Singapore Companies Amendment Act 2005
The changes primarily to the share capital and the capital
maintenance regime included
 |
abolishes par value (nominal
value) for shares and authorised
capital; |
|
allows companies to give
financial assistance to third parties in specified
circumstances |
|
allows companies to reduce their
share capital without a court
order; |
|
allows redemption of redeemable
preference shares out of capital or
profits; |
|
allows companies to buy back
shares out of capital or
profits; |
The changes to the Companies Act is effective as of
January 30, 2006.
Back to
Top
| 
Delicious
Digg
Facebook
Stumbleupon