"Noah Holdings Singapore Pte Ltd" received the "Capital Markets Services License" (License No.: CMS100937) from the "Monetary Authority of Singapore" (MAS). This license, granted under Singapore's "Securities and Futures Act 2001" (SFA), allows Noah to engage in capital markets activities, particularly in securities and collective investment schemes (CIS). Additionally, Noah is recognized as an exempt financial advisor, offering advisory services related to investment products, including life insurance, and arranging life insurance (excluding reinsurance-related services).