The present Constitution functions as a contract that outlines the relationships and interactions between a company and its members, directors, and company secretary. It covers various aspects such as powers, responsibilities, roles, major activities, share allotment, dividend payment, share transfer, appointment/re-election/removal of directors, meeting conduct, and more.

Although having a company constitution is not mandatory in Malaysia, shareholders have the choice to adopt one either during incorporation or after the company is registered. It is advisable to adopt a constitution, especially when the company has more than one shareholder.