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Qualifying Certificate Bond

ABC Development Ltd, a listed company in Singapore, bought a private residential land in Singapore for $100 million. Singapore Land Authority requires them to provide a guarantee of $10 million to ensure that the properties developed will be sold within 5 years. ABC Development Ltd can then purchase a Qualifying Certificate Bond to be issued to SLA, thus not utilizing ABC Development Ltd’s bank facilities.

  • Property Developers
    • Latest ACRA
    • Latest Audited Financials
    • Track Record

Name : Hellen Sim
Email : hellensim@awginsurance.com
Contact : 6922 7268