Exemptions under Section 213 (15)

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Companies Act

(Chapter 50, Section 213(15))

N 3

G.N. No. S 23/1990

REVISED EDITION 1990

(25th March 1992)

The Minister for Finance has exempted from compliance with section 213 of and the Tenth Schedule to the Companies Act —

(a)	the People’s Insurance Co. Ltd. and Monyx Investments Pte. Ltd. in respect of their purchase from Sime Shield Investment Holdings (Pte.) Ltd. of 19, 253, 350 fully paid shares in Equatorial Reinsurance (Singapore) Ltd.; [S 23/90] [31.12.89]
(b)	PSC Holdings (1988) Limited in respect of the acquisition by them of shares in the share capital of Provision Suppliers Corporation Ltd. pursuant to a restructuring exercise, [3011/90] [17.8.90]
(c)	the board of directors of Tong Meng Industries Ltd. in respect of the Circular to shareholders relating to the Unconditional Offer by Fairbanks Holdings (Pte.) Limited to acquire issued shares in the capital of Tong Meng Industries Limited; and [S 316/90] [24.8.90]
(d)	Corporate Holding Pte. Ltd (Company Registration No. 199005492Z) in respect of its acquisition from K.P. Cheong Investments Pte. Ltd., P.C. Cheong Pte. Ltd., P.S. Cheong Pte. Ltd. and Mr Cheong Sim Eng of 65,757,461 fully paid shares in Hong Fok Corporation Ltd. [S 462/90] [21.12.90]

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