Clause 280

Where an issuer intends to invoke an exemption under this Subdivision other than an exemption under section 273(1), 276 or 277, he shall lodge with the Authority a report of his intention to issue the shares or debentures, or units of shares or debentures, in such form as may be prescribed at or before the time of invoking the exemption.

An issuer, if incorporated in Singapore, shall maintain a register in the prescribed form of the shares or debentures, or units of shares or debentures, issued under an exemption under this Subdivision other than an exemption under section 273(1), 276 or 277.

Particulars of the issue of the shares or debentures, or units of shares or debentures, shall be entered in the register within 3 days of the issue.

Upon the request of the Authority, the issuer shall produce for inspection the register maintained under subsection (2) and the Authority may make extracts from the register.

The Authority may supply a copy of an extract from a register to any person who, in its opinion, should, in the public interest, be informed of the issue of the shares or debentures, or units of shares or debentures, disclosed in the register.