Investment Highlights

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

   SGD’000SGD’000	FY 2019	FY 2020	FY 2021
   Total Cash	33,184	55,355	22,921
   Total Interest Bearing Debt	7,638	14,044	12,698
   Net Cash	25,546	41,311	10,223

   
   
3. Low Long-Term Debt Gearing
   
   Through effective capital management and financial prudence, the Group's financial long term indebtedness position has remained low over the last 3 years.
   
   

   SGD’000SGD’000	FY 2019	FY 2020	FY 2021
   Total Interest Bearing Long-Term Debt	751	880	807
   Total Equity	68,558	56,892	56,090
   Leverage Ratio	1.1%	1.5%	1.4%

   
   
4. Strong Heritage / Brand
   
   The Company has established a strong heritage-brand and reputation amongst partners and businesses in the region.