Scribd
Upload
3K views2 pages

Sample Board Resolution

The board of directors of the parent company passed a resolution to authorize the incorporation of a Singapore subsidiary. The resolution specifies that the parent company will subscribe to [number] of shares totaling [value] in the Singapore subsidiary. Two directors are authorized to sign the memorandum and articles of association. A corporate representative is appointed to represent the parent company at general meetings of the Singapore subsidiary.

Uploaded by

Jen Gamil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
3K views2 pages

Sample Board Resolution

The board of directors of the parent company passed a resolution to authorize the incorporation of a Singapore subsidiary. The resolution specifies that the parent company will subscribe to [number] of shares totaling [value] in the Singapore subsidiary. Two directors are authorized to sign the memorandum and articles of association. A corporate representative is appointed to represent the parent company at general meetings of the Singapore subsidiary.

Uploaded by

Jen Gamil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

(SAMPLE OF PARENT COMPANY’S BOARD RESOLUTION)

NAME OF PARENT COMPANY


(the Company)
Company Number : ___________________
(Incorporated in _____________)

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE


MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY

AUTHORISATION OF INCORPORATION OF A SINGAPORE COMPANY

WHEREAS :

The Company is desirous to incorporate a subsidiary company in Singapore (Singapore Subsidiary).

RESOLVED :

1. That the Singapore Subsidiary be and is hereby approved to be incorporated.

2. That the share capital of the Singapore Subsidiary will be <Number of shares and total value> (e.g.
100,000 (One Hundred Thousand) ordinary shares totaling S$100,000 (Singapore Dollars One
Hundred Thousand).

3. That the Company shall subscribe to <all the shares in the Singapore Subsidiary> OR <Number
of shares and total value> (e.g. 50,000 (Fifty Thousand) ordinary shares totaling S$50,000
(Singapore Dollars Fifty Thousand).

4. That <name of parent company’s director> and <name of parent company’s director> be and
is/are hereby authorized to sign the Memorandum and Articles of Association of the Singapore
Subsidiary.

5. That <name of corporate representative 1> or failing him/her <name of corporate representative
2> be and is/are hereby appointed as the corporate representative of the Company for purposes of
<the Extraordinary General Meeting of the Singapore subsidiary to be held on ________> / all
++
General Meetings of the Singapore subsidiary and at any adjournments thereof, and without
prejudice to the generality of the foregoing, to exercise all necessary powers of the Singapore
Subsidiary

DIRECTORS

______________________________________ ________________________________
<Name of Director> <Name of Director>

Date:

Sample  BOD  for  subsidiary/14112013/v5  


 
Please  note:  

• This  is  a  sample  only.  The  signing  of  the  Board  Resolution  must  comply  with  the  parent  company’s  
constitution.  As  such,  please  amend  the  number  of  directors  and  other  information  as  necessary.    
• For  point  4  and  point  5,  please  provide  copy  of  passport  and  residential  address  proof  of  the  appointed  
individual.    
• The  corporate  representative  is  the  person  appointed  by  the  parent  company  to  attend  general  
meetings  on  behalf  of  the  parent  company.  You  can  choose  1  or  more  depending  on  your  requirement.  

Sample  BOD  for  subsidiary/14112013/v5  


 

You might also like