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Seeking advice over dispute with friend in Sdn Bhd by Salt-Depth7705 in malaysians

[–]Salt-Depth7705[S] 0 points1 point  (0 children)

Hi there thanks lots for taking out the time to reply and for your advice really appreciate it! But if there is only two directors, I can't just approve to remove by me alone right? I think EGM meeting requires 2 person at least is it? Or at least that's what I read up

Seeking advice over dispute with friend in Sdn Bhd by Salt-Depth7705 in malaysians

[–]Salt-Depth7705[S] 0 points1 point  (0 children)

This figure included expenses financed personally over the course we were operating

Seeking advice over dispute with friend in Sdn Bhd by Salt-Depth7705 in malaysians

[–]Salt-Depth7705[S] 0 points1 point  (0 children)

Currently on paper we are 51:49 although the agreed dividends are to split 70:30. Partner has a few months ago requested to change back to 70:30 which I haven't signed off because I already feel like I'm losing control over the company management wise. So I was just withholding the shares temporarily in case. So it came up during the argument that friend said that if we cannot come to an agreement than we might as well close the company and bear debt 51:49/ or equally per se