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 investors4A. —(1) Subject to subsection (2), unless the context otherwise requires —
- "accredited investor" means —
- an individual —
- 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
- 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;
- 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 —
- the most recent audited balance-sheet of the corporation; or
- 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;
- the trustee of such trust as the Authority may prescribe, when acting in that capacity; or
- such other person as the Authority may prescribe;
- an individual —
- "expert investor" means —
- a person whose business involves the acquisition and disposal, or the holding, of capital markets products, whether as principal or agent;
- the trustee of such trust as the Authority may prescribe, when acting in that capacity; or
- such other person as the Authority may prescribe;
- "institutional investor" means —
- a bank that is licensed under the Banking Act (Cap. 19);
- a merchant bank that is approved as a financial institution under section 28 of the Monetary Authority of Singapore Act (Cap. 186);
- a finance company that is licensed under the Finance Companies Act (Cap. 108);
- a company or society registered under the Insurance Act (Cap. 142) as an insurer;
- a company registered under the Trust Companies Act (Cap. 336);
- the Government;
- a statutory body established under any Act;
- a pension fund or collective investment scheme;
- the holder of a capital markets services licence for —
- dealing in securities;
- fund management;
- providing custodial services for securities;
- securities financing; or
- trading in futures contracts;
- a person (other than an individual) who carries on the business of dealing in bonds with accredited investors or expert investors;
- the trustee of such trust as the Authority may prescribe, when acting in that capacity; or
- 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.