What the document covers
The guide addresses notifying ACRA of redemption and the resulting register changes. It is distinct from a purchase of ordinary shares or a new share allotment.
Specific requirements and implications
The guide expressly requires the shares to be fully paid before redemption. The filer identifies the number redeemed and redemption method, then updates preference-share capital and the affected holders' remaining shares and paid-up amounts. Group holdings and multiple currencies are handled through separate entries where needed. Checking company and shareholder totals together helps avoid a successful submission that nevertheless records inconsistent post-redemption information.
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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