HIGHLIGHTS OF PHASE 2 COMPANIES （第二阶段的公司）.pdfVIP

HIGHLIGHTS OF PHASE 2 COMPANIES (AMENDMENT) ACT 2014 The Accounting and Corporate Regulatory Authority (“ACRA”) has on 5 November 2015 announced that Phase 2 of the changes will come into effect on 3 January 2016. More details are available on ACRA website at .sg Provision in the Companies Act Changes made Directors Sections 153 and 165(1)(d) and Maximum age limit for directors of public companies and its subsidiaries is removed. 165(2)(c) repealed