Announcement • Apr 11
BH Global Corporation Limited, Annual General Meeting, Apr 27, 2026 BH Global Corporation Limited, Annual General Meeting, Apr 27, 2026, at 15:00 Singapore Standard Time. Location: the boardroom, 8 penjuru lane, singapore 609189, Singapore Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: S$0.003 (vs S$0.009 in FY 2024) Full year 2025 results: EPS: S$0.003 (down from S$0.009 in FY 2024). Revenue: S$48.3m (down 20% from FY 2024). Net income: S$1.08m (down 60% from FY 2024). Profit margin: 2.2% (down from 4.4% in FY 2024). Reported Earnings • Aug 15
First half 2025 earnings released: EPS: S$0 (vs S$0.003 in 1H 2024) First half 2025 results: EPS: S$0 (down from S$0.003 in 1H 2024). Revenue: S$24.4m (down 17% from 1H 2024). Net loss: S$3.0k (down 100% from profit in 1H 2024). Profit margin: 0% (down from 3.2% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 16% per year. New Risk • Aug 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 524% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (S$36.3m market cap, or US$28.3m). Announcement • Aug 06
BH Global Corporation Limited to Report First Half, 2025 Results on Aug 12, 2025 BH Global Corporation Limited announced that they will report first half, 2025 results on Aug 12, 2025 Declared Dividend • May 02
Dividend reduced to S$0.005 Dividend of S$0.005 is 29% lower than last year. Ex-date: 21st May 2025 Payment date: 2nd June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (dividend approximately 23x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: S$0.009 (vs S$0.012 in FY 2023) Full year 2024 results: EPS: S$0.009 (down from S$0.012 in FY 2023). Revenue: S$60.4m (up 2.1% from FY 2023). Net income: S$2.69m (down 22% from FY 2023). Profit margin: 4.4% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year. Announcement • Apr 10
BH Global Corporation Limited, Annual General Meeting, Apr 24, 2025 BH Global Corporation Limited, Annual General Meeting, Apr 24, 2025, at 10:00 Singapore Standard Time. Location: boardroom, 8 penjuru lane, singapore 609189, Singapore New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (S$33.0m market cap, or US$24.5m). Buy Or Sell Opportunity • Aug 27
Now 40% undervalued after recent price drop Over the last 90 days, the stock has fallen 48% to S$0.081. The fair value is estimated to be S$0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 18
First half 2024 earnings released: EPS: S$0.003 (vs S$0.005 in 1H 2023) First half 2024 results: EPS: S$0.003 (down from S$0.005 in 1H 2023). Revenue: S$29.5m (up 1.4% from 1H 2023). Net income: S$934.0k (down 39% from 1H 2023). Profit margin: 3.2% (down from 5.3% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jul 30
Now 35% undervalued after recent price drop Over the last 90 days, the stock has fallen 38% to S$0.10. The fair value is estimated to be S$0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 3.9%. Buy Or Sell Opportunity • Jul 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to S$0.13. The fair value is estimated to be S$0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 3.9%. Buy Or Sell Opportunity • May 15
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to S$0.19. The fair value is estimated to be S$0.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 3.9%. Declared Dividend • May 04
Dividend of S$0.007 announced Shareholders will receive a dividend of S$0.007. Ex-date: 20th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: S$0.012 (vs S$0.01 in FY 2022) Full year 2023 results: EPS: S$0.012 (up from S$0.01 in FY 2022). Revenue: S$59.2m (up 7.2% from FY 2022). Net income: S$3.46m (up 20% from FY 2022). Profit margin: 5.8% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Apr 16
