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Regarding Option 3 of the CDR, will an investment into a Limited Partnership (“LP”) fund qualify?
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Regarding Option 4 of the CDR, how do you define: (i) operating companies and (ii) substantive presence in Singapore? (a) Does it count if the section 13O/13U fund invests into a foreign holding company that holds a non-listed Singapore-incorporated company with operating business(es) and with substantive presence in Singapore? (b) Would an investment into a Singapore holding/joint venture company which owns a wholly-owned Singapore subsidiary count?
1
Regarding Option 3 of the CDR, what does “distributed by” mean?
Regarding Option 3 of the CDR, will an investment into a fund distributed by a global fund management company count if the global fund management company has a related licensed financial institution in Singapore?
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