Singapore legislation
Clause 23
Clause 23
Amendment of section 37A
Section 37A(4) of the principal Act is amended —
(a)
by deleting the words “its issued capital is” in paragraph (c)(i) and (ii) and substituting in each case the words “the total number of its issued shares are”;
(b)
by deleting the words “issued capital” in the 2nd, 4th and 9th lines of paragraph (e) and substituting in each case the words “total number of issued shares”;
(c)
by deleting the words “issued capital” in the 5th and 10th lines of paragraph (e) and substituting in each case the words “number of issued shares”; and
(d)
by inserting, immediately after the words “such fraction” in the 6th and penultimate lines of paragraph (e), the words “of the total number”.