Singapore legislation
Regulation 2
Regulation 2
Exemption from section 15A(1) of Act
Subregulation 1
The Minister exempts any shareholder of Malayan Banking Berhad from section 15A(1) of the Act, in relation to the shareholder becoming a substantial shareholder of Maybank Singapore Limited by virtue of the shareholder’s interest or interests in one or more voting shares in Malayan Banking Berhad.
Subregulation 2
The Minister exempts Cekap Mentari Berhad from section 15A(1) of the Act, in relation to it becoming a substantial shareholder of Maybank Singapore Limited.