Regulations for Offers of Securities (prospectus requirements)

Are certain offers of securities exempted from prospectus requirements?

• According to MAS (Pages)

  Prospectus registration requirements do not apply to certain offers of securities or securities-based derivatives contracts (“exempted offers ”). These offers include:

  • Offers where the minimum transaction amount is S$200,000
  • Small Offers – Total amount raised is S$5 million or less in 12 months
  • Private Placement – Offers made to no more than 50 persons in 12 months
  • Offers targeted at accredited or institutional investors