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Young leaders from Singapore business families set up S$5m fund for SMEs

It will be used to provide short-term working capital loans of up to 12 months for local enterprises impacted by Covid-19, with monies expected to target more than 100 SMEs

According to Goldbell's Mr Chua, the fund is an additional source of financing for SMEs in their time of need.


YOUNG leaders from six prominent business families in Singapore, which include Goldbell Group and Super Group founder's investment firm Apricot Capital, are behind a S$5 million fund to provide financing help for local enterprises hit by the impact from the virus outbreak....

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