Document background
The Agreement To Sell Shares Of A Company is a crucial document used in Malaysian corporate transactions when transferring ownership of company shares from one party to another. This agreement is essential for both private and public company share transfers, though the complexity and regulatory requirements may vary. The document must comply with Malaysian corporate law, particularly the Companies Act 2016, and address key aspects such as share valuation, warranties, indemnities, and conditions precedent. It's commonly used in various scenarios including complete or partial business sales, corporate restructuring, investment transactions, and succession planning. The agreement provides legal protection for both parties and ensures a clear framework for the transaction's completion, including necessary approvals, timing, and post-completion obligations.
