Issue new ordinary shares, paid in cash, to existing or new individual shareholders. The portal handles shares in SGD, USD, GBP, EUR or JPY. For other share types or currencies, use Other Requests. The form takes under 5 minutes.
Form under 5 min
Processing 10 - 15 days
What you’ll need
- The number of new shares and the total paid-up capital
- A copy of the bank statement or bank receipt showing the capital paid in (JPG, PNG or PDF)
- How many shares and how much capital each shareholder receives
- For a new shareholder: their particulars and a copy of their NRIC or passport
Steps
- Go to Request. Click Request in the top menu. If you manage more than one company, switch to the right one using the button beside the company name in the left panel.
- Open Allotment of Shares. In the left panel, open Change Share Information and click Allotment of Shares.
- Review the request details. Read what you need, then click Let’s Get Started.
- Enter the share details. Choose the currency, then enter the number of new ordinary shares and the amount of issued or paid-up capital. Upload the bank statement or receipt as proof of capital, then click Next.
- Allot the shares to shareholders. The page lists your current shareholders with their existing shares. Enter the new capital and new shares for each one receiving shares. The balance at the top counts down and must reach 0 for both shares and capital before you can submit. To give shares to someone new, click Add Shareholder and enter their details and documents, as for a new director. Only individual shareholders can be added.
- Submit. Click Submit. If the request has a fee, it is added to your Cart. Complete payment there so HeySara can start. Then track the request under Transaction History at the top right of the Request page.
What happens next
HeySara reviews the request and prepares the resolution. The directors sign it in the Signature tab, and HeySara files the allotment with ACRA. Processing takes 10–15 days on average.
