Companies Act - Singapore Statutes Online

Notice of redenomination

73B.—(1) Within 14 days after passing a resolution under section 73, a company must deliver a notice in the specified form to the Registrar for registration in relation to the redenomination.

(2) The notice must include the following information with respect to the company’s share capital as redenominated by the resolution:

(a)

the total number of issued shares in the company;

(b)

the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the company;

(c)

the total amount of the company’s issued share capital; and

(d)

for each class of shares —

(i)	the particulars specified in subsection (3);
(ii)	the total number of issued shares in the class;
(iii)	the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the class; and
(iv)	the total amount of issued share capital of the class.

(3) The particulars referred to in subsection (2)(d)(i) are —

(a)	particulars of any voting rights attached to shares in the class, including rights that arise only in certain circumstances;
(b)	particulars of any rights attached to shares in the class, as respects dividends, to participate in a distribution;
(c)	particulars of any rights attached to shares in the class, as respects capital, to participate in a distribution (including on a winding up of the company); and
(d)	whether or not shares in the class are redeemable shares.

(4) If default is made in complying with this section, every officer of the company who is in default shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $4,000 and to a default penalty of $250.

[Act 36 of 2014 wef 03/01/2016]

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