| 4 |
The Company's objects are:
| (1) |
To carry on the business of an investment company and for that
purpose to acquire and hold either in the name of the Company or in
that of any nominee shares, stocks, debentures, debenture stock,
bonds, notes, obligations and securities issued or guaranteed by
any company wherever incorporated or carrying on business and
debentures, debenture stock, bonds, notes, obligations and
securities issued or guaranteed by any government, sovereign ruler,
commissioners, public body or authority, supreme, dependent,
municipal, local or otherwise in any part of the world. |
| (2) |
To acquire any shares, stock, debentures, debenture stock,
bonds, notes, obligations, or securities by original subscription,
contract, tender, purchase, exchange, underwriting, participation
in syndicates or otherwise, and whether or not fully paid up, and
to subscribe for the same subject to such terms and conditions (if
any) as may be thought fit. |
| (3) |
To exercise and enforce all rights and powers conferred by or
incident to the ownership of any shares, stock, debentures,
debenture stock, bonds, notes, obligations or securities including
without prejudice to the generality of the foregoing all such
powers of veto or control as may be conferred by virtue of the
holding by the Company of some special proportion of the issued or
nominal amount thereof and to provide managerial and other
executive supervisory and consultant services for or in relation to
any company in which the Company is interested upon such terms as
may be thought fit. |
| (4) |
To carry on business as a general commercial company. |
| (5) |
To carry on any other business which may seem to the Company
capable of being conducted directly or indirectly for the benefit
of the Company. |
| (6) |
To acquire by any means any real or personal property or rights
whatsoever and to use, exploit and develop the same. |
| (7) |
To conduct, promote and commission research and development in
connection with any activities or proposed activities of the
Company, and to apply for and take out, purchase or otherwise
acquire any patents, patent rights, inventions, secret processes,
designs, copyrights, trade marks, service marks, commercial names
and designations, know-how, formulae, licences, concessions and the
like (and any interest in any of them) and any exclusive or
non-exclusive or limited right to use, and any secret or other
information as to, any invention or secret process of any kind; and
to use, exercise, develop, and grant licences in respect of, and
otherwise turn to account and deal with, the property, rights and
information so acquired. |
| (8) |
To acquire by any means the whole or any part of the assets,
and to undertake the whole or any part of the liabilities, of any
person carrying on or proposing to carry on any business which the
Company is authorised to carry on or which can be carried on in
connection therewith, and to acquire an interest in, amalgamate or
enter into any arrangement for sharing profits, or for
co-operation, or for limiting competition, or for mutual
assistance, with any such person and to give or accept, by way of
consideration for any of the acts or things aforesaid or property
acquired, any shares, whether fully or partly paid up, debentures,
or other securities or rights that may be agreed upon. |
| (9) |
To subscribe for, underwrite, purchase or otherwise acquire,
and to hold, and deal with, any shares, stocks, debentures, bonds,
notes and other securities, obligations and other investments of
any nature whatsoever and any options or rights in respect of them;
and otherwise to invest and deal with the money and assets of the
Company. |
| (10) |
To lend money or give credit to such persons and on such terms
as may seem expedient. |
| (11) |
To borrow money and to secure by mortgage, charge or lien upon
the whole or any part of the Company's property or assets (whether
present or future), including its uncalled capital, the discharge
by the Company or any other person of any obligation or
liability. |
| (12) |
To guarantee the performance of any obligation by any person
whatsoever, whether or not for the benefit of the Company or in
furtherance of any of its objects. |
| (13) |
To draw, make, accept, endorse, discount, negotiate, execute
and issue promissory notes, bills of exchange, bills of lading,
warrants, debentures and other negotiable or transferable
instruments. |
| (14) |
To apply for, promote and obtain any Act of Parliament,
charter, privilege, concession, licence or authorisation of any
government, state, department or other authority (international,
national, local, municipal or otherwise) for enabling the Company
to carry any of its objects into effect or for extending any of the
Company's powers or for effecting any modification of the Company's
constitution, or for any other purpose which may seem expedient,
and to oppose any actions, steps, proceedings or applications which
may seem calculated directly or indirectly to prejudice the
interests of the Company or of its members. |
| (15) |
To enter into any arrangements with any government, state,
department or other authority (international, national, local,
municipal or otherwise), or any other person, that may seem
