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Singapore to extend alternative arrangements for company General Meetings

Measures passed in April 2020 during the height of the COVID-19 pandemic extended by Singapore government

In April 2020, as the COVID-19 pandemic led to a nationwide ‘Circuit Breaker’ lockdown, the Singapore government passed a number of measures designed to allow companies in Singapore to hold their meetings virtually, or postpone them.

The measures allowed entities, including Companies, Variable Capital Companies, Business Trusts, Unit Trusts and Debenture Holders, to hold meetings through alternative electronic means, rather than in person. These measures were put in place to limit person-to-person contact and reduce the spread of the COVID-19 virus.

The measures, which were due to expire on 30 June 2021, have been extended beyond this date until they are revoked or amended by the Ministry of Law. It is believed these measures will remain in place for as long as the 2020 COVID-19 Regulations continue to exist.

The Ministry of Law have stated that they will provide companies at least six months’ notice before revoking or amending the law.

For more information, contact Alpadis Group