Document background
The Shareholder Purchase Agreement is a crucial document used in Malaysian corporate transactions when one or more shareholders wish to sell their shares to other parties. This agreement type is essential for both private and public companies operating under Malaysian jurisdiction, requiring careful consideration of the Companies Act 2016, Capital Markets and Services Act 2007, and other relevant Malaysian legislation. The document typically includes detailed provisions about share valuation, payment terms, warranties, representations, conditions precedent, and completion mechanics. It serves as a legally binding contract that protects all parties' interests while ensuring compliance with Malaysian corporate governance requirements and regulatory frameworks.
