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The United States may impose secondary anti–Russian sanctions on Friday – Reuters en.news-front.su/2025/08/07/th…

The United States may impose secondary anti–Russian sanctions on Friday - Reuters

On August 8, 2025, the United States may impose secondary sanctions against Russia. This is reported by Reuters, citing sources in the White House. “The Russians are eager to continue cooperating with the United States.
newsmaker1 newsmaker1 (English News front)

plume - Link to source

The Complete Guide to Share Transfers in Singapore Private Companies


 Transferring shares in a Singapore private company requires a clear understanding of legal procedures to ensure everything is done correctly. This comprehensive guide outlines the steps involved, key requirements, and the critical role of a company secret

Transferring shares in a Singapore private company requires a clear understanding of legal procedures to ensure everything is done correctly. This comprehensive guide outlines the steps involved, key requirements, and the critical role of a company secretary or corporate secretarial services. By leveraging insights from the Accounting and Corporate Regulatory Authority (ACRA) and legal experts, this article aims to simplify the process and help businesses avoid common pitfalls.

Step 1: Reaching an Agreement with the Buyer

The initial step involves negotiating terms with the buyer (transferee). Both parties must sign an Instrument of Transfer, a legal document that specifies the price, terms, and obligations. This document is essential for securing ACRA’s approval for the transfer.

Step 2: Obtaining Board Approval

Most companies require board approval before shares can be transferred. The company secretary typically drafts a resolution for the board, ensuring that the transfer aligns with the company’s internal regulations.

Step 3: Compiling Necessary Documents

Several critical documents are required:


  • Notice of Transfer: Notifies the company of the sale.
  • Share Certificate: Confirms the seller’s ownership of the shares.
  • Stamp Duty Payment: A tax levied by ACRA, calculated at 0.2% of the share value (minimum S$200). This payment must be made within 14 days to avoid penalties. A company secretary ensures that these documents are meticulously prepared to prevent delays.


Step 4: Updating ACRA Records

Once approval is obtained, updated shareholder details must be submitted to ACRA using Form 20. The company secretary manages this filing to ensure records are accurate and up-to-date.

The Role of a Company Secretary or Corporate Secretarial Services

Engaging a company secretary or corporate secretarial services is crucial for legal compliance. Their responsibilities include:


  • Document Verification: Ensuring forms like the Instrument of Transfer are correctly completed to avoid rejection by ACRA.
  • Tax Management: Assisting with timely stamp duty payments to prevent penalties.
  • Board Approval Facilitation: Drafting necessary documents for directors’ review and approval.


Without professional assistance, companies risk errors. For instance, in 2023, 30% of rejected filings were due to incomplete transfer forms—an issue that a company secretary could easily prevent.

Understanding Legal Obligations


  • Stamp Duty: This tax must be paid within 14 days. Late payments incur daily fines (4% of the duty amount).
  • Public Records: ACRA mandates updating shareholder lists within 14 days post-transfer. A company secretary ensures timely compliance.
  • Company Rules: Some companies have specific regulations (e.g., pre-emptive rights) that allow existing shareholders to purchase shares before they are sold to others. A company secretary verifies these rules to prevent conflicts.


Cost and Time Efficiency


  • Costs: While DIY transfers might seem cost-effective, errors can lead to fines or legal issues. Professional services range from S$800 to S$1,500, ultimately saving time and reducing risks.
  • Time: Professionals typically complete filings in 3–5 days, whereas untrained staff might take weeks.


A 2024 ACRA report revealed that 45% of DIY transfers experienced delays due to errors, underscoring the value of professional assistance.

Addressing Common Challenges

Valuation Discrepancies: A company secretary can involve experts to determine a fair share price.

  • Director Conflicts: If directors reject a transfer, the company secretary can propose solutions, such as reviewing shareholder agreements.
  • International Buyers: Non-resident buyers may require additional documentation (e.g., tax forms), which a company secretary can coordinate.


Conclusion

Transferring shares in Singapore demands meticulous attention to detail and legal expertise. By adhering to ACRA guidelines and collaborating with a company secretary or corporate secretarial services, businesses can:


  • Avoid fines and legal complications.
  • Save time with precise filings.
  • Facilitate seamless transitions for new shareholders.


