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.

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