Transfer of shares in private limited company Singapore?

Before transfer of shares in a private limited company, you are to look for pre-emptive rights Clause in the company’s Constitution. Such pre-emption rights may be specified in the company constitution or in the shareholder agreement. If the other shareholders have pre-emption rights, they will need to be sent a Notice of Transfer of Shares to indicate if they want to exercise their pre-emption rights. Once the shares are transferred, remember to pay stamp duty to IRAS otherwise the share transfer will not be legally valid.