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Rubber Plantation Companies, Malaya

Volume 387: debated on Tuesday 16 March 1943

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26.

asked the President of the Board of Trade whether he is aware that a large proportion of the rubber plantation companies in Malaya are controlled by administration companies such as Eastern Industries, Limited; and whether he will consider a revision of company law which would restore to shareholders democratic control of their companies?

I am informed that many rubber plantation companies used to find it convenient to employ agencies to supervise and manage their interests in Malaya, but that such arrangements did not affect the control of the shareholders.