IFS Capital

Finance

PhillipCapital launches personal accident insurance underwritten by ECICS Insurance

"Insurance protection is a key component in wealth planning."

Deals, joint ventures & alliances

IFS Capital forms JV with HK-listed Tat Hong to provide tower crane financing solutions in China

The joint venture will allow IFS Capital to establish a beachhead in China to offer its suite of financing solutions.
Supply chains, still disrupted - THE EDGE SINGAPORE

Disruption and Digitalisation

Supply chains, still disrupted

One year on, supply chains around the world are still disrupted despite talk of 'supply chain resiliency' Why is this so?
IFS Capital partners with PrimeRevenue to provide supply chain financing solutions in Southeast Asia - THE EDGE SINGAPORE

Deals, joint ventures & alliances

IFS Capital partners with PrimeRevenue to provide supply chain financing solutions in Southeast Asia

IFS Capital intends to leverage PrimeRevenue's technology platform to support supply chain financing programs.

IFS Capital chairman Lim raises stake; director Zee of JEP on a buying spree

This is also the first time in more than two years that Lim has increased his stake. According to the company’s filings, Lim’s last purchase of 445,000 shares at 24 cents each was made on Dec 4, 2017.

Broker's Calls

Turnaround taking shape for IFS Capital as lending business picks up

SINGAPORE (Oct 17): KGI Securities is initiating coverage on IFS Capital with a “buy” recommendation and a target price of 29 cents.

Results

IFS Capital's 1Q earnings surge eightfold to $0.8 mil on lower allowances and impairments

SINGAPORE (Aug 14): IFS Capital has posted earnings of $0.8 million for 2Q18, representing an eightfold surge from its 2Q17 earnings of $0.1 million on lower allowances

In print this week

How the trade war has impacted our portfolio this year

SINGAPORE (Aug 10): The trade war has become a reality as the US and China have imposed 25% tariffs on each other’s products worth US$34 billion ($46.4 billion) each.

Broker's Calls

IFS Capital poised to gain from growing pool of cash-strapped SMEs: CIMB

SINGAPORE (Apr 5): CIMB likes IFS Capital, a financing institution catering mainly to small- and medium-sized enterprises (SMEs), given its opportunity to tap on a growing pool of SMEs with financing issues.

Results

IFS Capital swings back to the black in FY17 on higher sales, lower impairment

SINGAPORE (Feb 23): IFS Capital, the finance company and insurer for SMEs, reported earnings of $2 million in FY17 compared to a loss of $2.6 million in FY16.
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