BH Global Corporation Limited, Annual General Meeting, Apr 30, 2024 BH Global Corporation Limited, Annual General Meeting, Apr 30, 2024, at 10:30 Singapore Standard Time. Location: the Boardroom, 8 Penjuru Lane, Singapore 609189 Singapore Singapore Agenda: To receive and adopt the Audited Financial Statements of the Company for the financial year ended 31 December 2023; to declare a Final Dividend of 0.7 Singapore cent per ordinary share (one-tier tax exempt) for the financial year ended 31 December 2023; to approve the Directors' Fees of S$305,000 for the financial year ended 31 December 2023; to appoint Ms Lee Kim Lian Juliana as Director; to appoint Mr Kenneth Koh Leong Wie as Director; to re-elect Mr Vincent Lim Hui Eng as Director; to re-elect Mr Henry Tan Song Kok as Director; to re-appoint Messrs Baker Tilly TFW LLP as auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other matters. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: S$0.012 (vs S$0.01 in FY 2022) Full year 2023 results: EPS: S$0.012 (up from S$0.01 in FY 2022). Revenue: S$59.2m (up 7.2% from FY 2022). Net income: S$3.46m (up 20% from FY 2022). Profit margin: 5.8% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Feb 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 20
Now 30% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be S$0.083, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. Board Change • Oct 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 19
BH Global Corporation Limited Announces Promotion of Ms. Jasmin Lim from Business Development Director to Chief Marketing Officer In recognition of Ms. Jasmin Lim's exemplary performance and capability, the Board of Directors of BH Global Corporation Limited has approved the recommendation of the Nominating Committee on the promotion of Ms. Jasmin Lim as the Chief Marketing Officer of the Company. She is responsible for Group Marketing and Business Development. Ms. Jasmin Lim joined Beng Hui Marine Electrical Pte Ltd. as Marketing Executive in 2012. She had various promotions before being promoted to the current position as Business Development Director. Ms. Jasmin Lim is the niece of Mr. Vincent Lim Hui Eng and Mr. Patrick Lim Hui Peng, the Executive Directors of the Company. Other DirectorShips Present: Beng Hui Marine Electrical Pte Ltd. (2017 to present) - Director 2. Venture Fifteen Pte Ltd. (2019 to present) - Director. Professional Qualifications: Bachelor of Marketing Degree. New Risk • Aug 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.6% net profit margin). Market cap is less than US$100m (S$24.0m market cap, or US$17.7m). Reported Earnings • Aug 15
First half 2023 earnings released: EPS: S$0.005 (vs S$0.006 in 1H 2022) First half 2023 results: EPS: S$0.005 (down from S$0.006 in 1H 2022). Revenue: S$29.1m (up 14% from 1H 2022). Net income: S$1.54m (down 9.9% from 1H 2022). Profit margin: 5.3% (down from 6.7% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Board Change • Jun 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: S$0.01 (vs S$0.017 in FY 2021) Full year 2022 results: EPS: S$0.01 (down from S$0.017 in FY 2021). Revenue: S$55.2m (up 18% from FY 2021). Net income: S$2.87m (down 42% from FY 2021). Profit margin: 5.2% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Board Change • Apr 03
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 29
BH Global Corporation Limited Announces Executive Changes The Board of Directors of BH Global Corporation Limited announced that Ms Wong Sien Ting has been appointed as Company Secretary of the Company in place of Ms Chan Soek Wei with effect from 28 October 2022. Consequent upon the aforesaid change, the Joint Company Secretaries of the Company are as follows:- Ms Pan Mi Keay; and Ms Wong Sien Ting. Board Change • Oct 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 01
BH Global Corporation Limited Announces CFO Changes The Board of Directors of BH Global Corporation Limited has reviewed Mr. Keegan Chua Tze Wee's qualifications and working experiences and approved his appointment as Group Chief Financial Officer. Appointment of Mr. Keegan Chua Tze Wee as the Chief Financial Officer of the Group in place of Mr. Mark Weng Kwai with effect from 10 October 2022. Mr. Mark Weng Kwai will continue to work with the Group through a transition period to 24 October 2022. He is responsible for overseeing the financial and management accounting, compliance and taxation related matters of the Group. Working Experience: BH Global Corporation Ltd. (18 December 2006 to 14 November 2018) - Chief Financial Officer 2. Vallianz Holdings Ltd. (11 March 2019 to present) - Finance Director. Other DirectorShips Present 1. Vallianz Holdings Ltd. (2019 to present) - Finance Director 2. Vallianz Corporate Services Pte Ltd. (2021 to present) - Director. Professional Qualifications: Degree in Accountancy (Second Lower Class Honours) from National Technological University - Member of CA Singapore (Institute of Singapore Chartered Accountant). Announcement • Aug 23
