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Q&A on Loss of Share Certificate for Malaysia Companies

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Q: What should a shareholder do if a share certificate is lost, stolen, or destroyed?
A: The shareholder should notify the company in writing as soon as possible. Upon receiving the notification, the company will record the loss and provide guidance on the process for issuing a replacement certificate.

Q: What information should be included in the notification to report the loss of a share certificate?
A:
The written notification should include:
  1. The name of the shareholder.
  2. The certificate number and number of shares.
  3. A brief explanation of how the certificate was lost, stolen, or destroyed.
  4. A request for the issue of a replacement share certificate.

Q: What steps are required to apply for a replacement share certificate?
A: The shareholder must execute a statutory declaration confirming the loss and prepare a letter of indemnity to safeguard the company against potential future claims. After receiving these documents, the Board will pass a resolution approving the issuance of the duplicate share certificate.

Q: What will be stated on the replacement share certificate?
A: The replacement certificate will be clearly marked “DUPLICATE” and will contain the same details as the original certificate.

Q: What happens if the original certificate is later found?
A: If the original share certificate is located after a duplicate has been issued, the shareholder must return the original certificate to the company promptly for cancellation.

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