18-member Corporate Governance Advisory Committee unveiled on Tuesday; it will act mainly as an advocacy body.

It seeks answers to long list of queries to help securities holders make an informed decision in relation to company's restructuring.

Effective: 1 Feb 2019

Independent shareholders will not be required to make a general offer if their share of voting rights is pushed past regulatory thresholds under certain circumstances.

In Mukherjee Amitava v DyStar Global Holdings (Singapore) Pte Ltd & Ors [2018] SGCA 57, the Court held that a director has an almost-presumptive right to inspect the company documents to the extent these fall within the ambit of s199 of the Companies Act. 

This article discusses some of the key changes to the Code, and the corporate governance advisory committee which the MAS expects to establish by the end of this year.

This article outlines the key updates to the Guidelines released on 12 Nov.

In BTY v BUA and other matters [2018] SGHC 213, the issue was whether or not the matter should proceed to litigation or arbitration. 

Published: 05 Dec 2018

Companies — Schemes of arrangement

The SHC in Winsta Holdings Pte Ltd and another v Sim Poh Ping and others [2018] SGHC 239 found that the Sim family had in fact breached their fiduciary duties.

International Healthway Corp Ltd v The Enterprise Fund III Ltd and others [2018] SGHC 246 is the first reported decision applying the Companies Act to void transactions where a company has purported to purchase its own shares.