Document background
An Ordinary Resolution Of Shareholders is a fundamental corporate governance document used in Malaysian business practice to record and implement shareholder decisions that require a simple majority vote. This document type is mandated by the Companies Act 2016 and is used when shareholders need to make routine business decisions such as appointing directors, approving annual accounts, declaring dividends, or authorizing specific corporate actions. The resolution must be properly documented with all required information including the company details, resolution text, voting results, and appropriate signatures. For listed companies, additional requirements from Bursa Malaysia's Listing Requirements may apply. The document serves as official evidence of shareholder decisions and forms part of the company's corporate records.
