EXCHANGES (DEMUTUALISATION AND MERGER) BILL

"to provide for the demutualisation and merger of the Stock Exchange of Singapore Limited, the Singapore International Monetary Exchange Limited and the Securities Clearing and Computer Services (Pte) Limited by making these companies wholly-owned subsidiaries of a transferee holding company, to amend the Monetary Authority of Singapore Act (Chapter 186 of the 1985 Revised Edition) to provide for the establishment of a Financial Sector Development Fund and to make consequential amendments to certain other written laws", recommendation of President signified; presented by BG Lee Hsien Loong; read the First time; to be read a Second time on the next available sitting of Parliament, and to be printed.