Key points
Obtain the required shareholder approval and settle the issue terms before filing. Prepare share class, quantity, paid and unpaid amounts, shareholder particulars and any non-cash consideration documents. For private companies, allotment takes effect when the electronic register of members is updated on filing. Public companies file within 14 days of allotment. ACRA lists the transaction as free and immediately processed.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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