Duane Morris & Selvam Advises on Capri Global Capital Limited’s Sale of US$180 Million of Equity Shares in a Rights Issue

SINGAPORE, 11 April 2023 — Duane Morris & Selvam LLP acted as the international counsel to ICICI Securities Limited in its capacity as the lead manager on Capri Global Capital Limited’s recent sale of Rs. 14,400 million (US$180 million) of equity shares in a rights issue, including an offer to qualified institutional buyers in the United States. Capri Global Capital Limited is a nonbanking financial company (NBFC) in India that primarily caters to MSMEs, self-employed nonprofessionals and first-time borrowers that lack access to formal credit channels.

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Duane Morris & Selvam Advises on Two of the India Business Law Journal’s Deals of the Year 2022

SINGAPORE, 25 March 2023―Duane Morris & Selvam LLP advised on two of the India Business Law Journal’s Deals of the Year 2022: Life Insurance Corporation of India’s (LIC) initial public offering, which is the largest IPO ever in India, and DreamFolks Limited’s IPO. Continue reading “Duane Morris & Selvam Advises on Two of the India Business Law Journal’s Deals of the Year 2022”

解读新加坡更新版全球投资者计划(GIP)

新加坡的全球投资者计划(以下简称“GIP”)是由新加坡经济发展局(以下简称“EDB”)推出的一项永久居留权计划,旨在鼓励高净值个人和企业家在新加坡进行投资。该计划为有愿意投资大量资金的合格申请人提供了获得新加坡永久居留权的快速路径。

在EDB最近的一份公告中,该计划将在今年3月发生一些变化。此次调整是为了更好地筛选并吸引有能力为新加坡带来重大经济影响的投资者,同时使他们在新加坡扎根。希望高净值外国投资能更积极地参与到新加坡的经济活动中,共同推动当地的经济增长。

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New and Enhanced Global Investor Programme in Singapore

The Global Investor Programme (“GIP”) is a permanent residency scheme that was launched by the Economic Development Board (“EDB”) in Singapore to encourage high-net-worth individuals and entrepreneurs to invest in the country. The scheme provides a fast track to permanent residency for eligible applicants who are willing to invest a significant amount of money.

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SGX RegCo Updates – Enhancements to Disclosures on Directors’ Remuneration and Cap on Independent Directors’ Tenure

By Leon Yee and Jennifer Lo

On 11 January 2023, the Singapore Exchange Regulation (“SGX RegCo”) announced the requirement to disclose remuneration details of directors and chief executive officers (“CEOs”) and the imposition of a limit on the tenure of independent directors (“IDs”).

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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