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Regarding Option 2 of the CDR, will an investment into a limited partnership (“LP”) fund qualify?
Regarding Option 2 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 entity in Singapore?
Regarding Option 3 of the CDR, a) What are the definitions of: (i) operating companies and (ii) substantive presence in Singapore? b) Does it count if the S13O/OA/U SFO 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? c) Would an investment into a Singapore holding / joint venture company which owns a wholly-owned Singapore subsidiary count?
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