33. Effect of directions issued if Singapore’s national security interests affected

the voting rights in respect of the section 32(5) equity interests are not exercisable, unless the Minister expressly permits those rights to be exercised;

the voting power that the person to whom the direction is issued controls, whether alone or together with that person’s associates, in the entity is not exercisable, unless the Minister expressly permits that power to be exercised;

no equity interest in the entity is to be issued or offered (whether by way of dividends, rights, bonus or otherwise) in respect of the specified equity interests, unless the Minister expressly permits that issue or offer; and

no amount may be paid (whether by way of dividends, profits, income or otherwise) in respect of the section 32(5) equity interests, unless the Minister expressly authorises that payment.

the provisions of any other written law;

anything in any listing rules as defined in section 2(1) of the Securities and Futures Act 2001; and

the provisions of the memorandum or articles of association, trust deed or other constitution of the designated entity in question.