Singapore Exchange · Industrials
Invest in Prospera Global stock from India
Indian and foreign residents can buy Prospera Global (5HH) shares directly through Paasa.
By Paasa · Updated
Prospera Global at a glance
- Price
- S$0.02+S$0.00 (0.00%)
- Market cap
- S$13.25M
- Day range
- S$0.02 – S$0.02
- P/E
- —
- Dividend yield
- None
- Volume
- 2.05M
- 1 month
- -30.43%
- 6 months
- -46.67%
- YTD
- -70.91%
- 1 year
- -69.81%
- 5 years
- -80.95%
How to invest in Prospera Global from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search 5HH and buy
Find Prospera Global by name or by its ticker, 5HH, and place your order.
Why invest in Prospera Global from India
What Prospera Global does
Prospera Global Limited, an investment holding company, provides financial and operational support services to institutional clients in Singapore and Mauritius. It is involved in the securities and trading services through electronic trading platforms; and a range of financial and operational support services across various asset classes, including equities, fixed income, and OTC derivatives. Prospera Global operates in the Industrial - Machinery industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Prospera Global stock from India?
Yes. Indian residents and NRIs can buy Prospera Global (5HH) shares directly through Paasa. Prospera Global is listed on the Singapore Exchange, in the Industrial - Machinery industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Prospera Global dividends taxed for Indian investors?
Prospera Global does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Prospera Global shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Prospera Global shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.