Privacy Policy

Progress Asia Capital & Advisors Pte. Ltd. (“Progress”) takes seriously its responsibilities under Singapore’s Personal Data Protection Act 2012 (the “PDPA”) and under the legislation of the other relevant jurisdictions. We recognize the importance of personal data entrusted to us; it is our responsibility to manage, protect and process personal data properly.

The PDPA applies to activities involving personal data in Singapore. Where personal data is collected overseas and subsequently transferred into Singapore, the PDPA will apply in respect of the activities involving the personal data in Singapore. Personal data collected outside Singapore may be subject to the data protection laws of the jurisdiction in which it was collected, if any, and all collection carried out by the Progress shall be in accordance with applicable laws.

The PDPA is intended to be the baseline law which operates as part of Singapore law. It does not supersede existing statutes, such as the Security and Futures Act and the Financial Advisers Act, but will work in conjunction with them and the common law. To the extent that any PDPA provisions on data collection, protection, use and disclosure is inconsistent with the provisions of other written laws, note that the provisions of the other written law shall prevail.

Personal data

Refers to data, whether true or not, about a natural person who can be identified from that data, or from that data and other information to which we have or are likely to have access. The data may be in electronic or non-electronic form.

Examples (non-exhaustive) of such personal data include:

  • Name
  • NRIC, FIN, passport or other identification numbers;
  • Mobile, residential or other contact numbers;
  • Residential address;
  • Email address;
  • Cookies/IP addresses; etc.

Business contact information is not subject to the rules on data protection, collection, use and disclosure. Business contact information means an individual’s name, position name or title, business telephone number, business address, business electronic mail address or business fax number and any other similar information about the individual, not provided by the individual solely for his/her personal purposes.