A Trading Member must inform SGX-ST in writing as soon as it becomes aware of a formal decision to undertake or proceed with:
(a) any transaction that will or may result in a change in the legal or beneficial ownership of 20% or more of the Trading Member's issued share capital, and any subsequent increase of 5% or more of the Trading Member's issued share capital; or
(b) any change that will or may have the effect of altering control of the Trading Member.
Added on 3 June 20193 June 2019.