Hi [PIMPIN]. I'll try to answer your question.
1) From the very beginning we do not want to register the club. My intention of setting it up was to gather everyone which are like minded, passionate about the car, to share knowledge & experience, organise events, etc.... in short to gather a community.
The main point is to ensure everyone have FUN in doing all of the above. But after a few years we had to register it with ROS due to pressure from a few of our sponsors, especially our main sponsor, Proton. It's much easier for them to channel funds out to assist in our big events like interstate drives, etc...
Besides, the V-Sixers is listed as the official Proton club for the Proton Perdana in Proton's corporate website, mentioned in their Annual Reports, have budget allocations, etc.... thus there is a strong need to make it a legal entity.
2) The main reason like you mentioned is it's much easier for corporations to channel funds to an entity rather than an individual. Also it makes it legal for the club to collect membership fees.
Plus it's also glamor la to say, "My club is registered wit ROS".
3) Most definitely MSC can exist as a non-formal car club. There are plenty out there. Throw a stone also you'll hit a car that 'belongs' to a car club. LOL

Main drawbacks of not registered are in no. 2.
4) You can have the club without cawangan BUT you cannot carry the Malaysia name in the club name. When we started also it's under Selangor only, only then the rest of the states are formalized.
The main starting point now is 1 person. One person to step forward and take the lead for the inception. So who wanna be the club President?
When I was doing this last time, it was like a full time job to me. So I was having a paid job and a non-paid job. The difference is I spend more effort on the non-paid job.

Well I was young that time, plenty of time on hand and no wife + kids yet. Kakaka