POWER OF ATTORNEY
THIS POWER OF ATTORNEY is granted on the day of 20 by [Company Name](Company No. ), a company incorporated in Malaysia with its registered office at [Insert Address].
1) [Company Name] (Company No. ) is the registered owner of all that pieces of lands and hereditaments held under Geran Mukim Nos.[Insert Address] measuring approximately 4.869 acres and 1.212 acres respectively (hereinafter referred to as “the Lands”).
2) We appoint [Company Name] (Company No. ), a company incorporated in Malaysia with its registered office at [Insert Address](hereinafter referred to as “our Attorney”) be our true and lawful attorney for the purpose or in relation to the development of the Lands and for that purpose:-
(a) to submit the layout and building plans in respect of the Lands to the relevant authority or authorities and for that purpose to sign, seal, execute and deliver any application or applications or any other form or forms, as may be required herein and also for the purpose of appointing or discharging any architect in our name whenever the Attorney deems necessary;
(b) to engage, employ and dismiss any agent servant or clerk or any person in or about the performance the purposes of these presents as the Attorney shall think fit and expedient;
(c) to apply for subdivision of the Lands to the relevant authorities and for that purpose to sign, seal, execute and deliver any application or applications or any other form or forms as may be required herein and also for that purpose to appoint and to discharge any surveyor or surveyors as occasion may require in our names as and when the Attorney deems necessary; and
(d) to submit and surrender the issued documents of title or title deeds of the Lands to the appropriate authority for the purpose of subdividing and amalgamating the Lands as and when required and thereafter to receive the same from the appropriate authority.
3) Our Attorney may at any time by one of its officer to exercise the authority of our Attorney in its name but on its behalf, and may by a similar resolution revoke resolution of its board of directors appoint any appointment. Anyone dealing with a person purporting to be appointed by resolution may accept a copy of the resolution certified as a true copy by the secretary of the company or its solicitors as conclusive proof of the appointment.
4) We agree to ratify all acts done, deeds executed and documents signed by our Attorney on our behalf under the authority or purported authority of this power.
5) Our Attorney is not allowed to substitute or delegate this Power of Attorney.
6) This power is given in consideration of the Sale and Purchase Agreement dated [Insert Date] (hereinafter referred to as “the said Agreements”) made between ourselves of the one part and our Attorney of the other part and we declare that this deed is irrevocable during the said Agreements.
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IN WITNESS WHEREOF the Common Seal of the company was hereunto affixed.
The Common Seal of )
[Company Name]. )
(Company No. ) )
was hereunto affixed )
in the presence of:- )
…………………….. ………………………
Director Director/Secretary
AUTHENTICATION CLAUSE
*I, TAN KEE TAY, an Advocate and Solicitor of the High Court of Malaya practising at Penang hereby certify that on this day of 20 the Common Seal of [Company Name]. (Company No. ) was duly affixed to the within written instrument in my presence in accordance with the regulations of the said company.
As witness my hand on this day of , 20 .
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