Singapore legislation
Section 152
Section 152
Disposal of shares of shareholder whose whereabouts are unknown
(1)
Subject to section 5 and subsection (2), section 390 of the Companies Act 1967 applies in relation to a VCC as it applies in relation to a company.
(2)
The reference in section 390(3) of the Companies Act 1967 to section 322 of that Act is to —
(a)
in the case of shares that relate to a sub-fund of an umbrella VCC — section 322 of that Act as applied by section 33; and
(b)
in the case of any other shares — section 322 of that Act as applied by section 130.