Malaysia Company Law

XYZ Sdn Bhd (“XYZ”) is a private company limited by shares whose sole object is the manufacture of paper products. The board of directors wishes to expand the business into salmon roe (caviar) farming. Pursuant to this expansion plan, XYZ proposes to purchase 2,000 salmon from SAL Sdn Bhd (“SAL”) at a cost of RM 1 million. Mega, a member of XYZ, disagreed to the idea of salmon roe farming. Advise Mega on whether the contract of XYZ to purchase salmon from SAL can be challenged to have the transaction set aside.