CATEGORY: NEWS AND ANNOUNCEMENTS, PRESS RELEASES
Singapore, 15 December 2022 -聽The Ministry of Law earlier today that the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings) Orders (鈥渢he Orders鈥�)聽which enable entities to hold meetings through electronic means, will cease with effect from 1 July 2023. These entities include companies, variable capital companies and business trusts.
2. 聽聽聽聽聽聽聽聽聽 The Accounting and Corporate Regulatory Authority and the Monetary Authority of Singapore are working on legislative amendments to provide companies, variable capital companies and business trusts with the option to conduct general meetings by electronic means after the Orders are revoked. We expect to share details of the proposed amendments to the Companies Act, the Variable Capital Companies Act, and the Business Trusts Act, in early 2023.
3. 聽聽聽聽聽聽聽聽聽 Listed entities will have to observe SGX鈥檚 guidance on the holding of general meetings. For more information, please refer to the .