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laws.sgby aturio
In force2020 Revised Edition
Contents

Part 4 · Shares, Debentures and Charges

81. Substantial shareholdings and substantial shareholders

(1)

For the purposes of this Division, a person has a substantial shareholding in a company if —

(a)

the person has an interest or interests in one or more voting shares in the company; and

(b)

the total votes attached to that share, or those shares, is not less than 5% of the total votes attached to all the voting shares in the company.

(2)

For the purposes of this Division, a person has a substantial shareholding in a company, being a company the share capital of which is divided into 2 or more classes of shares, if —

(a)

the person has an interest or interests in one or more voting shares included in one of those classes; and

(b)

the total votes attached to that share, or those shares, is not less than 5% of the total votes attached to all the voting shares included in that class.

(3)

For the purposes of this Division, a person who has a substantial shareholding in a company is a substantial shareholder in that company.

(4)

In this section and section 83, “voting shares” exclude treasury shares.

Report

Read on from s 82

Part 5

Management and Administration

Read on from Part 5

Part 6

Financial Statements and Audit

Read on from Part 6

Part 7

Arrangements, Reconstructions and Amalgamations

Read on from Part 7

Part 8

Read on from Part 8

Part 8A

Read on from Part 8A

Part 9

Investigations

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Part 10

Dissolution

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Part 10A

Transfer of Registration

Read on from Part 10A

Part 11

Various Types of Companies, Etc.

Read on from Part 11

Part 11A

Register of Controllers, Nominee Directors and Nominee Shareholders of Companies

Read on from Part 11A

Part 12

General

Read on from Part 12

Schedules

Read on from Schedules