Special resolutions to be presented

Special resolutions to be presented

Special resolutions shall be presented at the general meeting of a company for the decision on the following matters:

• (a) Increasing the authorized capital of the company,

• (b) Decreasing or altering the share capital of the company,

• (c) Altering the name or main objectives of the company,

• (d) Amalgamating one company into another company,

• (e) Issuing bonus share,

• (f) Buying back of own shares by the company,

• (g) Selling shares at a discount,

• (h) Converting a private company into a public company or vice versa,

• (i) Such other matter in respect of which the company is required by this Act or the articles of association to adopt a special resolution.