Say i find ten investors to lay out a start up capital of one hundred k each pounds and we pay a developer to construct ten luxury properties.
each property is situated of the east coast of malaysia> what is the land cost and development cost in beserah. approximate value is okay. how long will it take to develop a luxury villa of five six bedroom, with en suite bathrooms, kitchen and several other utility rooms as well as large reception and garage. then if we sell each villa we make a profit and this profit is added to the shareholder capital right?every year money is paid out as dividends.

so if i want to be ceo of this company how can i retain my seat on the board if im a minority shareholder? what methods can i use to make people confident about my abilities to handle the company? I mean even if i show good performance cant the board vote for a new ceo plant one of their own men there especially since in the case of the beserah asian dream town its arab people on the board, why not vote for a majority shareholder. How can i maintain control of the company? Do you think the best way is to keep things small.


can i be ceo of a propety investment group and then have a regular job at the same time?

how many directors is bumi requirement? three? well if i keep things small. have three bumi directors plus myself. and then three arabs, can i vote myself ceo? what if there is a tie? how do you sort it out?

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Added on November 1, 2008, 11:30 amactually what is development cost for a three bedroom single storey semi d/terrace/bungalow and a fiive bedroom of same nature.

This post has been edited by spitfire2000: Nov 1 2008, 11:30 AM

How would the shareholders decide how many directors are required? only directors attend board meetings right? all directors must be shareholders but not all shareholders are directors. so its posible that shareholders vote for a minority shareholder as a director. my knowledge of the local housing market will be key to my running of the company. i plan to really know the market well. if you have more shares in the company that means you have more voting rights? and you cant vote yourself ceo can you?:

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Added on November 1, 2008, 10:05 pmi might have to show an example or two of one or two of my own projects to investors and give them stats about costs and profit figures. maybe i'll construct my own residence as one project. and then do another small project where i construct two or three low cost houses of the type which im looking to do in high demand area. get more stats and figures. and then that how to convince investors. but i got a good idea anyway i dont want to talk too much about it just yet.

This post has been edited by spitfire2000: Nov 1 2008, 10:05 PM

not a regular job maybe a proffesional job earning fifty to one hundred k rm a year.