Key points
ACRA distinguishes off-market, selective off-market, contingent-contract and listed-market purchases. Specific methods require member or special-resolution approval. Bought-back shares may be cancelled or retained as treasury shares. For private companies, the purchase is reflected through the electronic member register on filing; public companies notify within 30 days. A buyback and capital reduction should not be treated as interchangeable transactions.
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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