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This document outlines the process and implications of merging three mutual funds managed by ABAMCO Limited into a new fund named UTP-Growth Fund, including details on asset transfer, approval process,

How to fill out scheme of arrangement for

How to fill out Scheme of Arrangement for Amalgamation

1. Begin by gathering required documents, including the company’s existing articles of incorporation and any relevant financial statements.
2. Clearly define the purpose of the Scheme of Arrangement and its objectives.
3. Outline the terms of the amalgamation, including how the shares and assets of the companies will be combined.
4. Detail the rights of each class of shareholders involved in the amalgamation.
5. Prepare a scheme document that includes the outlined terms, stakeholders involved, and the timeline for the process.
6. Submit the draft Scheme of Arrangement to the relevant regulatory authority for review.
7. Conduct a meeting with shareholders to discuss the Scheme and gain their approval.
8. File the approved Scheme with the appropriate regulatory body and ensure all necessary disclosures are made.
9. Monitor the implementation of the Scheme to ensure compliance with the agreed terms.

Who needs Scheme of Arrangement for Amalgamation?

1. Companies planning to merge or amalgamate to streamline operations and resources.
2. Shareholders looking to understand how their interests will be impacted by the amalgamation.
3. Regulatory authorities requiring documentation for compliance and assessment.
4. Legal and financial advisors assisting companies with the amalgamation process.

People Also Ask about

What is the scheme of arrangement in merger?

A scheme of arrangement (or a "scheme of reconstruction") is a court-approved agreement between a company and its shareholders or creditors (e.g. lenders or debenture holders). It may affect mergers and amalgamations and may alter shareholder or creditor rights.

What is the meaning of scheme of amalgamation?

This Scheme of Amalgamation (hereinafter referred to as the "Scheme") provides for the amalgamation of the Transferor Company with the Transferee Company and the consequent treatment of assets and liabilities of respective Companies in the manner provided for in the Scheme.

What is the scheme of arrangement in M&A?

What is a scheme of arrangement? A scheme of arrangement is a procedure that allows a company to reconstruct its capital, assets or liabilities with the approval of its shareholders and the Court.

What is the scheme of arrangement for amalgamation?

A Scheme of Arrangement is a statutory procedure under Singapore's Companies Act 1967 that enables a company to reorganise its affairs, including mergers and acquisitions, with the approval of its shareholders and the Singapore High Court.

For pdfFiller’s FAQs

What is Scheme of Arrangement for Amalgamation?

A Scheme of Arrangement for Amalgamation is a legal agreement between two or more companies outlining the terms of their merger or amalgamation. It details how the assets, liabilities, and shares of each company will be combined and redistributed.

Who is required to file Scheme of Arrangement for Amalgamation?

Typically, the companies involved in the amalgamation need to file the Scheme of Arrangement with the relevant legal authorities. This usually includes the board of directors and shareholders of both companies.

How to fill out Scheme of Arrangement for Amalgamation?

To fill out a Scheme of Arrangement, companies must provide detailed information including the financial position, assets, and liabilities of both companies, the terms of the amalgamation, and procedures for approval by shareholders and relevant authorities.

What is the purpose of Scheme of Arrangement for Amalgamation?

The purpose of a Scheme of Arrangement for Amalgamation is to facilitate the legal and operational integration of two or more companies, ensuring a smooth transition of assets, liabilities, and operations while complying with regulatory requirements.

What information must be reported on Scheme of Arrangement for Amalgamation?

The information must include details on the companies involved, the rationale for the amalgamation, the proposed structure post-amalgamation, the rights of shareholders, the financial statements, and any regulatory compliance information.