Professional guidance is imperative for companies striving to maintain compliance and avoid costly mistakes.

Disclosure: This article is intended for general informational purposes. Please consult a legal expert for specific cases.


What Does A Corporate Secretary Do?

A Corporate Secretary, often referred to as a Company Secretary, plays a pivotal role in ensuring the smooth and compliant functioning of a company.
Entrust Public Accounting Corporation

diaspora - Link to source

I'm just gonna leave this here

JD Vance went kayaking for his birthday. Secret Service had the river level raised


clickorlando.com/news/politics…


JD Vance went kayaking for his birthday. Secret Service had the river level raised

Vice President JD Vance’s security detail had an Ohio river’s water level raised last weekend to accommodate a kayaking trip he and his family took for his 41st birthday.
Julie Carr Smyth (ClickOrlando | Orlando, Florida News, Local Headlines | WKMG News 6")

N. E. Felibata 👽 reshared this.

friendica - Link to source
Familienvideos, Selfies, Chatgruppen: Die Bundesregierung will es Polizeibehörden erlauben, das öffentliche Internet mit den biometrischen Daten gesuchter Personen abzugleichen.
Gesichtserkennung und Datenanalyse: Zivilgesellschaft stellt sich gegen „Sicherheitspaket“

reshared this

diaspora - Link to source
#American Bandstand
… So, pardon me for my disposition, wish I didn't have to sit and listen
She's playin' the same old songs on the stereo
… She's been lyin' since the day I met her, I'd be better off to just forget her
Oh, I would rather be lonesome all alone
Michael Johnson would be 81
youtu.be/HnKU9XGNEW4?si=cyLBhL…

Michael Johnson This Night Won't Last Forever American Bandstand 1979

This Night Won't Last Forever · Michael JohnsonDialogueComposer Lyricist: Roy FreelandComposer Lyricist: Bill Labounty
YouTube

mastodon - Link to source

The backlash against Minns over the Bridge protest has gone beyond angry words. Caucus members are planning a motion to endorse the right to protest. At the heart of this anger lies a deeper question:

Where does Labor stand on democracy?
deepcutnews.com/p/does-labor-h…
#AusPol
#MarchForHumanity
#protest


Does Labor have a democracy problem?

State Labor's crackdown on protests and unwavering support for Israel raise deeper questions about the party's relationship with power and its democratic principles.
Antoun Issa (Deepcut News)

diaspora - Link to source
#1980
Oh, but it just may be a lunatic you're looking for
It's too late to fight
It's too late to change me
You may be wrong for all I know
But you may be right
"Liberty" DeVitto, American rock drummer (Billy Joel) is 75
youtu.be/Jo9t5XK0FhA?si=i80QUZ…

Billy Joel - You May Be Right (Official Video)

Billy Joel: And So It Goes OUT NOW on HBO Max.In 1980, Billy Joel released his album Glass Houses, which won one Grammy Award 'Best Male Pop Vocal Performanc...
YouTube

mastodon - Link to source

From the "Midwestern Doctor"

midwesterndoctor.com/p/what-th…

Looking at autoimmune disorders - in brief, treating the symptoms doesn't help.... Things that do help include
- fixing the triggers like an allergy
- good diet & sleep, less stress can help
- sunlight & exercise help
and so on.


What They Don’t Tell You About Autoimmune Disorders

and the dangers of conventional rheumatologic approaches to disease
A Midwestern Doctor (The Forgotten Side of Medicine)

mastodon - Link to source

Catharsis—the hardcore band whose new LP, "Hope against Hope," we released one week ago—will be performing in the Southeast this weekend:

8/8 Durham, NC: The Pinhook
8/9 Asheville, NC: Sly Grog
8/10 Atlanta, GA: Eyedrum

For information about the album and the shows:

crimethinc.com/HopeAgainstHope

An image reading Catharsis 8/8 Durham, NC The Pinhook 8/9 Asheville, NC Sly Grog 8/10 Atlanta, GA Eyedrum

Catharsis: "Hope against Hope"

North Carolina's premier hardcore band, Catharsis, has recorded a new full-length album, "Hope Against Hope."
CrimethInc.

