V basic question: debentures= guaranteed placement rights at Tanglin?

[caramelgirl]

Hi,
I am just trying to get my head around Tanglin's SPR and GPR.
They are held by companies? Single use or can they use for several employees?
Any experience of applying with SPR or GPR after stated deadlines of 1st April or 1st October?
Thanks very much

Companies or individuals can buy them. They last for a period of time (7 years?) and once used a GPR converts into an SPR for another child. A GPR guarantees you a place (after the children of teachers/employees), and an SPR pushes you up the wait list (but you still rank below employees and GPR holders).

Thank you, that pretty much confirms what I had dragged out from their info (far far less clear than your summary).