SUBSCRIBERS
MinLaw to curb number of owners a proxy can represent at meetings on enbloc sales
Published Tue, Sep 29, 2020 · 09:50 PM
Singapore
THE Ministry of Law (MinLaw) will restrict the number of owners that a proxy can represent at general meetings for en bloc sales, starting next year, to "minimise the risk of proxy abuse".
MinLaw will do so by amending the Second Schedule of the Land Titles (Strata) Act (LTSA), it said in a statement on Tuesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs