SBS Corporate Services Corp (BSC) to be sold to Hong Kong company

Business Insider reports that SBS Corporation is about to sell its corporate services subsidiary, Fenlex Corporation, to a Hong Kong-based company.According to Bloomberg, SBS is “planning to sell Fenlex to a Singapore company” that would “purchase the company for about $100 million.”The Hong Kong Stock Exchange (HKSE) did not immediately respond to a request for […]

Why do you need a trade service corporation?

Trade service corporations are the companies that provide services to customers that are not regulated under the Companies Act.They are often used by small businesses to help with accounting and financial reporting, as well as providing other services.They are usually small businesses, such as a baker or a home improvement store, that can’t meet the […]

How to get more out of your life

A new financial service provider called Abacus has been selling its financial services to individuals.It launched a program last year that lets people make deposits online for $25 per day, with a $5 fee per day and no minimum deposit.The fee is waived if you are a qualifying person, and is waived for those who […]

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