Information change
2020-03-20Board Meetings and Board Resolutions
2020-03-20
A private limited company in Singapore is a joint-stock private limited company at the time of registration.
The shares of each shareholder of the company are calculated according to the number of shares held by each person and the amount of each share. Different periods, different investors’ equity may have different face values. This kind of equity structure is conducive to the company’s later equity issuance, transfer, premium and other changes. When the company needs to issue additional shares.
The company needs to pass a resolution of the board of directors to decide how many new shares the company needs to issue and how much each share is. Then inform the existing shareholders of the company whether they want to subscribe for the additional shares. If the existing shareholders clearly state that they do not subscribe, then the directors of the company may recommend the equity subscription scheme to investors outside the company for financing. When the company determines the number, amount and investors of the additional equity issue, the company’s lawyer needs to prepare legal documents such as the shares subscription contract, and the company secretary needs to prepare the company’s resolution documents, the subscription documents, and the ACRA change documents.
If the shares price at the time of the company’s additional issuance exceeds the net value of the company’s existing shares (generating a premium), the premium portion will be directly credited to the company’s capital.
A private limited company in Singapore is a joint-stock private limited company at the time of registration. The shares of each shareholder of the company are calculated according to the number of shares held by each person and the amount of each share. Different periods, different investors’ equity may have different face values. This kind of shares structure is conducive to the company’s later shares issuance, transfer, premium and other changes.
When the company needs to issue additional shares. The company needs to pass a resolution of the board of directors to decide how many new shares the company needs to issue and how much each share is. Then inform the existing shareholders of the company whether they want to subscribe for the additional shares. If the existing shareholders clearly state that they do not subscribe, then the directors of the company may recommend the equity subscription scheme to investors outside the company for financing. When the company determines the number, amount and investors of the additional equity issue, the company’s lawyer needs to prepare legal documents such as the equity subscription contract, and the company secretary needs to prepare the company’s resolution documents, the subscription documents, and the ACRA change documents.
If the equity price at the time of the company’s additional issuance exceeds the net value of the company’s existing equity (generating a premium), the premium portion will be directly credited to the company’s capital.
Singapore FOZL Group Pte. Ltd.
Singapore Accounting and Corporate Regulatory Authority licensed corporate advisory firm
Singapore company registration
Trademark Registration Business Consultant Serviced Office
6 Raffles Quay, # 14-02, # 14-06, Singapore 048580