Authors: Tan Min-Li, Ge Xiaomeng and Timothy Tan. On 6 April 2021, the Ministry of Law (“MinLaw”) announced that it will be extending the duration of the legislation that enables entities to hold meetings via electronic means (“Virtual Meetings”) beyond 30 June 2021. This article discusses the extension in relation to the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings […]
Authors: Quek Li Fei and Sean Tan. What are Non-fungible tokens? Non-fungible tokens (“NFTs”) are unique digital tokens backed by blockchain technology, the same distributed ledger technology supporting well known cryptocurrencies such as Ethereum and Bitcoin. Despite having been around for a while, NFTs have become quite the rage recently largely due to the popularity of cryptocurrency as […]
CNPLaw LLP (“CNP”) is proud to announce that our Intellectual Property (“IP”) practice has been ranked by Asian Legal Business (“ALB”) for the sixth consecutive year. Our IP practice has maintained its ranking with Trademarks and Copyright work receiving a Tier 2 ranking within the Singapore jurisdiction. The Intellectual Property practice is headed by Partner Ms. See Tow Soo […]
Ms. Loo Meng Gee, the Managing Director of the company, is our founder director. With over 20 years of experience at firms including DBS, MSD Consultants (Wholly owned Subsidiary of Temasek) and Changi International Logistics Centre Ltd, Meng Gee, a FCA with an MBA as well as an accredited tax practitioner in income tax and […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Wei Chern Tham of Fullerton Law Chambers LLC. Wei Chern has joined IR as our exclusive Insolvency Member in Singapore. Wei Chern’s practice covers commercial and corporate disputes, including shareholders’ disputes and breaches of directors’ duties, and securities-related and banking litigation. […]
CNPLaw’s dispute resolution team authored the Singapore chapter in the 13th edition of the Dispute Resolution Review. This review is published by The Law Reviews and covers an overview of civil court systems of 28 jurisdictions. It offers a guide to those who are faced with disputes across international boundaries. The Singapore chapter touched on issues […]
A Special Purpose Acquisition Company (“SPAC”) is a company incorporated for the purpose of raising capital through an initial public offering (“IPO”). It is a blank-cheque company where the proceeds of the IPO will be used for the purpose of acquiring private companies or assets that are only identified after the IPO. This allows retail […]
The Singapore Exchange Regulation (“SGX Regco”) has announced on 16 March 2021 that the expiry date of the Enhanced Share Issue Limit (as defined below) for Mainboard issuers has been extended. Previously, the SGX Regco had announced on 8 April 2020 that it will provisionally enable Mainboard issuers to seek a general mandate for an […]
Background Presidential Regulation No. 10 of 2021 (the “Investment Law”) is the implementing regulation for the Omnibus Law[1], and it came into effect on 4 March 2021. The Investment Law revokes the foreign investment limitations imposed by Presidential Regulation No. 76 of 2007 and Presidential Regulation No. 44 of 2016, or more commonly referred to […]
The ‘mental elements’ of a valid Will Generally, three elements must be satisfied before the testator can be said to possess the requisite testamentary capacity when making a Will. In this regard, the testator must have the mental capacity to make a Will; have knowledge and approval of the contents of the Will; and be […]
This article is intended to update you on certain regulatory developments in this area since our article published on 31 October 2019. On 14 December 2020 and 28 December 2020, the Ministry of Law (“MinLaw”) issued two notices to all regulated dealers on changes to the subsidiary legislation of the Precious Stones and Precious Metals […]
The Companies Act (Cap. 50) (“CA”) requires directors of a newly incorporated company to appoint an auditor for the company within 3 months of the company’s incorporation. However, for owners of a new company, the statutory obligation to appoint an auditor may not be practicable if, for instance, a company has been incorporated far in […]