Designed to assist aspiring Singapore-based companies who wish to acquire those target enterprises with the intent of internalisation. Acquisition must in line to the core line of business for the company. It will be enhanced for 4 years, from 1 April 2022 to 31 March 2026, to include domestic activities.
Eligibility
- Be a business entity that is registered and physically present in Singapore, and
- At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership, and
- Maximum Borrower Group revenue cap of S$500 million for all companies.