Singapore legislation
Section 63
Section 63
Return as to allotments by private companies
(1)
A private company may allot new shares, other than a deemed allotment, by lodging with the Registrar a return of the allotment in the prescribed form, which must include the following particulars:
the number of the shares comprised in the allotment;
the amount (if any) paid or deemed to be paid on the allotment of each share;
the amount (if any) unpaid on each share referred to in paragraph (b);
where the capital of the company is divided into shares of different classes, the class of shares to which each share comprised in the allotment belongs; and
for each member of the private company —
the full name;
the identification and nationality, if required by the Registrar;
the residential address and contact address (if the member is an individual) or the address (if otherwise); and
the number and class of shares held.
(2)
An allotment of shares, other than a deemed allotment, by a private company on or after 3 January 2016 does not take effect until the electronic register of members of the company is updated by the Registrar under section 196A(5).
(3)
In this section and section 63A, “deemed allotment” means an issue of shares without formal allotment to subscribers to the constitution.