Document background
The Share Purchase Agreement (SPA) is a fundamental document used in corporate acquisitions and investments in Singapore. It serves as the primary transaction document when acquiring shares in a company, whether for a complete or partial acquisition. The agreement details crucial elements such as purchase price, payment structure, warranties about the business and shares, and completion requirements. Under Singapore law, the SPA must comply with various regulatory requirements, including those under the Companies Act 1967 and, where applicable, the Securities and Futures Act. The document is particularly important as it allocates risk between parties and provides protection mechanisms for both buyer and seller.
