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QUESTION
A director undertakes personally to perform services as a director in a public listed company. Based on the Companies Act 2016, elaborate on the right of members, and the related procedure to inspect as well as request a copy of the service contract of the director.
KEY POINTS :
Right of member to inspect and request copy
Section 233 (1) Every copy of the contract required to be kept and shall be made available for inspection by: members holding at least 5 per centum of the total paid up capital (public company having share capital); or at least 10 per centum of members (public company not having share capital).
Section 233 (2) The members so entitled to inspect on request and on payment of such fee as may be prescribed shall be entitled to be provided with a copy of any such contract.
Section 233 (3) The copy shall be provided within seven days from the date the request is received by the company.
Section 233 (4) Every officer who refuses a request for inspection commits an offence and shall, on conviction, be liable to a fine not exceeding two hundred and fifty thousand ringgit.
Section 233 (5) In the case of any such refusal or default, the Court may, by order, compel an immediate inspection or, as the case may be, direct that the copy required be sent to the person requiring it.
HELP TO EXPLAIN DEEPLY KEY POINTS IN OWN WORDS .
* CORP GOVERNANCE EXPERT
My chosen company for all assignments is The Starbuck’s company
For the assignments, assume you have a senior management role within your organization or a company you are familiar with and would like to research. Your company is facing a dilemma that is technology-, operation-, service-, or manufacturing-based, such as the company’s inability to meet consumer demand. Senior leadership expects you, as the manager, to collaborate with staff on creating a Business Plan designed to reinvigorate internal and external customers. Guiding your team, you must either generate a new or update an idea, product, service, or process as a resolution to the organization’s current challenge.
Week 1 In this assignment, you begin your capstone project by assembling a Company Overview Assessment. You will identify your selected organization, provide a brief historic overview, evaluate the strength of the competitors, and select organizational challenges to research.
Assemble your Company Overview Assessment as a Word document. In 350-525 words, complete the following:
1) Compile a historic overview of your selected organization: your history (if relevant), company history (when it started and important milestones), management team structure, location, mission, vision, legal structure, flagship products or services, and competitive advantage (what sets it apart from competitors).
2) Write an evaluation of the competitors’ strengths for your selected organization.
3) Select an organizational challenge or dilemma you will research for your chosen organization
Format your assignment according to APA guidelines.
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