Ƶ

Sale Of Shares Form Template for Malaysia

A comprehensive legal document governed by Malaysian law that facilitates and formalizes the transfer of company shares from a seller to a purchaser. The document complies with the requirements of the Malaysian Companies Act 2016 and related regulations, including necessary details such as share transfer particulars, consideration amount, warranties, and completion obligations. It incorporates essential elements required by Malaysian corporate law while providing a clear framework for the transaction's execution and the parties' respective rights and obligations.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Sale Of Shares Form?

The Sale Of Shares Form is a crucial document in Malaysian corporate transactions, designed to facilitate the legal transfer of company shares between parties. This document is essential when any transfer of company ownership is contemplated, whether for small private companies or larger corporate entities. It must comply with the Malaysian Companies Act 2016, Capital Markets and Services Act 2007, and other relevant regulations. The form typically includes detailed information about the shares being transferred, parties involved, consideration amount, warranties, and completion requirements. It serves as both a legal record of the transaction and a binding agreement between the parties, ensuring proper documentation for corporate registry purposes and protecting the interests of all stakeholders involved.

What sections should be included in a Sale Of Shares Form?

1. Parties: Identification of the Seller(s) and Purchaser(s) with full legal names and addresses

2. Background: Recitals explaining the context of the transaction, including details of the company whose shares are being sold

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Sale and Purchase: Core terms of the transaction including the number of shares being sold and purchase price

5. Purchase Price and Payment: Detailed terms of consideration, payment method, and timing

6. Conditions Precedent: Prerequisites that must be satisfied before completion of the share sale

7. Completion: Details of when, where, and how completion will take place, including completion obligations

8. Seller's Warranties: Standard warranties given by the seller regarding the shares and the company

9. Purchaser's Warranties: Basic warranties given by the purchaser, including capacity to enter into the agreement

10. Confidentiality: Obligations regarding confidential information and announcements

11. Notices: Process for serving notices under the agreement

12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

13. Execution: Signature blocks and execution formalities

What sections are optional to include in a Sale Of Shares Form?

1. Tag Along Rights: Include when minority shareholders need protection to sell their shares on same terms as majority shareholders

2. Drag Along Rights: Include when majority shareholders need right to force minority shareholders to join in sale

3. Earn-out Provisions: Include when part of purchase price is contingent on future performance

4. Non-Competition: Include when seller needs to be restricted from competing post-sale

5. Interim Period Obligations: Include when there's a significant gap between signing and completion

6. Tax Covenants: Include when specific tax indemnities or arrangements are required

7. Employee Matters: Include when there are specific arrangements regarding key employees

8. Intellectual Property Rights: Include when IP forms significant company value

What schedules should be included in a Sale Of Shares Form?

1. Schedule 1 - Details of the Company: Corporate information including registration number, registered office, directors, share capital structure

2. Schedule 2 - The Shares: Detailed description of shares being sold including share certificate numbers and class of shares

3. Schedule 3 - Warranties: Comprehensive list of seller's warranties about the company and its business

4. Schedule 4 - Company's Assets: List of material assets owned by the company

5. Schedule 5 - Completion Obligations: Detailed list of documents and actions required at completion

6. Schedule 6 - Existing Encumbrances: List of any existing charges or encumbrances over the shares or company assets

7. Appendix A - Board Resolution: Copy of board resolutions approving the share transfer

8. Appendix B - Share Transfer Forms: Pro-forma share transfer forms to be executed at completion

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Malaysia

Publisher

Ƶ

Document Type

Stock Transfer Form

Cost

Free to use

Find the exact document you need

Deed Of Assignment Of Shares Of Stocks

A Malaysian law-governed deed that formally transfers share ownership from an Assignor to an Assignee, including all necessary transfer terms and warranties.

Download

Corporation Share Transfer Agreement

A Malaysian law-governed agreement facilitating the transfer of corporate shares between parties, ensuring legal compliance and protecting both transferor and transferee interests.

Download

Share Transfer Agreement Between Individuals

A Malaysian law-governed agreement for transferring company shares between individual shareholders, including terms, conditions, and regulatory compliance requirements.

Download

Stock Transfer Agreement Form

A Malaysian law-governed agreement documenting the transfer of shares between parties, specifying terms, conditions, and compliance with local corporate regulations.

Download

Shareholder Transfer Form

A Malaysian legal document facilitating the transfer of company shares between parties under the Companies Act 2016.

Download

Share Transfer Agreement Private Company

A Malaysian law-governed agreement for transferring shares in a private company, detailing terms, conditions, and regulatory compliance requirements.

Download

Share Certificate Transfer Form

A Malaysian legal document for transferring share ownership between parties, compliant with the Companies Act 2016 and local corporate regulations.

Download

Stock Transfer Certificate

A Malaysian legal document that evidences and executes the transfer of company shares between parties, complying with the Companies Act 2016.

Download

Stock Transfer Request Form

A Malaysian legal document used to request and record the transfer of company shares between parties, complying with local corporate law requirements.

Download

Transfer Of Stock Ownership Form

Malaysian legal document facilitating the transfer of share ownership between parties, compliant with Companies Act 2016 requirements.

Download

Sale Of Shares Form

A Malaysian law-compliant document for formalizing the transfer of company shares between parties, including transfer terms and obligations.

Download

Partnership Share Transfer Agreement

A Malaysian law-governed agreement facilitating the transfer of partnership shares/interests between partners, including terms, conditions, and regulatory compliance requirements.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it