P
Pikostart
Guest
What is the name of your state? (Singapore)
Anyone can advise on the legal implications of such a new business model?
I'm setting up a pte ltd company.
Investor will sign contract with my company to part-take in "Project Fund A". For example, 5 investor x S$5,000.00 = S$25,000.00.
The company will invest in stocks & shares in Singapore stock exchange via the company's account, using this "Project Fund A- S$25,000.00".
Similar funds "B" & "C" will be set up & invested seperately. Profits & losses will be isolated to each individual funds.
Only a 20% administrative fees will be charged to "Profits" only.
Note: The company will be only be trading via a "securities firm". It is NOT registered as a "Trading company" or "securities firm".
Any legal implications????? or infringement on any Industry Acts/Laws???
Anyone can advise on the legal implications of such a new business model?
I'm setting up a pte ltd company.
Investor will sign contract with my company to part-take in "Project Fund A". For example, 5 investor x S$5,000.00 = S$25,000.00.
The company will invest in stocks & shares in Singapore stock exchange via the company's account, using this "Project Fund A- S$25,000.00".
Similar funds "B" & "C" will be set up & invested seperately. Profits & losses will be isolated to each individual funds.
Only a 20% administrative fees will be charged to "Profits" only.
Note: The company will be only be trading via a "securities firm". It is NOT registered as a "Trading company" or "securities firm".
Any legal implications????? or infringement on any Industry Acts/Laws???