The full 100% of the shares of SG Capital Co., Ltd. (SGC) is held by Singer Thailand Pcl., SGC started its operations on June 27, 2012 under the name of Singer Leasng (Thailand) Co., Ltd., with a registered and fully paid up capital of Baht 1,450 million and with its registered office at 72 CAT Telecom Tower, Floor 17, Charoen Krung Road, Bangrak, Bangkok, through the transfer of the hirepurchase loans business together with all the associated loans receivables portfolio assets from Singer Thailand Pcl., so as to then operate the hire-purchase loans business thereafter. As such, this complete transfer of the hire-purchase loans business was approved by a resolution of the Boad of Directors of Singer Thailand Pcl., at the Board Meeting held on November 26, 2012; whereby SGC was to undertake the hire-purchase loans services for various home appliances sold under the SINGER brand. SGC was also assigned to expand its loans services for other home appliances brands together with other loan products to be offered to existing Singer Thailand and also non-Singer Thailand customers in the future, so as to grow its business on a sustainable basis.
On July 25, 2016, the Company’s Board of Directors approved a resolution to change the company’s name from Singer Leasing (Thailand) Co., Ltd., to be Singer Capital Co., Ltd., (SGC); whereby only the name of the corporate entity was changed. So as to acquire only quality customers with positive credit worthiness, SGC became a full member of the National Credit Bureau Co. Ltd. on January 23, 2013; whereby members can undertake a full credit check of individual persons or corporate entities.
Business License No.0105504001951, with a total registered capital of Baht 5 million and its registered offices at 8, Moo 4, Samkok -Sena Road, Bangnomkho, Amphur Sena, Pranakon Si Ayutthaya Province 13110, operates after sales services for the installation, repairs, and maintenance of all types and brands of electrical appliances together with selling the associated accessories or spare parts under the control of Singer Thailand Pcl. As such, the company aims to be a top-quality provider of after sales services just like your immediate neighborhood appliance repairman. The company changed its corporate name on July 25, 2016; whereby the company’s Board of Directors passed a resolution to change the company’s name from Singer Service Plus Co., Ltd., (SSPL) to be SG Service Co., Ltd., (SGS), through changing only the company’s name.
operates as an agent in the direct selling of both life and non-life insurance policies, through the network of those sales representatives of Singer Thailand PCL., and the Group, who have the applicable insurance brokerage license. The only activities relating to life insurance business involve following up on the payment of the applicable premiums on the current policies; whereby the insured party sends in the premiums payments directly to the Muang Thai Insurance Pcl. While for the non-life insurance business undertaken together with the non-life insurance business partners, involves those business partners developing new insurance products/ the appropriate insurance coverage terms and conditions that correspond to the premium payable for those group of customers who have placed their vehicles as collateral for loans from SG Capital Co., Ltd.