In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
9. Exemption from section 59 of Companies Act 1967
Feedback & supportSection 59 of the Companies Act 1967 (which requires a statement in lieu of a prospectus on allotment of shares) does not apply to the issue of the transferee holding company’s shares under section 6 or 8.
transferee holding company
Defined · s 2
“transferee holding company” means a public company incorporated in Singapore and designated by the Minister under section 3(2)(a);