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Heineken Malaysia Berhad
Company no. 5350-X
Page
17 of 51
Applicable Laws of Malaysia, the transferor shall be deemed to remain
the holder of the share until the name of the transferee is entered in
the register of members in respect thereof.
41.
No shares shall in any circumstances be transferred to any infant,
bankrupt or person of unsound mind.
Person under
disability
TRANSMISSION OF SHARES
42.
Any person becoming entitled to a share which is a Deposited Security
in consequence of the death or bankruptcy of a member may apply to
the Central Depository to transfer the shares into his Securities
Account supported by the relevant documents and in accordance with
the Central Depositories Act and/or the Rules. The said person shall
deliver or send to the Company and the Central Depository a written
notice signed by him expressing his aforesaid intention provided that
notice in writing thereof has been given to the Company. Subject to
the Applicable Laws of Malaysia, a person becoming entitled to a
Security by reason of the death or bankruptcy of the holder thereof
shall be entitled to the same dividends and other advantages to which
he would be entitled as if he were the registered holder of the Security,
except that he shall not before being registered as a Member in
respect of the Share be entitled in respect of it to exercise any right
conferred by membership in relation to meetings of the Company.
Provided further always that the Directors may at any time give notice
requiring any such person to elect either to be registered himself or
to transfer the Security and if the notice is not complied with within
thirty (30) days the Directors may thereafter withhold payment of all
dividends, bonuses or other moneys payable in respect of the Security
until the requirements of the notice have been complied with.
Death of
holder of
shares
CONVERSION OF SHARES INTO STOCKS
43.
The Company may by ordinary resolution convert any paid up shares
into stock, and reconvert any stock into paid up shares of any
denomination.
Conversion
of shares
into stock
44.
The holders of stock may transfer the same or any part thereof in the
same manner and subject to the same regulations as and subject to
which the shares from which the stock arose might previously to
conversion have been transferred or as near thereto as circumstances
admit; provided however that the Directors may from time to time, if
they think fit, fix the minimum amount of stock transferable, and
direct that fractions of a Ringgit Malaysia or of any other sum shall
not be dealt with, with power nevertheless, at their discretion to waive
such stipulations in any particular case.
Holder of
stocks may
transfer their
interest