Legal Bulletin January 2016  

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Competition
CCS seeks feedback on proposed voluntary commitment by supplier of lift spare parts for maintenance of lifts in Singapore (+)

Corporate
Companies Act amendments in force on 3 January 2016 with two exceptions (+)

Business Names Registration Act 2014 in force from 3 January 2016 (+)

Dispute Resolution
SIAC announces opening of public consultation on revised SIAC Arbitration Rules (+)

Singapore Court of Appeal considers consequences of setting aside part of an arbitral award and possibility of remission to tribunal (+)

Employment
MOM, NTUC and SNEF issue tripartite advisory on managing workplace harassment (+)

Maritime & Aviation
Singapore High Court grants interim order for sale of cargo on board a vessel in international waters in aid of international arbitration (+)

General
MAS issues asset freeze regulations against certain individuals/entities that may be a threat to South Sudan (+)

Ministry of Social and Family Development issues response to feedback from public consultation on proposed changes to Mental Capacity Act (+)

Singapore High Court declares that properties bequeathed by testator vested in MUIS (+)

Regional News
Central Bank of Myanmar announces new foreign bank licensing planned for 2016 (+)

Central Bank of Myanmar issues Law Amending the Foreign Exchange Management Law 2012 (+)

Myanmar passes new Arbitration Law (+)

Publications
The International Comparative Legal Guide to Public Procurement 2016: Singapore chapter (+)

The Sports Law Review: Singapore chapter (+)

Deals
US$2.4 billion pre-conditional voluntary conditional cash offer for Neptune Orient Lines Limited (+)

S$333.5 million joint venture between Alpha Asia Macro Trends Fund II and City Developments Limited and their S$1.0715 billion acquisition of three properties (+)

Establishment of US$750 million multicurrency perpetual securities issuance programme and issue of US$175 million senior perpetual securities by CITIC Envirotech Ltd. (+)

Initial public offering of BHG Retail REIT (+)

Partnership between Sunseap Group and Apple (+)

News
Allen & Gledhill announces admission of new Partners (+)

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