Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The company is currently not actively trading and offers a clean and straightforward structure for an entrepreneur or business owner looking for an established Singapore corporate entity with a longer operating history.
Key Highlights
Incorporated in Singapore in 2017
Approximately 9 years of corporate history
100% shareholding available for transfer
Single shareholder and straightforward ownership structure
No outstanding business debts or liabilities
No GST registration
Annual Returns have been properly filed
Corporate tax filings have been properly maintained
Existing DBS corporate bank account
Latest reported NAV approximately S$400
No employees
No ongoing business operations
No known litigation or disputes
Registered Business Activities
Primary SSIC: 47539
Retail sale of electrical household appliances, furniture, lighting equipment and other household articles n.e.c.
Secondary SSIC: 46900
Wholesale trade of a variety of goods without any particular specialization.
The existing business activities may be suitable for buyers involved in retail, lighting, electrical household products, furniture, general trading or wholesale businesses, subject to the buyer's own business requirements and any applicable regulatory approvals.
Ideal For
This company may be suitable for:
Entrepreneurs looking for an established Singapore company
Existing businesses expanding into Singapore
Retail or trading businesses
Lighting, electrical or household product businesses
Entrepreneurs who value an established corporate history rather than incorporating a new entity
The sale will be structured as a share transfer, subject to satisfactory due diligence and mutually agreed terms.
The company is being offered on an “as-is” basis, with full and transparent disclosure available to a serious buyer during due diligence.
Asking Price: S$9,800
Reasonable offers from serious buyers will be considered.
Interested parties are welcome to contact the seller for further information and to arrange a confidential discussion.
Serious enquiries only. NDA and buyer due diligence may be required before disclosure of company-identifying information.
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