There are some enhancements to Section 165 Current Shareholdings of the Director's Disclosure module.



1) Current Shareholdings listing page


a) We have renamed the column header from "By Whom" to "Interest Held By".


Previous Design

Current Design



b) We have renamed the column header from "No. of Securities Held" to "Securities Held (Units)".


Previous Design





 
Current Design


c) We have renamed the column header from "Value of Securities Held" to "Securities Held (Value)".


Previous Design





 
Current Design


c) Interests that have been fully redeemed will still be displayed on the Current Shareholdings listing page.


Previous Design


If an interest has a "0" amount or N.A.(i.e. fully redeemed), the system did not display the interest record in the table.
Current Design


- If an interest has a "0" amount or N.A., the system will continue
to display the interest record
in the table.

Directors and their Authorised Preparer can click Edit to view or edit the transaction
record.
They can also choose to
delete the record, subject to
all transaction records have been removed.



2) Add New Shareholdings/Interests


a) We have updated the Add Shareholdings/Interests pop-up window for Direct and Deemed Interest. 

Previous Design


- When the Director or Authorised Preparer clicked on the Add Interest button, an "Add Shareholdings / Interests" window popped up.



On this Add Shareholdings / Interests pop-up window, they had the following option:
1) Select the entry as New or Past Record (if circulation was not required).
2) To Save As Draft.

Previous Design


- When the Director or Authorised Preparer clicks on the Add Interest button, a "Shareholdings / Interest" window pops up.
1) On this Shareholdings/Interest pop-up window, select the Interest Held By and Description of Interest. Then, click on +Add New Interest.


2) Enter the Nature/Reason of Change, Description of Change, Date of Change, Change in Securities, Price or Other Consideration (if any), and select Require Circulation (if required).

Then, click on Confirm.

3) Once you have clicked on Confirm, the Securities Held (After Change) column will be updated and you can click on +Add New to add the same type of interest. Then, click on Update.


To find out more on how to add a new shareholding or interest, please check here.


3) Change in Shareholdings / Interests


a) An update to how the Company Information is displayed.


Previous Design


- The company information was displayed at the top right side of the screen.


Current Design


- The Company Information is displayed on the right side of the screen.



b) We have updated the columns reflected in the Direct or Deemed interest table.


Previous Design


- The interest table displayed the following columns:


a) Interest Held By

b) Description of Interest

c) Current Balance (Units)

d) Current Balance (Value)

e) Change in Securities 

f) Price or Other Considerations

(including any "Draft" record)

Current Design


- The interest table will display the following columns:


a) Interest Held By

b) Description of Interest (will display 

c) Securities Held (Unit)

d) Securities (Value)



c) We have updated the Edit Interest pop-up window for Direct Interest and Deemed Interest. 


Previous Design


- When the Director or Authorised Preparer clicked on the Edit Interest button, a "Notice of Change" window popped up. 


The Director or Authorized Preparer could only enter a notice of change in interest (e.g., buying or selling shares). They were not able to amend their existing shareholding or interest once the record had been entered and confirmed previously. 




Previous Design


- When the Director or Authorised Preparer clicks on the Edit Interest button, a "Shareholdings / Interest" window pops up.

On this Shareholdings/Interest pop-up window, Director or Authorised Preparer can do the following:

1) To edit their existing shareholding or interest.
2) To enter a notice of change in interest (buying or selling of shares). 
1) To edit their existing shareholding or interest.

a) After clicking on the Edit Interest button, they can edit the existing interest by clicking on the Pen icon under the "Action" column. 


b) Update as necessary (for example the date of change or securities value) and if you wish to circulate the disclosure, select the Require Circulation checkbox. Then, click on Confirm.



2) To enter a notice of change in interest (buying or selling of shares).

a) After clicking on the Edit Interest button, a "Shareholdings / Interest" window will pop up. Click on +Add New.


b) A new row will be added for you to input the change.

  • To record the purchase of shares, select "+" under the "Change in Securities" column.
  • To record the sale of shares, select "-" under the "Change in Securities" column.

If you wish to circulate the disclosure, select the Require Circulation checkbox. Then, click on Confirm.



To learn more about editing your shareholding or interest, please check here.

To learn more about submitting a notice of change in interest, please check here.


If you face any issues, please reach out to our Board.Vision Customer Success Team at support@board.vision or +65 69097100 and we will be happy to help.

 

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