Document background
A Letter Of Intent To Purchase Shares is typically used in the early stages of share acquisition negotiations in Singapore. It serves as a formal expression of interest and outlines the fundamental terms of the proposed transaction. This document is particularly important in Singapore's business environment, where it helps establish clear communication and understanding between parties before proceeding with detailed due diligence and definitive agreements. While mostly non-binding, it often includes binding provisions regarding confidentiality and exclusivity. The document typically precedes more detailed share purchase agreements and is crucial for setting expectations and timeline for the transaction.
