by The Raffles Corporate Services Editorial Team | Aug 8, 2026 | Corp Sec Library, Running Your Company
When a lender appoints a receiver over a company that has defaulted, the company does not simply freeze. Contracts are still running — suppliers keep delivering, employees keep working, customers expect orders to be filled. A pressing question arises immediately: if...
by The Raffles Corporate Services Editorial Team | Aug 8, 2026 | Corp Sec Library, Running Your Company
Directors take on real personal exposure. If something goes wrong — a claim of negligence, a breach of duty, a regulatory action — a director can be sued, sometimes by the very company they serve. It is natural for a company to want to protect its directors by...
by The Raffles Corporate Services Editorial Team | Aug 8, 2026 | Corp Sec Library, Running Your Company
A shareholder who cannot attend a company meeting is not shut out of the decision. Singapore law lets them appoint someone else to attend and vote in their place. That someone is a proxy, and the rules governing proxies sit in section 181 of the Companies Act 1967....
by The Raffles Corporate Services Editorial Team | Aug 8, 2026 | Corp Sec Library, Running Your Company
Not every change to a company’s shares involves raising fresh capital or moving money. Sometimes a company simply needs to reorganise the shares it already has — splitting each share into several smaller ones, or combining several into one. In Singapore, this is...
by The Raffles Corporate Services Editorial Team | Aug 8, 2026 | Corp Sec Library, Running Your Company
Many Singapore company constitutions contain a clause that quietly requires some of the directors to step down at each annual general meeting and offer themselves for re-election. This is retirement of directors by rotation, and it is one of the most misunderstood...
by The Raffles Corporate Services Editorial Team | Aug 8, 2026 | Corp Sec Library, Running Your Company
When a Singapore company has more than one class of shares — say ordinary shares and a tranche of preference shares issued to an investor — the rights attached to each class are part of the bargain that persuaded people to put money in. Those rights cannot be quietly...