What is pre-emption right? What is pre emptive right?

Pre-emptive rights or pre-emption rights / pre emption rights: In buying or selling a company, it is important to consider if the existing shareholders have any pre-emptive, also known as pre-emption, rights. Such rights can be defined as rights that give the company’s existing shareholders the first opportunity to acquire any shares that are being transferred.

There is no statutory pre-emption right for existing shareholders under Singapore law. Shareholders may have pre-emptive rights to acquire newly issued shares if the constitution allows so.