Trade Sing Inv & Fin - S35sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.0132
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 1.5184
• 1-Year Change: N/A
• Day's Range: 1.5084 - 1.5284

Sing Inv & Fin Company profile

About Sing Investments & Finance Limited

Sing Investments & Finance Limited is a Singapore-based finance company. The Company’s principal activities are the acceptance of fixed and savings deposits from the public and the provision of loans and credit facilities to individuals and corporations, particularly the small and medium-sized enterprises (SMEs) in Singapore. The Company's products and services includes deposits, including business current account, fixed deposits, fixed deposits (FD) online, GoSavers account (online), GIRO saver account, conveyancing account and savings account; Personal Financing, including housing loan HDB, loan car loan, share loan and commercial property loan; Corporate/SME Financing, including commercial property loan, land and construction loan, machinery loan, government-backed SME loans, block discounting financing, floor stock financing, shipping loan, account receivables/invoice factoring and unsecured business loan; and Personal e-Services, including SIF Mobile application and SIF Online.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Sing Investments & Finance Limited interest income decreased 12% to SP$73.4M. Net interest income after loan loss provision increased 40% to SP$58M. Net income increased 60% to SP$31.4M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% increase of 24% to 2.1%. Net income benefited from (Allowances for) Write-back decrease of 85% to SP$837K (expense).

Equity composition

09/2005, Bonus Issue, 1 new share for every 10 shares held & Rights Issue, 2 new shares for every 5 shares held @ SGD 1.20. 04/2007, Rights Issue, 2 new shares for every 5 shares held @ SGD 1.1 (Factor: 1.176811).10/2012, Rights Issue, 1 new shares for every 2 shares held @ SGD 1.2.