Document background
The Security Purchase Agreement is a crucial document used in Singapore for facilitating the transfer of securities between parties. It's commonly employed in various scenarios including private equity investments, venture capital funding rounds, and corporate restructuring. The agreement must comply with Singapore's regulatory framework, particularly the Securities and Futures Act, and typically includes detailed provisions on purchase price, payment terms, representations and warranties, conditions precedent, and closing mechanics. This document is essential for ensuring legal certainty and protecting both buyers' and sellers' interests in securities transactions within Singapore's jurisdiction.
