What is LLP (Limited Liability Partnership)?

LLP stands for Limited Liability Partnership, used for equity structure arrangements.

An LLP is an efficient investment vehicle that facilitates capital investments in the Issuer by accommodating an unlimited number of partners, unlike a Sdn Bhd, which limits the number of shareholders to 50. “LLP” refers to a limited liability partnership formed under the Limited Liability Partnerships Act 2012, which serves as a legal entity where all investors who invest in the Issuer will become partners. The LLP acts as an investment holding vehicle, subscribing to the offer shares in the Issuer on behalf of the investors.

Will the Partners be liable in case the Issuer is insolvent or if the Issuer is being sued?

No, the Partners are only liable up to the amount of their investment sum. They do not need to be responsible in case the Issuer is insolvent or if the Issuer is being sued.

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