A nominee shareholder refers to an individual or company appointed to hold shares on behalf of the beneficial owner. The nominee shareholder acts as an agent for the beneficial owner and has the legal title to the shares, while the beneficial owner retains the economic benefits and rights attached to the shares.
Welcome to Board.Vision Tutorials. In this tutorial, we will walk you through the steps to appoint a nominee shareholder in the register of nominee shareholders.
Important Note: Board.Vision web app is supported on Google Chrome (version 65.0 and later) and Microsoft Edge (version 87.0 and later).
To appoint a nominee shareholder:
1) Log in to your Board.Vision account using your registered email address and password.
2) Once you are logged in, Home shows an overview of your Upcoming, Pending, and Draft items.
3) Click on Registers from the left menu. The Register of Directors section will be shown as your main screen.
4) Click on the Arrow Down button next to the Register of Directors, then select Nominee Shareholders from the dropdown list.
5) On the Register of Nominee Shareholders page, click on the + icon at the top right.
6) Once you have clicked on the + icon, you will see the Register of Nominee Shareholder pop-up screen.
7) Enter a date into the Date of Entry and select the nominee shareholder from the Name of Nominee Shareholder dropdown list.
Important Note: The 'Name of Nominee Shareholder' dropdown list will display the list of members under the Register of Members.
8) To add an Existing User as a Nominator:
a) First, select Existing User under the Particulars of Nominator.
b) Then, choose the Type of Nominator; Individual, or Company.
Important Note: Upon selecting the existing user and type of nominator, the list of individuals from the 'Display Name' dropdown list will show all the Board.Vision users that have been added from the 'Users' module and new users that may have been added to the Registers module.
The list of companies from the 'Display Name' dropdown list will show all the new companies that have been added to the Register of Members or Register of Allotment.
c) Next, scroll down to enter details into all the mandatory fields (mark with an *), and click on Add to Register.
Note: The uploading of any supporting document is optional.
9) Once you have clicked on the add to register button, you will see the new entry added to the Register of Nominee Shareholders listing.
10) To add a New User as a Nominator:
Important Note: If you have added a New User from the Register of Nominee Shareholders, the user will be added to this register for record purposes only. The user will not be auto-created as a Board.Vision user in the 'Users' module.
a) First, select New User under the Particulars of Nominator.
b) Then, choose the Type of Nominator; Individual, or Company.
c) Next, scroll down to enter details into all the mandatory fields (mark with an *), and click on Add to Register.
Note: The uploading of any supporting document is optional.
10) Once you have clicked on the add to register button, you will see the new entry added to the Register of Nominee Shareholders listing.
If you face any issues in completing the steps shown in this tutorial, please reach out to our Customer Experience Team at support@board.vision or +65 69097100 and we will be happy to help.
Our hotline operating hours are from Mondays to Fridays 9:00 AM to 6:00 PM SGT (excluding public holidays).