Notification
Of Share Capital - Share Premium And Capital Redemption
Reserves - Section
62B(7)
Companies
that have received shares premium and have capital redemption
reserves may update these amounts to the share capital.
Companies
may lodge such information using the new form called “Notification of Share Capital” under
Section 62B(7)” within 6 months after 30 January
2006 or before confirming their Summary of Returns. As
the Act uses the permissive word “may”, it
is not mandatory requirement. There is also no filing fee
payable.
Example as follows :-
Share Capital before appointed date
Currency :
Singapore Dollar
Class of Shares:
Ordinary
Preference
Others
Number of shares
2
$Nil
$Nil
Amount of Issued Share Capital
$2/-
$Nil
$Nil
Amount of Paid-up Share Capital
$2/-
$Nil
$Nil
Share Capital on or after 30 January 2006
(1) Please update the Amount Paid and Unpaid if information
below is correct. Please add any amount which has been
called paid up.
(2) “Amount Paid” is the sum of all amounts
paid to the company at any time for the shares, excluding
any premium.This amount will added to the Paid-Up Capital
upon successful lodgement.
(3) “Amount Unpaid” is the difference between
the price of issue (excluding any premium) and the amounts
paid on the shares.
Class of Shares:
Ordinary
Preference
Others
Amount Paid (par)
2
$Nil
$Nil
Amount Unpaid (par)
0
$Nil
$Nil
Share Premium
Please full in if applicable. Amount will be added to the
company’s Issued and Paid-Up Capital upon successful
lodgement.
Amount Paid (premium)
0
$Nil
$Nil
Capital Redemption Reserve (CRR)
Please full in if applicable. Amount will be added to the
company’s Issued and Paid-Up Capital upon successful
lodgement.
Amount Paid (CRR)
0
$Nil
$Nil
NOTE:
Please email Peggy Wai : svc@dni-secretarial.com, if your
Company required to submit the above update with ACRA records
before the deadline 31 August 2006.
