The Companies Act (Cap. 50) does not cap the amount of shares each shareholder is entitled to. In other words, the foreign parent company may own 100% shares of the subsidiary company.
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The Companies Act (Cap. 50) does not cap the amount of shares each shareholder is entitled to. In other words, the foreign parent company may own 100% shares of the subsidiary company.
30 Cecil Street, #19-08 Prudential Tower, Singapore 049712 | Phone: +65 6320 1888