Companies are required to:
1. keep a register of its nominee shareholders containing the particulars of the nominators of the company’s nominee shareholders
2. ensure that information in the register of nominee shareholders is updated within 7 days after being informed of any change
3. produce this register and any related document to the Registrar, an officer of ACRA or a public agency, upon request
Nominee shareholders are required to inform their respective companies of the fact that they are nominee shareholders and to provide the prescribed particulars of their nominators to their companies within the applicable timelines.
Shareholders who are nominees should, within the applicable timelines, (i) inform their respective companies of that fact and (ii) provide the particulars of their nominators.
In addition, nominee shareholders must inform their companies when they cease to be a nominee and of any change to the nominator’s particulars provided to the company.
A shareholder is a nominee if the shareholder:
Nominee shareholders must provide the following particulars of their nominators to their respective companies:
For nominators who are individuals
For nominators which are legal entities
If a company has not received any information from its nominee shareholders, the company may enter the following statement in their register:
“As of [date], the company has not received information on nominee shareholders of the company.”
Companies may keep their registers of nominee shareholders at
If a company appoints a registered filing agent to help the company keep its register of nominee shareholders and the registered filing agent subsequently resigns, the registered filing agent should hand over the register to the company, who may appoint another registered filing agent for the purpose of keeping the register.