Document background
A Directors Resolution To Issue Shares is a crucial corporate document required whenever a Singapore company wants to issue new shares. It demonstrates compliance with the Companies Act 1967 and the company's constitution, documenting the board's authorization for share issuance. This resolution is commonly used during funding rounds, employee share schemes, or corporate restructuring, and must include specific details about the share issuance, including number, class, price, and recipients. It serves as official evidence of the board's decision and is essential for updating the company's share register and ACRA records.