BH Global Corporation Limited Announces Cessation of Mark Weng Kwai as Group Chief Financial Officer BH Global Corporation Limited announced that Mr. Mark Weng Kwai has tendered his resignation as Group Chief Financial Officer of the Company to pursue other interests. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$2.92m from profit in 1H 2021). Profit margin: (down from 12% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 29
BH Global Corporation Limited Ordinary Shares to Be Deleted from OTC Equity BH Global Corporation Limited Ordinary Shares will be deleted from OTC Equity effective from July 29, 2022, due to Inactive Security. Board Change • May 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 14
Full year 2021 earnings released: EPS: S$0.017 (vs S$0.011 in FY 2020) Full year 2021 results: EPS: S$0.017 (up from S$0.011 in FY 2020). Revenue: S$46.8m (down 12% from FY 2020). Net income: S$4.97m (up 54% from FY 2020). Profit margin: 11% (up from 6.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Apr 09
BH Global Corporation Limited, Annual General Meeting, Apr 26, 2022 BH Global Corporation Limited, Annual General Meeting, Apr 26, 2022, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the directors’ statement and audited financial statements of the company for the financial year ended December 31, 2021 and the auditors’ report thereon; to declare a final dividend for the financial year ended December 31, 2021; to approve the directors’ fees; to re-elect Mr Patrick Lim Hui Peng, a Director retiring pursuant to Regulation 104 of the company’s constitution; and to consider other matters. Board Change • Mar 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 27
BH Global Corporation Limited Announces Payment of Dividend BH Global Corporation Limited announced Dividend amount per ordinary share of 0.50 Singapore cents. Tax rate is One tier tax exempt. Date payable is to be announced later. The proposed dividend is subject to the approval of shareholders at the forthcoming Annual General Meeting. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: S$0.017 (up from S$0.011 in FY 2020). Revenue: S$46.8m (down 12% from FY 2020). Net income: S$4.97m (up 54% from FY 2020). Profit margin: 11% (up from 6.0% in FY 2020). Revenue missed analyst estimates by 7.7%. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Board Change • Feb 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director Henry Tan was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 10
Full year 2020 earnings released: EPS S$0.011 (vs S$0.006 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: S$53.2m (up 7.8% from FY 2019). Net income: S$3.22m (up 85% from FY 2019). Profit margin: 6.0% (up from 3.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Mar 12
Lee Sze Min agreed to acquire 20% stake in BOS Engineering International Pte. Ltd. from BH Global Corporation Limited (SGX:BQN) for SGD 0.1 million. Lee Sze Min agreed to acquire 20% stake in BOS Engineering International Pte. Ltd. from BH Global Corporation Limited (SGX:BQN) for SGD 0.1 million on March 10, 2021. In related transaction, BOS Engineering International Pte. Ltd. agreed to acquire Sea Forrest Engineering Pte Ltd from Lee Sze Min for SGD 0.67 million. Reported Earnings • Feb 27
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: S$53.2m (up 7.8% from FY 2019). Net income: S$3.22m (up 85% from FY 2019). Profit margin: 6.0% (up from 3.5% in FY 2019). Is New 90 Day High Low • Oct 23
New 90-day low: S$0.30 The company is down 12% from its price of S$0.34 on 24 July 2020. The Singaporean market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 20% over the same period. Announcement • Aug 18
BH Global Corporation Limited to Report First Half, 2020 Results on Aug 14, 2020 BH Global Corporation Limited announced that they will report first half, 2020 results on Aug 14, 2020 
