Document background
The Preference Shares Investment Agreement is a crucial document used when a company seeks to raise capital by issuing preference shares to investors. Under Singapore law, this agreement outlines the specific rights attached to the preference shares, including dividend preferences, voting rights, and potential conversion features. It's particularly relevant for companies seeking growth capital while maintaining existing control structures, as preference shares often offer investors priority in dividends and liquidation proceeds without necessarily conferring voting control. The agreement must comply with Singapore's robust regulatory framework, particularly the Companies Act 1967 and related securities regulations.
