Definition of “business trust

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A business trust is a business enterprise structured as a trust. A business trust (“BT”) is a business enterprise structured as a trust....

Showing 3926 Documents for "business trust"

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    • MAS
    • Regulations

    Last revised date:

    • Units of a business trust having more than one class of units The lower of 5.
    • business trust on the most recent position day on which the units traded on an approved are exchange.
    • nearest whole number) formula ascertained by $2,000,000 Y the closing price (in Singapore dollars) of the relevant class of units of the business trust on the most recent position day on which the units are traded on an approved exchange.
    • MAS
    • Forms and Templates

    Last revised date:

    • SECTION 1: APPLICATION FOR A TRUST BUSINESS LICENCE What type of trust business service(s) does the applicant intend to carry out?
    • Form for entities to apply for a trust business licence under the Trust Companies Act.
    • TRUST COMPANIES ACT (Cap. 336) TRUST COMPANIES REGULATIONS FORM 1 APPLICATION FOR A TRUST BUSINESS LICENCE UNDER SECTION 4 OF THE TRUST COMPANIES ACT APPLICATION FOR A TRUST BUSINESS LICENCE UNDER SECTION 4 OF THE TRUST COMPANIES ACT (Full name of applicant as per ACRAs record) (Full name
    • MAS
    • Consultations

    Last revised date:

    • ; provided that where the settlor has constituted the trust before establishing business contact with the trust company, the trust company shall identify the settlor and trustee of the trust before the provision of any trust business services; in respect of each beneficiary
    • before establishing business contact with the trust company, the trust company shall verify the identities of the effective controllers before the provision of any trust business services), using the relevant information or data obtained from reliable, independent sources.
    • before establishing business contact with the trust company, the trust company shall screen the settlor and trustee of the trust before the provision of any trust business services; in respect of each beneficiary of the trust, as soon as reasonably practicable after the beneficiary
    • MAS
    • FAQs

    Last revised date:

    • (c) MONETARY AUTHORITY OF SINGAPORE 4 -------- Substantial unitholder of unlisted BT Trustee-manager of unlisted BT Part VII (Disclosure of Interests) FAQs in Changes percentage level of interests in voting units of u n l i s t e d BT.
    • Q18: Why do substantial unitholders of an unlisted BT have to disclose their interest to the trustee-manager of the unlisted BT? Does the trustee-manager have to disclose this information to the market?
    • , securities-based derivatives contracts that constitute an interest in the units or derivatives of units, or debentures or units of debentures, of the BT; (iii) in the context of a substantial shareholder of a corporation or a substantial unitholder of a business trust, securities-based derivatives
    • MAS
    • Guidelines

    Last revised date:

    • The Authority would generally consider this provision to have been complied with if the financial position and net profit and loss of the relevant entity or business trust or where the relevant entity or business trust is the holding entity or business trust of a group, the group, based on the
    • trust or where the relevant entity or business trust is the holding entity of a group, the group, for the last 3 financial years.
    • or business trust should be included in the prospectus as required under the sub-section on Audited Financial Information.
    • MAS
    • Speeches

    Last revised date:

    • We must therefore work together and strive to retain and enhance our reputation as a trusted business hub, and I am confident that we can achieve it. I wish you all an engaging and fruitful day ahead. Thank you.
    •  Keynote Address by Mr Heng Swee Keat, Managing Director, Monetary Authority of Singapore "Building Singapore as a Trusted Business Hub" Introduction 1   May I first congratulate Siong Thye and our CAD colleagues for organising this very timely conference, and for your success in drawing so many good
    • Singapore as a Trusted Business Hub 20  Some skeptics may ask:  is all this investment of time, energy and resources worth it?  Are we not better off focusing on exploiting business opportunities?  In other words, does good corporate governance and ethical behaviour pay?
    • MAS
    • Forms and Templates

    Last revised date:

    • Trustee-manager of a listed business trust (BT). Responsible person for a listed real estate investment trust (REIT).
    • of the BT/REIT By: Trustee-manager of a listed BT Responsible person of a listed REIT To: Investors via SGXNet announcement (i.e.
    • in the voting units in the business trust'.
    • MAS
    • Forms and Templates

    Last revised date:

    • BUSINESS TRUSTS ACT ACT (CHAPTER 31A) BUSINESS TRUSTS REGULATIONS 2010 NOTICE TO DISSENTING UNITHOLDER UNDER SECTION 40A(1) FORM 4 In this notice Name of Business Trust: ______________________________________________________ To __________________________ of ________
    • + State briefly the nature of the offer. ** Refer to section 40A(10) of the Business Trusts Act for guidance on what is considered as units in the subject trust already held by the transferee. -------- FORM 4 CONTINUATION SHEET 1 FORM 4 Name of Business Trust: _________________________
    • Trusts Act).
    • MAS
    • Speeches

    Last revised date:

    •  A very good morning to everyone. For guests who have joined us from overseas, a very warm welcome to Singapore. Optimism and New Landscape 2   In recent months, we have seen more optimism about an economic recovery. Indicators such as Industrial Production, Manufacturing Purchasing Managers Index and Merchandise Exports returned to modest growth at the global level in the second quarter this year [1] . 3   While the worst may appear to be over for the global economy, the outlook remains uncertain
    • MAS
    • Forms and Templates

    Last revised date:

    • Statistics provided under Part 2 of this Form should only relate to the trust business regulated under the Trust Companies Act.
    • BUSINESS REGULATED UNDER THE TRUST COMPANIES ACT I) Sources of revenue Foreign Trust2 Domestic Trust3 Total (S$'000) a) Revenue earned from trust business (S$'000) Arranging or Creating or Both Trusteeship only Provision of Trust Administration Services only Trusteeship
    • is taken as of calendar year ended 31 December -------- PART 1 - HEADCOUNT OF LICENSED TRUST COMPANY Category of Headcount Singapore Citizens or Permanent Residents Others Total Professionals1 Support Staff / Others Total PART 2 - TRUST