SHUN FHO PTE LTD
was incorporated in republic of Singapore
in March 11th, 2015 .
Principal activities of SHUN FHO are;
Supported by SHUN FHO’s high financial credibility
with internationally noted financial institutions,
the following activities are focused on;
1. Investment of commercial properties largely in Asian region and west Asian countries
e.g. India, Bangladesh and Sri Lanka
2. Financial assistance
e.g. transfer of documentary letter of credit under assignment agreement
3. Arranging for sale and purchase of mainly Liquified Natural / Petroleum Gas products
4. Other related business with the above
●In April 16th2020,
SHUN FHO signed mutual undertaking agreement with a company who are proceeding sales and purchase of Liquified Petroleum Gas.
A company has a problem on a way with their receiving documentary letter of credit initially scheduled to transfer the purchase amount out of total receipt to the supplier. This kind of L/C transaction transferable cross the border shall usually take quite long time or to be refused. Unfortunately, this was happened with a company.
A company visited SHUN FHO and requested their assistance.
After several discussions, SHUN FHO agreed to provide their professional services extending to a company’s documentary letter of credit in Singapore to transfer it to their second beneficiary as requested.
SHUN FHO with their expertise is now completing this complexed international transaction with one of their financial institutions in Singapore.
Incidentally, the deal above mention is US$500m or more.
●Company Name
SHUN FHO PTE LTD.
●Officers and Authorized Representatives
Director:Hyun Koonsun
●Founded
March 11th, 2015
●Head office
50 Raffles place #19-62 Singapore Land Tower, Singapore
Website:https://shunfhosg.com
●Outline of LPG International Trading Business
SHUN FHO will sophisticate client’s business and projects with extremely GAS valuable intelligence and drastic future energy strategies for to secure sustainability of production and operation, building competitive advantag and driving bottom-line impact of client.
And we ensure fair returns to all our stakeholders.
●Target Business Scale Scope
Our LPG sales scope starts at 0.1% of the overseas energy market and aims at a maximum of about 0.5%.
●Our Goal of LPG International Trading Business
(1)Aim to become a "unicorn LPG venture in Singapore, Japan, Middle East, USA and Asia" in the "production, distribution, solution, consulting, and investment" business in the SDGs field such as energy and the global environment.
(2) Exporting LPG from Middle East or USA to Japan, Sri Lanka and Asia will be extremely beneficial to both national interests in the future.
Therefore, we aim to realize the best matching of international energy production and consumption centered on Middle East, Japan, USA and Asia.
(3) Aim to realize simultaneous provision of three benefits (Cost reduction, Securing high-quality energy, and Reduction of environmental load) to households in Japan and Asia, sole proprietors, taxi-bus industry, and LPG companies in the LPG business.
(4) Aim to achieve the above (1) to (3) in three years in order to make the people of the world will be happy by embodying the SDGs with sustainable growth.
After that, we will concentrate on investment by other clean energy business and consulting business in the SDGs / ESG field.
At the same time, through the establishment of a public interest incorporated foundation, we aim to establish a certain presence in Middle East, Singapore, Japan, the United States, and Asia as a social entrepreneurial unicorn.
●Our Uniqueness, Superiority, Differentiation
The uniqueness, superiority, differentiation, advantages and value of our team are the keys to our successful strategy
Examples of fusion of our international experience-rich knowledge