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 Have u been offered to be director of company, But u dun need do jack shit

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TSKnnbuccb
post Apr 17 2025, 09:59 PM, updated 8 months ago

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Example

Some ccp guy wanna do business
He offer u money every month to be the sole director

Got any implications?

He no scared u takeover that company? Like if he do business good good one day u just say ranks ya biz under my name gtfo kthxbye
TSKnnbuccb
post Apr 18 2025, 10:07 AM

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QUOTE(ihm11 @ Apr 18 2025, 10:02 AM)
got executive n non-exe role

oso independent n non-indie role

u said "sole director" so I assume is executive role, meaning u run all daily operations n is by extension, legal representative of the kompeni

n yet he "offers" u money (besides ur fees as sole director), meaning he's the one pulling the strings behind the curtain

1st off, dis is illegal as defined under the companies act

2ndly, he obviously wan u to b alibaba aka scapegoat if he's planning to do nefarious things

ownself pandai2
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thanks

he offer to just be the director so that he can do business

the "director" is just on paper, dont need to do anything, just goyang kaki get money.

u r businessman?

This post has been edited by Knnbuccb: Apr 18 2025, 10:07 AM
TSKnnbuccb
post Apr 18 2025, 10:09 AM

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QUOTE(submergedx @ Apr 18 2025, 09:46 AM)
My Father in law has friends offered him, but he rejected.

When they got huge debt of owning local institutions, they can flee away easily to their hometown while you stuck here repaying their millions debt with your sdn bhd.
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those ppl also ccp ppl ah?

actually nowadays even foreigners can register sdn bhd 100%.... so i was wondering why

so there's no downside for the ccp guys to register someone else as a director?

example, last time i heard before got those companies which require 30% of certain skin kaler, so they just put someone there

then mana tau the guy with skin kaler, go siphon money from the company
TSKnnbuccb
post Apr 18 2025, 10:10 AM

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QUOTE(pgsiemkia @ Apr 17 2025, 10:31 PM)
As long dun simply sign anything like bank loans..
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ya this one , if the "director" simply sign bank loans and siphon money for himself, the real owner ccp guy will be screwed right?
TSKnnbuccb
post Apr 18 2025, 04:47 PM

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QUOTE(netflix2019 @ Apr 18 2025, 04:26 PM)
someone posted in reddit kena upboat by being a director.

Company ends up with millions in unpaid tax. The director is the one kena buttfuck by LHDN. End up in lengthy never ending court battle, meanwhile your asset all freezed up. No bank want to work with u. Can't get job either because u cant clear background check.
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thanks for all the replies /k . seems like i really need to study company law first before doing anything.

actually got ccp person ask me help find someone to be his sleeping director , luckily he didnt really ask me , because he knows i am a very careful person and most likely will reject.



for some weird reason i accidentally opened this in serious kopitiam, in hindsight luckily so because im getting some really good replies

btw, how about the other way round? what if the director fk up the ccp guy instead? some ppl here suggested can sign agreement, do such agreements hold water?

This post has been edited by Knnbuccb: Apr 18 2025, 04:47 PM

 

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