Board Change • Apr 24
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Lead Independent Director Alex Chua is the most experienced director on the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • Apr 11
Olive Tree Estates Limited, Annual General Meeting, Apr 29, 2026 Olive Tree Estates Limited, Annual General Meeting, Apr 29, 2026, at 14:00 Singapore Standard Time. Location: meeting room 6th floor, 9 raffles place, republic plaza tower 1, singapore 048619, Singapore Board Change • Mar 14
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Non-Executive Lead Independent Director Alex Chua is the most experienced director on the board, commencing their role in 2026. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 17
Olive Tree Estates Limited Announces Appointment of Dato Sri Muthanna Bin Abdullah as Independent Non-Executive Director Olive Tree Estates Limited announced the appointment of Dato Sri Muthanna Bin Abdullah as an Independent Non-Executive Director. Dato Sri Muthanna Bin Abdullah is considered independent for the purpose of Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited. Dato Sri Muthanna Bin Abdullah will serve as Chairman of the Remuneration Committee, and member of the Audit Committee and the Nominating Committee. The new Nomination Committee of the Company, having reviewed and considered the Nominating Committee's assessment of Dato Sri Muthanna Bin Abdullah's qualifications and work experience, is of the view that Dato Sri Muthanna Bin Abdullah possesses the requisite experience and capabilities to assume the responsibilities as an Independent Director of the Company. Dato Sri Muthanna Bin Abdullah holds professional qualifications as Advocate & Solicitor - High Court of Malaysia, Barrister-at-Law - Middle Temple, and LL.B (Hons) - University of Buckingham. His working experience includes Consultant - Legal Practitioner - Abdullah Chan & Co (January 2018 - current), Partner - Legal Practitioner - Abdullah Chan & Co (April 2012 - 2017), Managing Partner - Lee Hishammuddin Allen & Gledhill (July 2001 - 2012), and Legal Practitioner - Abdullah A. Rahman & Co (October 1985 - 2001). His present directorships include Parkway Trust Management Limited, IHH Healthcare Berhad, MSIG Insurance (Malaysia) Berhad, and Apollo Food Holdings Berhad. His past directorships include Sapura Resources Berhad and MSM Malaysia Holdings Berhad. Ankündigung • Oct 10
Advansory Investment Pte. Ltd. entered into a sale and purchase agreement to acquire 69.49% stake in Olive Tree Estates Limited (Catalist:1H2) from Chiu Teng Enterprises Pte Ltd, Kim Kyoo Chul and Tham Keng Chuen for SGD 9.7 million. Advansory Investment Pte. Ltd. entered into a sale and purchase agreement to acquire 69.49% stake in Olive Tree Estates Limited (Catalist:1H2) from Chiu Teng Enterprises Pte Ltd, Kim Kyoo Chul and Tham Keng Chuen for SGD 9.7 million on October 8, 2025. Under the terms of the acquisition, Advansory Investment will acquire 80.5 million shares at a price of SGD 0.12 per share in cash. In a separate transaction, Advansory Investment Pte. Ltd. proposed to acquire remaining 30.51% stake in Olive Tree Estates Limited (Catalist:1H2).
Evolve Capital Asia acted as financial advisor to Advansory Investment Pte. Ltd. Ankündigung • Apr 23
Olive Tree Estates Limited Announces Committee Changes Olive Tree Estates Limited announced that Mr. Liaw Chun Huan will remain as an Independent NonExecutive Director of the Company and a member of the Audit Committee and the Nominating Committee, and has replaced Mr. Cheong Mun Cheong Alan as Chairman of the Remuneration Committee immediately following the conclusion of the AGM. Ankündigung • Apr 04
Tjoa Thian Song completed the acquisition of 45.98% stake in Five Joint venture real estate development projects in Vietnam from Olive Tree Estates Limited (Catalist:1H2). Tjoa Thian Song agreed to acquire 45.98% stake in Five Joint venture real estate development projects in Vietnam from Olive Tree Estates Limited (Catalist:1H2) for $5.97 million on December 13, 2024.
The transaction is subject to approval of offer by target shareholders. WongPartnership LLP acted as legal advisor to Olive Tree Estates Limited.
As of February 13, 2024, the shareholders of Olive Tree Estates Limited (Catalist:1H2) have approved the proposed transaction. As of February 11, 2025, the transaction is approved by board of directors of Olive Tree Estates Limited.
