SSM Licensed Secretary case studies
SSM Licensed Secretary · Put your knowledge to work in context.
The SSM Licensed Secretary credential is the practising licence for company secretaries in Malaysia, administered under the Suruhanjaya Syarikat Malaysia (SSM) framework established by the Companies Commission of Malaysia Act 2001 and the Companies Act 2016. It matters most to secretarial executives, legal and compliance officers, accounting professionals and fresh graduates who intend to act as named company secretary for Malaysian private and public companies, including listed issuers. The SSM Licensed Secretary case studies are 5 cases and about 3,169 words.
1Pre-emption, Board Discretion and the Share Register
Kinta Verde Sdn Bhd is a private company in Ara Damansara with four shareholders: Tan (40%), Lim (30%), Raj (20%) and Mei (10%). Its constitution contains a pre-emption clause: a shareholder wishing to transfer shares must first offer them to the other shareholders pro rata, and the directors may refuse to register a transfer that breaches the clause or is not in the company's interest.
590 words, about 3 min2The Director, the Supplier and the Undisclosed Stake
Selasih Engineering Sdn Bhd has five directors. Hafiz is the operations director and also owns 60% of Mutiara Parts Sdn Bhd, which supplies components to Selasih.
656 words, about 3 min3Dividend out of Losses and a Loan-Funded Buy-Back
Borneo Harvest Sdn Bhd has 2,000,000 ordinary shares and accumulated losses of RM1.8 million. For the year ended 31 December 2025 it made a net profit of RM600,000, mainly from a one-off land sale.
649 words, about 3 min4Statutory Demand, Preferential Payment and the Rescue Option
Layang-Layang Logistics Sdn Bhd has three trade creditors: Northport Fuel (RM420,000), Sarawak Haulage (RM310,000) and a related company, Layang-Layang Warehousing (RM260,000). It has RM120,000 cash, no overdraft, and monthly losses of about RM90,000.
634 words, about 3 min5SME Tax Rate, Audit Exemption and Service Tax
Seri Mutiara Foods Sdn Bhd manufactures sauces in Ipoh. Its paid-up capital is RM2.0 million.
640 words, about 3 min