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