Document background
A Board Resolution For Raising Funds is a crucial corporate document required under Singapore law when companies seek to obtain additional capital through various funding methods such as equity issuance, debt instruments, or convertible securities. The resolution demonstrates proper corporate governance and compliance with regulatory requirements, including the Companies Act and MAS guidelines. It typically includes details about the funding amount, method, terms, and authorizes specific individuals to execute the fundraising process. This document is particularly important for maintaining corporate records and providing evidence of proper authorization to external parties such as investors, banks, and regulatory authorities.
