OTC Capital (“OTC”) is currently Singapore’s only market making trading platform for shares of unlisted Singapore public companies. It helps companies with a viable business and good growth prospects to raise not more than SGD5m ( in aggregate) within any 12-month period in a relatively cost-effective manner; and allows the trading of UNLISTED securities amongst OTC investors who are registered with Phillip Securities Pte Ltd (“Phillip Securities” or “PSPL”).

Important Information to Note

1. The information provided in this website is for general information only. It does not constitute a solicitation or offer or a recommendation to purchase or sell the product mentioned. The information provided herein does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information. OTC is not an approved exchange or a market and PSPL is not a recognized market operator market within the meaning of section 6 of the Securities and Futures Act ("SFA"). Investors should consider carefully if investments in unlisted securities are suitable in light of their investment objectives, financial means and risk profiles. You are advised to read carefully and understand the OTC Trading Rules from www.otccapital.com before undertaking transactions.
   
   You may wish to seek advice from a professional before making a commitment to purchase any of the products. In the event you choose not to do so, you should consider whether the product is suitable for you.
   The information provided in this website may contain optimistic statements regarding future performance of companies. You should complete the pre-qualification assessment to determine if the product is suitable for you before you decide to invest.
   
   
2. Offers under OTC are made in reliance on the exemption under section 272A (8)(C)of the SFA and are not made in or accompanied by a prospectus that is registered by MAS. Statutory liability relating to contents of prospectuses does not apply. The companies whose securities are quoted on OTC Capital are generally subject to less stringent requirements or different standards of entry requirements and corporate governance relative to those in stock exchanges like SGX. For example, there is no mandatory requirement for applicant companies to demonstrate a profitable track record when seeking admission to OTC Capital; no requirement for independent directors or audit committees. The companies quoted on OTC Capital may be young; have a viable business and good growth prospects; may exhibit potential to grow and the management usually have vested interest in the company as shareholders.
   
   
3. By investing in securities quoted on OTC, the securities to which the offer relates shall not be subsequently sold to any person, unless the offer resulting in such subsequent sale is made
   1. in compliance with PART XIII Subdivision (2) and (3) of the SFA;
   2. in reliance on section 272A (8) (c) or any other exemption under any provision of Subdivision (4) of the SFA;
   3. where at least 6 months have elapsed from the date the securities were acquired under the initial offer, in reliance on the exemption under section 272A (1) of the SFA

Pursuant to the exemption from section 272A(8)(C)(iii) of SFA, the investor is not required to provide a statement in writing under section 272A(8)(C)(iii)(A) and the notification in writing under section 272A(8)(C)(iii)(B) of the Securities and Futures Act where the OTC securities are sold back to the market maker.