can choose more than one answer)

• Private

• Sole

• Public

• Partnership

Restricts the number of shareholders to 50 is for

• Private companies

• Public companies

• Limited by guarantee

• limited by shares

There are ________ types of share in a company listed in Malaysia

• two

• three

• four

• five

Ordinary shares capital cannot be redeemable.

• False

• True

Preference shares are entitled for voting rights

• TRUE

• FALSE

Dividend rate is fixed for

• Preference shares capital

• Ordinary shares capital

• Deferred shares

All companies form in Malaysia must be formed in writing, with or without a Company’s Constitution (Perlembagaan Syarikat)

• TRUE

• FALSE