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Directors' duties in the context of dividend declarations and repayment of shareholder loans

OP3 International Pte Ltd v Foo Kian Beng [2022] SGHC 225 is a good illustration of the approach taken by the court in considering directors’ duties when a company is in a financially parlous situation and whether a director...more

The Variable Capital Company (VCC): A new corporate structure for funds in Singapore

The Variable Capital Company (VCC) is a new corporate entity structure under which several collective investment schemes (whether open-end or closed-end) may be gathered under the umbrella of a single corporate entity and yet...more

Takeover Code Amended to Deal with Dual Class Shares Companies

The Takeover Code has been amended to provide that where changes in the number of votes of multiple vote shares in a dual class shares company results in a shareholder coming under an obligation to make a general offer for...more

SGX Consults on Voluntary Delistings, the Listings Review Process and Responsibilities of Issue Managers

The SGX is proposing various amendments to the voluntary delisting regime. In a separate consultation, it is also proposing removing the power of the Listings Advisory Committee to look into applications not referred to it....more

Singapore Legal Update - August 2018

SIC Consulting on the Application of the Takeover Code to Dual Class Shares Companies - The SIC’s consultation proposes that where changes in the number of votes of multiple vote shares in a dual class shares company...more

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