1. Share Price Trailing NAV

    The Company's share price is trading at a discount to NAV per share, reflecting value in the Company.



  2. Improving Financials

    The Group has reported a third consecutive year of growth in profit after tax, which reflect the effectiveness of our growth initiatives and focus on profitability.

    SGD’000 FY 2016 FY 2017 FY 2018
    Profit After Tax 786 2,078 2,521

  3. All Businesses Profitable

    All five existing businesses have reported positive earnings.

  4. Strengthening Net Cash

    The Group has stable net cash position and is well positioned to capitalise on attractive acquisitions.

    SGD'000 FY 2016 FY 2017 FY 2018
    Total Cash 44,103 30,674 40,586
    Total Interest Bearing Debts 28,062 10,365 9,597
    Net Cash 16,041 20,309 30,989

  5. Low Gearing

    Through effective capital management and financial prudence, the Group's financial indebtedness position has improved over the last 3 years.

    SGD'000 FY 2016 FY 2017 FY 2018
    Total Interest Bearing Debts 28,062 10,365 9,597
    Total Equity 66,605 64,594 68,482
    Leverage Ratio 42% 16% 14%

  6. Strong Heritage / Brand

    The Company has established a strong heritage-brand and reputation amongst partners and businesses in the region.