mastodon - Link to source

'At the centre of the resistance is the ETU, led by state secretary Troy Gray. He has publicly threatened to halt major infrastructure projects if hunting restrictions are introduced. The motive is political. Facing competition from the far right, the unions are weaponising cultural identity and positioning themselves as defenders of “access” against what they frame as green elitism. Their message to Labor is simple: side with us or lose working-class votes.'

thesaturdaypaper.com.au/news/e…

How ETU shooters foiled a national park

At this year’s Electrical Trades Union Victorian branch delegates conference at the Melbourne Convention Centre, the message from the stage was “Work Hard, Rest Hard, Play Harder”.
Sarah Rees (The Saturday Paper)

diaspora - Link to source

#Weltkatzentag

mastodon.sdf.org/@dkluft/11498…

David Kluft (@dkluft@mastodon.sdf.org)

Attached: 1 image Someone has returned from the great hunt in the milkweed jungle. #cats #catsofmastodon #tortie
Mastodon @ SDF
in reply to A.R. Moxon

bridgy-fed - Link to source

A.R. Moxon

I sense no appetite for a "works with fascists and billionaires" message. I sense a desperate thirst for a "fights fascists and billionaires" message. www.the-reframe.com/its/

It's The Fascism, Stupid


It's The Fascism, Stupid

We're going to have to be our own leaders now. The ones we hired are broken. Playing the Right Game - a series about directional alignment.
A.R. Moxon (The Reframe)

friendica - Link to source
Famous Iranian artist Mahmoud Farshchian fells into coma en.mehrnews.com/news/235150/Fa…

Famous Iranian artist Mahmoud Farshchian fells into coma

TEHRAN, Aug. 07 (MNA) – Master of Persian miniature painting Mahmoud Farshchian, celebrated for revolutionizing traditional Iranian art, has fallen into a coma while hospitalized in the United States.
Morteza Ahmadi Al Hashem (Mehr News Agency)

ActivityPub - Link to source

Israel intends to take control of all of Gaza: Netanyahu

www.crikey.com.au/2025/08/08/benjamin-netanyahu-israel-control-gaza-trump-tariffs-roundtable

The prime minister of Israel has told Fox News that his country intends to fully take control of Gaza to 'liberate the people from the awful terror of Hamas'. Plus, Trump's tariffs on more than 90 countries have begun. The post Israel intends to take…


Israel intends to take control of all of Gaza: Netanyahu

Benjamin Netanyahu says Israel intends to take full control of Gaza to 'liberate the people from the awful terror of Hamas'.
Rich James (Crikey)

mastodon - Link to source

"Guardian investigation into the 72-hour attack by the paramilitary Rapid Support Forces (RSF) on North Darfur’s Zamzam camp, the country’s largest for people displaced by the war, found repeated testimony of mass executions and large-scale abductions. Hundreds of civilians remain unaccounted for"

#Sudan #RSF #WarCrimes

Assault on Sudan’s Zamzam refugee camp may have killed more than 1,500 civilians | Global development | The Guardian
theguardian.com/global-develop…


Assault on Sudan’s Zamzam refugee camp may have killed more than 1,500 civilians

Guardian investigation finds number killed in April attack by Rapid Support Forces far greater than current estimates
Mark Townsend (The Guardian)

reshared this

friendica - Link to source
Media, Press Freedom Groups Warn: ‘Journalists in Gaza Being Starved to Death’ by Israel #Palestine qudsnen.co/media-press-freedom…

Media, Press Freedom Groups Warn: ‘Journalists in Gaza Being Starved to Death’ by Israel

Gaza (Quds News Network)- Sixteen media organisations and press freedom groups, including Al Jazeera Media Network and the Committee to Protect Journalists, have called for an end to Israel’s “forced
Editing Team (Quds News Network)

Anban Govender reshared this.

in reply to georgia

pleroma - Link to source

𝕹𝖞𝖝 妛彁

every fucking time I read a page on Wikipedia about anything related to like magick, parascience, conspiracies, it literally always has exactly this sort of midwit skeptic "uhm ackshually according to le experts" bullshit to write everything off flatly as pseudoscience. if humanity lives long enough the period of history we've been living in since the mid 20th century is going to be seen as a new dark ages
⇧