Entities designated under the Significant Investments Review Act 2024 of Singapore

20 Jun 2024

The Significant Investments Review Act 2024 of Singapore (“Act”) was passed by Parliament on 9 January 2024 and came into force on 28 March 2024. The Act sets out a new investment regime which will regulate significant investments – by both local and foreign investors – into designated entities critical to Singapore’s national security interests (“Designated Entities”). As at 31 May 2024, nine (9) such entities have been designated under the Act.

This article sets out a list of the Designated Entities and provides a summary of certain key points, including (a) the exemptions to the Act applicable to certain Designated Entities; and (b) the Minister’s residual powers under the Act over entities which act against national security interests, including those that are not Designated Entities. 

Read more here.

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