Tjoa Thian Song completed the acquisition of 45.98% stake in Five Joint venture real estate development projects in Vietnam from Olive Tree Estates Limited (Catalist:1H2) on April 2, 2025. Reported Earnings • Apr 03
Full year 2024 earnings released: S$0.005 loss per share (vs S$0.007 loss in FY 2023) Full year 2024 results: S$0.005 loss per share (improved from S$0.007 loss in FY 2023). Net loss: S$534.0k (loss narrowed 30% from FY 2023). Ankündigung • Mar 28
Olive Tree Estates Limited, Annual General Meeting, Apr 23, 2025 Olive Tree Estates Limited, Annual General Meeting, Apr 23, 2025, at 10:00 Singapore Standard Time. Location: 114 lavender street, 18-01 ct hub 2, singapore 338729, Singapore Board Change • Mar 25
High number of new directors Independent Non-Executive Director Chun Huan Liaw was the last director to join the board, commencing their role in 2025. Reported Earnings • Mar 05
Full year 2024 earnings released: S$0.005 loss per share (vs S$0.007 loss in FY 2023) Full year 2024 results: S$0.005 loss per share (improved from S$0.007 loss in FY 2023). Net loss: S$534.0k (loss narrowed 30% from FY 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Mar 02
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 Risks Shares are highly illiquid. Revenue is less than US$1m (S$1.2m revenue, or US$903k). Market cap is less than US$10m (S$9.38m market cap, or US$6.94m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Ankündigung • Jan 24
Tjoa Thian Song agreed to acquire 45.98% stake in Five Joint venture real estate development projects in Vietnam from Olive Tree Estates Limited (Catalist:1H2) for $5.97 million. Tjoa Thian Song agreed to acquire 45.98% stake in Five Joint venture real estate development projects in Vietnam from Olive Tree Estates Limited (Catalist:1H2) for $5.97 million on December 13, 2024.
The transaction is subject to approval of offer by target shareholders. WongPartnership LLP acted as legal advisor to Olive Tree Estates Limited. Board Change • Jan 15
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. 2 highly experienced directors. Independent Non-Executive Director Gim Teik Soh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Gim Teik Soh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 01
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. 2 highly experienced directors. Independent Non-Executive Director Gim Teik Soh was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 01
Olive Tree Estates Limited, Annual General Meeting, Apr 30, 2024 Olive Tree Estates Limited, Annual General Meeting, Apr 30, 2024, at 10:00 Singapore Standard Time. Location: 114 Lavender Street, #18-01 CT Hub 2, Singapre Singapore Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended 31 December 2023 together with the Auditor's Report thereon; to re-elect Mr Daniel Cuthbert Ee Hock Huat being a Director; to approve the payment of Directors' Fees of S$145,000 for the financial year ending 31 December 2024, such Directors' Fees to be payable on a quarterly basis in arrears. (2023: S$145,000) and to consider other matters. New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Shares are highly illiquid. Revenue is less than US$1m (S$1.2m revenue, or US$893k). Market cap is less than US$10m (S$9.27m market cap, or US$6.89m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Reported Earnings • Feb 26
Full year 2022 earnings released: S$0.024 loss per share (vs S$0.017 loss in FY 2021) Full year 2022 results: S$0.024 loss per share (further deteriorated from S$0.017 loss in FY 2021). Net loss: S$1.65m (loss widened 42% from FY 2021). Ankündigung • Apr 01
Olive Tree Estates Limited, Annual General Meeting, Apr 29, 2022 Olive Tree Estates Limited, Annual General Meeting, Apr 29, 2022, at 15:00 Singapore Standard Time. Agenda: To receive and adopt the directors' statement and the audited financial statements of the company for the financial year ended 31 December 2021 together with the Auditor's Report thereon; to re-elect Mr Daniel Cuthbert Ee Hock Huat being a Director; to re-elect Mr Daniel Long Chee Tim being a Director; to approve the payment of Directors' Fees of S$145,000 for the financial year ending 31 December 2022; and to consider other matters. Executive Departure • Sep 08
Joint Company Secretary Dai Lingna has left the company On the 1st of September, Dai Lingna's tenure as Joint Company Secretary ended. We don't have any record of a personal shareholding under Dai's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.29 years. Executive Departure • Sep 08
Independent Director Meng Seng Wee has left the company On the 1st of September, Meng Seng Wee's tenure as Independent Director ended after 12.0 years in the role. We don't have any record of a personal shareholding under Meng Seng's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.29 years. Reported Earnings • Apr 12
Full year 2020 earnings released: S$0.024 loss per share (vs S$0.018 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: S$3.80m (up 237% from FY 2019). Net loss: S$1.65m (loss widened 32% from FY 2019). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Ankündigung • Aug 13
Olive Tree Estates Limited to Report First Half, 2020 Results on Aug 12, 2020 Olive Tree Estates Limited announced that they will report first half, 2020 results on Aug 12, 2020 