Important Notice

Heritage Capital Management Pte Ltd was incorporated as a boutique fund management under Regulation 41(1)(e) of the Securities Industry Regulations ["SIR"]. In accordance to the regulation, a company may operate an investment advisory business in Singapore without holding an investment adviser's licence under the Securities Industry Act (Cap 289) ["SI Act"] if it confined its investment advisory business to not more than 30 accredited investors. An accredited investor is defined in the SIR as an individual with net personal assets exceeding S$5 million or its equivalent in foreign currencies or a corporation with net assets exceeding $S10 million in value or its equivalent
in foreign currencies as determined in accordance
with the most recent audited balance sheet of the corporation.


Asian Recovery Fund Offering Memorandum

The document is distributed on a confidential basis. No person receiving a copy of this document in any territory may treat the same as constituting an invitation to him, unless in the relevant territory such an invitation could lawfully be made to him without compliance with any registration or other legal requirements or where such registration or other legal requirements have been complied with.

You may write or email your request to the stated contact details to view the offering memorandum for information purposes only.




Heritage Capital Management Pte Ltd
15 Scotts Road #09-01 Thong Teck Building Singapore 228218
Tel: (65) 6733 1922 Fax: (65) 6733 0550
For further enquiries, you may email your queries to info@hcm.com.sg