conducive to the Company's objects or any of them, and to obtain
from any such government, state, department, authority, or person,
and to carry out, exercise and exploit, any charter, contract,
decree, right, privilege or concession which the Company may think
desirable. |
| (16) |
To do all or any of the following, namely:
| (1) |
to establish, provide, carry on, maintain, manage, support,
purchase and contribute to any pension, superannuation, retirement,
redundancy, injury, death benefit or insurance funds, trusts,
schemes or policies for the benefit of, and to give or procure the
giving of pensions, annuities, allowances, gratuities, donations,
emoluments, benefits of any description (whether in kind or
otherwise), incentives, bonuses, assistance (whether financial or
otherwise) and accommodation in such manner and on such terms as
the Company thinks fit to, and to make payments for or towards the
insurance of -
| (a) |
any individuals who are or were at any time in the employment
of, or directors or officers of (or held comparable or equivalent
office in), or acted as consultants or advisers to or agents for -
| (i) |
the Company or any company which is or was its parent company
or is or was a subsidiary undertaking of the Company or any such
parent company; or |
| (ii) |
any person to whose business the Company or any subsidiary
undertaking of the Company is, in whole or in part, a successor
directly or indirectly; or |
| (iii) |
any person otherwise allied to or associated with the
Company; | |
| (b) |
any other individuals whose service has been of benefit to the
Company or who the Company considers have a moral claim on the
Company; and |
| (c) |
the spouses, widows, widowers, families and dependants of any
such individuals as aforesaid;
and | |
| (2) |
to establish, provide, carry on, maintain, manage, support and
provide financial assistance to welfare, sports and social
facilities, associations, clubs, funds and institutions which the
Company considers likely to benefit or further the interests of any
of the aforementioned individuals, spouses, widows, widowers,
families and dependants. | |
| (17) |
To establish, maintain, manage, support and contribute to any
schemes or trusts for the acquisition of shares in the Company or
its holding company by or for the benefit of any individuals who
are or were at any time in the employment of, or directors or
officers of, the Company or any company which is or was its parent
company or is or was a subsidiary undertaking of the Company or any
such parent company, and to lend money to any such individuals to
enable them to acquire shares in the Company or in its parent
company and to establish, maintain, manage and support (financially
or otherwise) any schemes for sharing profits of the Company or any
other such company as aforesaid with any such
individuals. |
| (18) |
To subscribe or contribute (in cash or in kind) to, and to
promote or sponsor, any charitable, benevolent or useful object of
a public character or any object which the Company considers may
directly or indirectly further the interests of the Company, its
employees or its members. |
| (19) |
To pay and discharge all or any expenses, costs and
disbursements, to pay commissions and to remunerate any person for
services rendered or to be rendered, in connection with the
formation, promotion and flotation of the Company and the
underwriting or placing or issue at any time of any securities of
the Company or of any other person. |
| (20) |
To issue, allot and grant options over securities of the
Company for cash or otherwise or in payment or part payment for any
real or personal property or rights therein purchased or otherwise
acquired by the Company or any services rendered to, or at the
request of, or for the benefit of, the Company or as security for,
or indemnity for, or towards satisfaction of, any liability or
obligation undertaken or agreed to be undertaken by or for the
benefit of the Company, or in consideration of any obligation (even
if valued at less than the nominal value of such securities) or for
any other purpose. |
| (21) |
To procure the Company to be registered or recognised in any
part of the world. |
| (22) |
To promote any other company for the purpose of acquiring all
or any of the property or undertaking any of the liabilities of the
Company, or both, or of undertaking any business or operations
which may appear likely to assist or benefit the Company, and to
place or guarantee the placing of, underwrite, subscribe for, or
otherwise acquire all or any part of the shares, debentures or
other securities of any such company as aforesaid. |
| (23) |
To dispose by any means of the whole or any part of the assets
of the Company or of any interest therein. |
| (24) |
To distribute among the members of the Company in kind any
assets of the Company. |
| (25) |
To do all or any of the above things in any part of the world,
and either as principal, agent, trustee, contractor or otherwise,
and either alone or in conjunction with others, and either by or
through agents, trustees, sub-contractors or otherwise. |
| (26) |
To do all such other things as may be deemed, or as the Company
considers, incidental or conducive to the attainment of the above
objects or any of them. | |
