2.11.1 Reduction in Paid-Up Ordinary Share Capital

Past version: Effective up to 28 Dec 2014

2.11.1.1 Each Clearing Member incorporated in Singapore, except in the case of a Bank Clearing Member, shall not reduce its paid-up ordinary share capital without the prior approval of the Clearing House.

Amended on 27 March 200627 March 2006 and 10 August 200710 August 2007.