Document background
The Debenture Subscription Agreement is a crucial document used in Malaysian corporate finance when a company seeks to raise capital through the issuance of debt securities (debentures). It is commonly utilized when companies require substantial funding for expansion, project financing, or working capital needs. The agreement must comply with Malaysian regulatory requirements, including those set by the Securities Commission and requirements under the Companies Act 2016. It outlines the complete relationship between the issuer and subscriber(s), including subscription terms, payment mechanics, representations and warranties, covenants, and default provisions. This document is particularly important in the Malaysian context as it must address local security creation, registration requirements, and stamp duty considerations.
