Private Company Investment

[lordfa9]

I recently got a few lobangs to invest in private companies, they are not listed on SGX

How do I do my due diligence? I can ask for financial statements but cannot send my own auditors/accountants to double check

 

[limster]

I recently got a few lobangs to invest in private companies, they are not listed on SGX

How do I do my due diligence? I can ask for financial statements but cannot send my own auditors/accountants to double check

You have your own auditors and accountants, why not ask them? I think they are more expert in due diligence than anonymous people in internet forum

 

[lordfa9]

I was hoping to make some connections with people who have done the same thing

 

[existential_reality]

You basically be doing everything an auditor would to confirm the accuracy of the financial statement, detailed check of the financial statements asking for their bank statements, ownership of assets paperwork etc.

I recently got a few lobangs to invest in private companies, they are not listed on SGX

How do I do my due diligence? I can ask for financial statements but cannot send my own auditors/accountants to double check