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ArrayQn[0] = 'What is Share Financing?'
ArrayAns[0] = 'Share Financing or share loans are loans secured against a collateral of shares. Share Financing enables the investor to tap on the value of his shares for funds without having to sell them. These funds may be used to purchase more shares or for other investments.'


ArrayQn[1] = 'Which are the shares that are acceptable to Hong Leong Finance Limited for financing?'
ArrayAns[1] = 'A wide and comprehensive range of securities quoted and listed on the SGX-ST are acceptable to us for financing. Please contact any of our relationship managers to enquire on this list of acceptable counters.'


ArrayQn[2] = 'What are the Types of Share Financing available at Hong Leong Finance Limited?'
ArrayAns[2] = '<a href="../personal/loans/shareloan_cplus.html" class="contentsmall">Credit Plus Facility</a> - This is a revolving line of credit facility that enables you to pledge your shares as collateral for the flexibility to withdraw cash and/or invest in the stock market. Interest is charged only on the amount drawn. Investors who trade actively in the stock market have found this facility useful in boosting their investment power.<p><a href="../personal/loans/shareloan_esl.html" class="contentsmall">Express Share Loan</a> - This is a renewable short term loan that allows you to borrow as little as $2,000, against the value of your shares, for 1, 2 or 3 months.'


ArrayQn[3] = 'What is the margin of finance?'
ArrayAns[3] = 'Up to 70% of the market value of the securities or our maximum price, whichever is the lower.'


var tempVar = 'It'
tempVar += "'s simple!<ul><li>Pledge/mortgage your shares in your CDP account to us or place an initial sum to kick-start the account</li><li>Give your trade orders (buy or sell) to your stockbroker</li><li>When the trade is done, notify us accordingly</li><li>We will make payment for your purchases to and/or received sale proceeds from your stockbroker on the due date</li><li>The sales proceeds received will be used to repay or reduce your loan in the account and hence reduce the interest payable on the loan</li></ul>"

ArrayQn[4] = 'How do I make use of the Credit Plus Facility to trade in shares?'
ArrayAns[4] = tempVar


ArrayQn[5] = 'How do I pledge my shares in my CDP account to Hong Leong Finance Limited and will I continue to receive entitlements such as dividends?'
ArrayAns[5] = 'Upon setting up a Share Financing account with us, you will sign a form called "Request for Transfer of Securities", commonly known as a CDP transfer form to transfer the shares from your CDP account to a sub-account with our nominee company.<p>This sub-account will be in your name. Our nominee company will receive entitlements such as dividends, bonus and rights entitlements on your behalf and notify you of the entitlements received accordingly. Where applicable, our nominee company will seek your instructions on the handling of entitlements such as rights issues, takeover offers, etc.'


ArrayQn[6] = 'Do I need to show any proof of income?'
ArrayAns[6] = 'Yes. For salaried employees, please provide your latest income assessment, pay-slip or letter from your employer. For the self-employed, please furnish your portfolio of shares or any other evidence of income.'

 
ArrayQn[7] = 'How do I apply?'
ArrayAns[7] = 'Please: <br><ul><li><a href="../infocentre/index.html#appnform" class="contentsmall">Apply online</a> via our website or</li><li>Call 1800-3388 338 or</li><li>Visit our <a href="../branch/index.html" class="contentsmall">branches</a> to apply</li></ul>'


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