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Companies Act 1967

Companies Act 1967 s 73B

s 73B Notice of redenomination

73B.—(1) Within 14 days after passing a resolution under section 73, a company must deliver a notice in the specified form to the Registrar for registration in relation to the redenomination.[36/2014] (2) The notice must include the following information with respect to the company’s share capital as redenominated by the resolution:(a) the total number of issued shares in the company; (b) the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the company; (c) the total amount of the company’s issued share capital; and (d) for each class of shares —(i) the particulars specified in subsection (3); (ii) the total number of issued shares in the class; (iii) the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the class; and (iv) the total amount of issued share capital of the class.[36/2014] (3) The particulars referred to in subsection (2)(d)(i) are —(a) particulars of any voting rights attached to shares in the class, including rights that arise only in certain circumstances; (b) particulars of any rights attached to shares in the class, as respects dividends, to participate in a distribution; (c) particulars of any rights attached to shares in the class, as respects capital, to participate in a distribution (including on a winding up of the company); and (d) whether or not shares in the class are redeemable shares.[36/2014] (4) If default is made in complying with this section, every officer of the company who is in default shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $4,000 and to a default penalty of $250.[36/2014] —(1) Within 14 days after passing a resolution under section 73, a company must deliver a notice in the specified form to the Registrar for registration in relation to the redenomination.[36/2014] (2) The notice must include the following information with respect to the company’s share capital as redenominated by the resolution:(a) the total number of issued shares in the company; (b) the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the company; (c) the total amount of the company’s issued share capital; and (d) for each class of shares —(i) the particulars specified in subsection (3); (ii) the total number of issued shares in the class; (iii) the amount paid up or regarded as paid up and the amount (if any) remaining unpaid on the total number of issued shares in the class; and (iv) the total amount of issued share capital of the class.[36/2014] (3) The particulars referred to in subsection (2)(d)(i) are —(a) particulars of any voting rights attached to shares in the class, including rights that arise only in certain circumstances; (b) particulars of any rights attached to shares in the class, as respects dividends, to participate in a distribution; (c) particulars of any rights attached to shares in the class, as respects capital, to participate in a distribution (including on a winding up of the company); and (d) whether or not shares in the class are redeemable shares.[36/2014] (4) If default is made in complying with this section, every officer of the company who is in default shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $4,000 and to a default penalty of $250.[36/2014]

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.