PDPA Policy

Last Updated: 12 December 2024

Sabco® Investment Pte Ltd ("Sabco® Investment", "we", "us", or "our") respects your privacy and is committed to protecting your personal data. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal data in accordance with the Personal Data Protection Act 2012 of Singapore ("PDPA").

1. Personal Data We Collect

We may collect and process the following categories of personal data:

• Full name, identification number (e.g., NRIC, FIN, passport or equivalent for international clients), and contact information (address, email, phone number);
• Financial information such as bank account details, income sources, investment preferences, and risk profile;
• Employment details, business contact information, and professional qualifications;
• Usage data (e.g., website interactions, cookies, IP address);
• Any other information voluntarily provided by you in the course of communication or services rendered.

2. Purpose of Data Collection

We collect and use your personal data for the following purposes:

• To verify your identity and assess your suitability for our investment products or services;
• To manage and administer your relationship with Sabco® Investment;
• To comply with legal, regulatory, and compliance requirements, including AML/CFT obligations;
• To conduct market research, customer profiling, statistical and analytical activities;
• To respond to your inquiries, requests, or feedback;
• To send marketing and promotional materials with your consent;
• To improve our services, websites, and internal processes.

3. Disclosure of Personal Data

We may disclose your personal data to the following categories of third parties:

• Regulatory authorities, government agencies, and law enforcement;
• Our service providers, such as IT vendors, payment processors, compliance consultants, or auditors;
• Banks, custodians, brokers, and other intermediaries involved in your investment transactions;
• Affiliates, subsidiaries, and strategic partners for legitimate business purposes;
• Any other parties with your consent or as permitted by law.

4. Consent and Withdrawal

By providing your personal data to Sabco® Investment, you consent to our collection, use, and disclosure of your personal data in accordance with this Privacy Policy.

You may withdraw your consent at any time by contacting our Data Protection Officer (DPO), subject to applicable legal or contractual restrictions. Upon withdrawal, we may be unable to continue providing you with certain services.

5. Access and Correction

You have the right to request access to or correction of your personal data held by us. All requests must be made in writing to our DPO and may be subject to a reasonable administrative fee.

6. Protection of Personal Data

We implement appropriate administrative, technical, and physical safeguards to protect your personal data against loss, misuse, unauthorised access, disclosure, alteration, or destruction.

7. Retention of Data

We will retain your personal data only for as long as necessary to fulfil the purpose for which it was collected, or as required or permitted by applicable laws and regulations.

8. Transfer of Data Outside Singapore

In certain circumstances, your personal data may be transferred to countries outside Singapore. We will ensure that such transfers comply with the PDPA and that appropriate data protection measures are in place.

9. Use of Cookies

Our website may use cookies to enhance your browsing experience. You may configure your browser to disable cookies, but this may affect your ability to use certain features on our website.

10. Updates to this Policy

We may amend this Privacy Policy from time to time. The updated version will be posted on our website with the effective date indicated. Your continued use of our services constitutes your acceptance of the revised policy.

11. Contact Us

If you have any questions about this Privacy Policy or wish to exercise your rights, please contact our Data Protection Officer:

Data Protection Officer
Sabco® Investment Pte Ltd
Email: [email protected]
Address: 1 Coleman Street, #07-02b, The Adelphi, Singapore, 179803, Singapore.

This Privacy Policy is governed by the laws of Singapore.