[INSERT COMPANY NAME]
(INSERT COMPANY NUMBER)
(Incorporated in Malaysia)
CIRCULAR RESOLUTIONS OF DIRECTORA MADE PURSUANT TO ARTICLE [INSERT NUMBER] OF THE COMPANY’S ARTICLES OF ASSOCIATION
We, the undersigned, being all of the directors of [INSERT COMPANY NAME], for the time being, do, at this date, pursuant to the authority given by Article [INSERT NUMBER] of the Company’s Article of Association, resolve:
ACCEPTANCE OF FACILITIES FROM [INSERT BANK NAME] TO THE COMPANY
- That authority be and is hereby given to the Company to accept credit facilities of RM [INSERT AMOUNT] (Ringgit Malaysia [INSERT AMOUNT] Only) from [INSERT BANK NAME] subject to the terms and conditions stipulated in [INSERT BANK NAME]’s Letter of Offer dated [INSERT DATE] and any other variations, additions and substitutions thereto (‘Letter of offer’) and to execute and/or cause to be executed whatsoever documents, security and/or instruments required by the Bank.
- That authority be and is hereby given to the following person(s) to accept the aforesaid Letter of Offer and to execute all other documents, agreements, undertakings and/or letters whatsoever for and on behalf of the Company in connection with the facilities.
Name(s) NRIC No(s)
[INSERT NAME] [INSERT NRIC]
- And that authority be and is hereby given for the Company’s Common Seal to be affixed onto such documents as may be required in the above connection, in accordance with the Company’s Articles of Association.
BOARD OF DIRECTORS
…………………………….. ……………………………
Name : Name:
NRIC No.: NRIC No.:
Dated this [INSERT DATE]
