What is shareholder right ?
Shareholder refer to someone who owned the Company shares. And you are eligible to the following right :
Right may not conferred if you are appointed as Nominee shareholder and please note that the following right may also not apply to companies other than company limited by shares.
RIGHT TO ATTEND MEETING
shareholder have right to attend all general meeting ( especially Annual General meeting (AGM)) , and they are given right to speak on the resolution tabled in meeting
RIGHT TO ACCESS COMPANY RECORDS
Shareholder is given right to access to company information such as :
- company statutory register book / electronic form to check register shareholder, director etc
- Company financial reports
- minutes of the general meeting
RIGHT TO VOTE
Each share normally equal to 1 vote . If you hold more shares means that you have more right of speak on the transaction .
However, please bear in mind that NOT all share carry voting right .
RIGHT TO DIVIDEND
Shareholder is eligible to the dividend according to their shareholding proportion in the Company.
RIGHT TO PROTECT PERSONAL ASSET FROM COMPANY CREDITOR
Company carry Separately legal entity concept .
One of the major criteria is company able to stand alone in the eyes of law.
Shareholder will not bear any consequence caused by the company.
His personal asset is totally protected.
RIGHT TO APPOINT PROXY
If you as shareholder not able to attend meeting, you may appoint someone to attend on your behalf.
Term and condition for the appointment of proxy is stated on company constitution .
Under normal circumstance, you are allowed to appoint 1 proxy and he can be anyone .