CE authorises establishment of new international financial leasing company

Chief Executive Ho Iat Seng has issued an executive order authorising the establishment of Aoxiang International Financial Leasing Co., Limited.

The company is permitted to engage exclusively in business activities related to financial leasing.

The company is permitted to engage exclusively in business activities related to financial leasing.

A financial leasing company specialises in the acquisition and transfer of goods, management of leased assets, foreign currency transactions, interest rate swaps, and currency exchanges essential for commercial operations.