Malaysia – The Curious Case Of Redeemable Preference Shares.
https://conventuslaw.com/report/malaysia-the-curious-case-of-redeemable-preference/
WEBNov 29, 2019 · Under the CA, preference shares are redeemable out of profits, a fresh issue of shares, or capital of the company. Pursuant to section 72 (5), where preference shares are redeemed out of profits or capital of the company, the company would be required to transfer, out of profits, an equivalent amount into the share capital of …
DA: 31 PA: 40 MOZ Rank: 83