Singapore legislation
Regulation 2
of Stamp Duties (Relief from Stamp Duty upon Reconstruction or Amalgamation of Companies) Rules
Regulation 2
Definitions
Subregulation 1
In these Rules, unless the context otherwise requires —
Definition
“reckonable share capital” means the issued share capital (by whatever name called) of the company other than share capital which consists of shares that do not entitle the holder thereof to the right to vote at a general meeting;
Definition
“relevant offer of shares”, in relation to a company, means —
the initial public offer; or
a subsequent offer,for subscription or sale of shares of the company where —
the shares are listed on the Singapore Exchange, or listed both on the Singapore Exchange and elsewhere; and
the total issued shares that are offered to the public do not exceed the prevailing minimum requirement set by the Singapore Exchange for a main board listing of the shares at the time of the initial public offer or subsequent offer, as the case may be;
Definition
“relevant shareholder”, in relation to an existing company, means —
any shareholder of the existing company who acquired shares in the existing company prior to its initial public offer of shares referred to in paragraph (a) of the definition of “relevant offer of shares”;
any shareholder of the existing company who acquired shares in the existing company directly from any shareholder referred to in paragraph (a); or
any shareholder of the existing company which is a private company;
Definition
“shares” includes stocks.
Subregulation 2
In these Rules, any reference to the undertaking of an existing company includes a reference to a part of the undertaking of an existing company.