Singapore legislation
Regulation 2
of Significant Investments Review (Exemption — Exxon Mobil Asia Pacific Pte. Ltd.) Order 2024
Regulation 2
Definitions
Subregulation 1
In this Order —
Definition
“critical fuel product” means any heating fuel or transportation fuel;
Definition
“ExxonMobil Asia Pacific Pte. Ltd.” means the company incorporated under the Companies Act 1967 under that name and whose Unique Entity Number is 196800312N;
Definition
“Exxon Mobil Corporation” means the company incorporated in New Jersey, United States of America, with its business address at 22777 Springwoods Village Parkway, Spring, TX 77389‑1425.
Subregulation 2
In this Order, if —
an entity (X) holds (including by one or more applications of this paragraph) A% of the total equity interests in another entity (Y); and
Y holds B% of the total equity interests in another entity (Z),then X is taken to hold A% × B% of the total equity interests in Z.
Subregulation 3
In this Order, if —
X controls (including by one or more applications of this paragraph) C% of the voting power in Y; and
Y controls D% of the voting power in Z,then X is taken to control C% × D% of the voting power in Z.