In forceAmended2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Securities and Futures Act 2001 · 2020 Revised Edition · Part 7 · Disclosure of Interests
137. Duty of person who ceases to be substantial shareholder to notify corporation
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Last amended by an amending law of 2009.
(1)
A person who ceases to be a substantial shareholder in a corporation must give written notice to the corporation within 2 business days after the person becomes aware that the person has ceased to be a substantial shareholder.
corporation
Defined · s 2
“corporation” has the meaning given by section 4(1) of the Companies Act 1967;
(2)
A notice under subsection (1) must be in such form and must contain such information as the Authority may prescribe.