Document background
The Preliminary Investment Memorandum is a crucial document in Singapore's investment landscape, typically used during the early stages of fundraising activities. It serves as a detailed presentation of an investment opportunity, providing potential investors with essential information about the business, market opportunity, and proposed investment terms. Under Singapore law, this document must comply with specific regulatory requirements, particularly those set by the Monetary Authority of Singapore and the Securities and Futures Act. While not as formal as a final prospectus, the Preliminary Investment Memorandum must still maintain accuracy and completeness in its disclosures to avoid potential liability under Singapore's securities laws.
