Starland Holdings Limited (the “Company”) has been listed on the Catalist Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) since 27 April 2012.
The main activities of the Group are:
1. Property Development
2. Financial Solutions Business
The Group engages in the development of quality integrated residential and commercial properties in the People’s Republic of China (“PRC”) and Singapore.
Financial Solutions Business
With the acquisition of 51% interest in Luminor Capital (Malaysia) Sdn Bhd (“Luminor Malaysia”) on 4 February 2020, the Group has diversified into Financial Solutions business.
Luminor Malaysia is a financial services holding company incorporated in Malaysia. The Luminor Malaysia Group of Companies and Associate have the following licenses and rights:
(a) License issued under MoneyLenders Act 1951 by the Malaysia Ministry of Housing and Local Government
(b) License issued under the Malaysia Capital Markets and Services Act 2007 by the Securities Commission Malaysia
(c) Rights granted under the Banking and Financial Institutions Act 1989 by Bank Negara Malaysia
(d) Approval to operate factoring business granted by Ministry of Finance Malaysia