64 Companies Limited By Guarantee Approved To Collect Donations – SSM
The Companies Commission of Malaysia (SSM) today revealed that 64 companies limited by guarantee (CLBGs) have applied and received approval from the Ministry of Domestic Trade and Consumer Affairs (minister) or the registrar to collect donations from the public. SSM said the initiative to display the list of CLBGs on the SSM portal was taken to make it easier for the public to check the latest status of CLBGs that are registered and approved to collect donations. Previously, only the list of CLBGs registered under the Companies Act 2016 was displayed on the SSM portal. Chief executive officer Datuk Nor