Singapore legislation
Section 73A
Section 73A
Effect of redenomination
Amended by36/201436/2014
(1)
A redenomination of shares does not affect —
(a)
any rights or obligations of members under the company’s constitution or any restrictions affecting members under the company’s constitution; or
(b)
any entitlement to dividends (including any entitlement to dividends in a particular currency), voting rights and liability in respect of amounts remaining unpaid on shares (including liability in a particular currency).
Amended by36/2014
(2)
For the purposes of subsection (1), the reference to a company’s constitution includes the terms on which any shares of the company are allotted or held.
Amended by36/2014