Listed property developers with 'substantial connection to Singapore' can be exempted from qualifying certificate scheme: The Straits Times
The Ministry of Law announced on the 6th of February 2020 that public listed housing developer can apply for exemption from the Qualifying Certificate (QC) scheme if they have substantial connection to Singapore. The application will be assessed based on place of incorporation and their principal activity, the nationality of the board of directors, their shareholdings and their track records will be taken into consideration.
Source: https://www.straitstimes.com/business/listed-property-developers-with-substantial-connection-to-singapore-can-be-exempted-from
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