Business Summary

1) Company A - Singapore MPI Licence ($3.5 Million in SGD)
- Cross-Border Money Transfer Service & Money-Changing Service
- 3 Outlets in Singapore
- need a Singapore shareholder to operate

2) Company B - Located in Hong Kong ($250,000 in SGD)
- Only selling the Licence
- No company Bank account.
- Buyer can use the new director and shareholder personal bank accounts.
- HongKong customs allows all Remittance companies to use their own shareholders and directors personal bank accounts to operate the remittance business.
- New Director is a must to take a test to qualify as a director.

3) Company C - Singapore MPI Licence ($2.5 Million in SGD)
- Incorporated in 2006
- Only Remittance
- Have 1 outlet : 2 full-time counter staff, 1 part-time staff and 1 branch manager

4) Company D - Malaysia Company ($7.3 Million in Malaysian Ringgit)
- The Malaysia license is Money transfer via branch only.
- Category: B
- With 8 outlets in Malaysia.

Please contact us for more details.

Property Details