foreigner

"foreigner" means — (a) an individual who is not a citizen of Malaysia; (b) a body, corporate or unincorporate, which is incorporated or constituted, as the case may be, outside Malaysia; (c) a trustee administering a trust which is constituted under any foreign law; (d) a trust corporation which is incorporated under any foreign law; (e) a society, including a co-operative society or any other institution, which is constituted, registered or incorporated under any foreign law; (f) a nominee company incorporated in Malaysia which — (i) is identified with the word "(Asing)" in its name; and (ii) performs the services of a nominee, agent or trustee solely for or on behalf of l egal or beneficial owners of securities who are foreigners; or (g) a company, other than a company described under paragraph (f), which is incorporated in Malaysia and where any one of the persons or a combination of the persons referred to in paragraph (a), (b), (c), (d) or (e) is entitled to exercise or control the exercise of more than fifty per centum of the voting rights of the company;
PU(A) 513/1996 - SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) (FOREIGN OWNERSHIP) REGULATIONS 1996
2. Interpretation.