Do I still need to hold an AGM?
No — the Companies Act 2016 abolished mandatory annual general meetings for private companies. Decisions members used to take at AGMs now pass by written resolution, and financial statements are simply circulated to members within the statutory window instead of being 'laid' at a meeting. Public companies still hold AGMs; your Sdn Bhd doesn't have to.
Statutory figures: Companies Act 2016
Also asked as: agm requirement private company; mesyuarat agung tahunan wajib ke; agm abolished malaysia.
Key facts
- No AGM requirement for private companies — CA2016
- Written resolutions + FS circulation replace it