Is there a minimum par value of each share?

What is the par value of shares in a Singapore Company? What is the face value?

In Singapore, there is no minimum par value or nominal value for each share. The concept of par value does not exist anymore in the country. Companies can issue its shares at any value they deem fit.

It also provides flexibility in planning the shareholding structures.

An example: You can issue 5% of shares at S$5 to one person in your company. And at the same time, you can issue 5% shares at S$5,000 to another person.

As you would guess, the concept of Share Premium is also not any more relevant in Singapore companies act.