Buying 30% of a Singapore startup: what shareholder rights and exit terms should I insist on?

Question

I’m investing in a local tech startup and the founders offered me 30% via a share subscription. They say no shareholders’ agreement is needed and we can rely on the constitution. What protections should I ask for around board seats, information rights, dilution, and an exit if they sell the company?

Regal Law LLC · Accepted Answer

Hi thanks for reaching out to us. You will need a Shareholders agreement to protect yourself. The constitution alone will not be sufficient for you to protect yourself.

Buying 30% of a Singapore startup: what shareholder rights and exit terms should I insist on?

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