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Legal Acceptance Clause

By Proceeding To Access This Website, You Are Agreeing To Knowledge Of The Following:

Under existing securities legislation, we are not allowed to deal with members of the general public and only allowed to deal with the following classes of investors:

Securities And Futures Act

Specific classes of investors

4A. —(1) Subject to subsection (2), unless the context otherwise requires —

  1. "accredited investor" means —

    1. an individual —

      1. whose net personal assets exceed in value $2 million (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount; or


      2. whose income in the preceding 12 months is not less than $300,000 (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount;


    2. a corporation with net assets exceeding $10 million in value (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe, in place of the first amount, as determined by —

      1. the most recent audited balance-sheet of the corporation; or


      2. where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance-sheet, which date shall be within the preceding 12 months;


    3. the trustee of such trust as the Authority may prescribe, when acting in that capacity; or


    4. such other person as the Authority may prescribe;

  2. "expert investor" means —

    1. a person whose business involves the acquisition and disposal, or the holding, of capital markets products, whether as principal or agent;


    2. the trustee of such trust as the Authority may prescribe, when acting in that capacity; or


    3. such other person as the Authority may prescribe;

  3. "institutional investor" means —

    1. a bank that is licensed under the Banking Act (Cap. 19);


    2. a merchant bank that is approved as a financial institution under section 28 of the Monetary Authority of Singapore Act (Cap. 186);


    3. a finance company that is licensed under the Finance Companies Act (Cap. 108);


    4. a company or society registered under the Insurance Act (Cap. 142) as an insurer;


    5. a company registered under the Trust Companies Act (Cap. 336);


    6. the Government;


    7. a statutory body established under any Act;


    8. a pension fund or collective investment scheme;


    9. the holder of a capital markets services licence for —

      1. dealing in securities;


      2. fund management;


      3. providing custodial services for securities;


      4. securities financing; or


      5. trading in futures contracts;

    10. a person (other than an individual) who carries on the business of dealing in bonds with accredited investors or expert investors;


    11. the trustee of such trust as the Authority may prescribe, when acting in that capacity; or


    12. such other person as the Authority may prescribe.

* Please Note: Arka Projects Does Not Possess CMS Corporate Finance Licence To Lead Manage IPOs. As IPO Consultants / Transaction Treasury Manager, Arka Projects Will Value Add In The Pre-IPO Process And Help Clients Source For IPO Lead Management Houses.