Definition of Accredited Investor:

Accredited Investor is defined in Section 4A(1)(a) of the Securities and Futures Act (SFA), Chapter 289.

Individual

1. Net Personal assets exceeding SGD 2 million (or equivalent in foreign currency). Or

2. Income in preceding 12 months of not less than SGD 300,000 (or equivalent in foreign currency).

• Net Personal Assets
  

The investor needs to submit one of the following documents as proof for his Net Personal Assets

(i) Property:

· Property title deed

· Property valuation report less than 6 months old from recognized valuers

(ii)  Owner’s Equity:

· Latest audited annual accounting report of the company (audit report by the Big Fours and/or recognized registered audit company in the country)

(iii) Personal Investment/Savings:

· Latest investment portfolio statement (as at market value)

· Latest bank statement

• Annual Income
  

The investor needs to submit one of the following documents as proof for his Net Annual Income

(i) For Singapore Citizen and Permanent Residents

· Copy of pay slip (dated within 3 months) or

· Copy of bank statement with salary credit (dated within 3 months) or

· Copy of most recent income tax return or

· Original letter of employment stating position and income (issued by HR within 3 months)

(ii) For foreigners, in addition to the above documents

· A copy of employment pass and

· Passport