Singapore legislation
Section 137
Section 137
Duty of person who ceases to be substantial shareholder to notify corporation
Amended by2/20092/2009
(1)
A person who ceases to be a substantial shareholder in a corporation must give written notice to the corporation within 2 business days after the person becomes aware that the person has ceased to be a substantial shareholder.
Amended by2/2009
(2)
A notice under subsection (1) must be in such form and must contain such information as the Authority may prescribe.
Amended by2/2009