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Having wound-up the company's affairs, the liquidator must call a final meeting of the members (if it is a members' voluntary winding-up), creditors (if it is a compulsory winding-up) or both (if it is a creditors' voluntary winding-up). The liquidator is then usually required to send final accounts to the Registrar and to notify the court.
The Companies Act 1965, in its current form (15 August 2007), consists of 12 Parts containing 374 sections and 10 schedules (including 36 amendments).
A company limited by guarantee (CLG) is a type of company where the liability of members in the event the company is wound up is limited to a (typically very small) amount listed in the company's articles or constitution. [1] Most have no share capital, although rare exceptions exist.
SINGAPORE (Reuters) -Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures viewed as too strict by ...
The registration information was made available on the company's website, www.1mdb.com.my. During 2013, 1MDB was in the spotlight again when it applied for a six-month extension for the publication of its annual report that was supposed to be filed with the Companies Commission of Malaysia (CCM) by 30 September 2013. In the meantime, the change ...
[31] [32] The company collapsed in 1985 due to unsettled forward contracts, forcing the stock exchanges of both Singapore and Malaysia to shut down for three days. [33] At its demise, the company had a total debt of S$480 million, and all its shares held by 5,500 shareholders were found to be worthless overnight.
The company started initially as Hydrochem (S) Pte Ltd in 1989 [3] with a start-up capital of S$20,000 and three staff, selling water treatment systems. [4] [5]By January 2001, Hyflux had become the first water treatment company to be listed on SESDAQ, and was upgraded to the Singapore Exchange's Mainboard in April 2003.
Malaysia and Singapore first agreed to build the 350-kilometer line in 2013, and signed a bilateral agreement in 2016. Train services were meant to commence by 2026.