New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (S$93.8m market cap, or US$73.3m). Buy Or Sell Opportunity • Aug 13
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at S$0.034. The fair value is estimated to be S$0.028, however this is not to be taken as a sell 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 97%. Ankündigung • Aug 07
Pollux Properties Ltd. to Report First Half, 2026 Results on Aug 14, 2026 Pollux Properties Ltd. announced that they will report first half, 2026 results on Aug 14, 2026 Buy Or Sell Opportunity • May 29
Now 22% overvalued Over the last 90 days, the stock has fallen 21% to S$0.033. The fair value is estimated to be S$0.027, however this is not to be taken as a sell 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 97%. Buy Or Sell Opportunity • May 13
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to S$0.035. The fair value is estimated to be S$0.028, however this is not to be taken as a sell 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 97%. Buy Or Sell Opportunity • Apr 28
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to S$0.034. The fair value is estimated to be S$0.027, however this is not to be taken as a sell 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 97%. Reported Earnings • Apr 19
Full year 2025 earnings released: EPS: S$0.001 (vs S$0 in FY 2024) Full year 2025 results: EPS: S$0.001 (up from S$0 in FY 2024). Revenue: S$13.6m (up 1.3% from FY 2024). Net income: S$1.82m (up 358% from FY 2024). Profit margin: 13% (up from 3.0% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 16
Pollux Properties Ltd., Annual General Meeting, Apr 30, 2026 Pollux Properties Ltd., Annual General Meeting, Apr 30, 2026, at 11:00 Singapore Standard Time. Location: level 3, function room 3-3, 60 cecil street, isca house, singapore 049709, Singapore Buy Or Sell Opportunity • Mar 10
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to S$0.033. The fair value is estimated to be S$0.024, however this is not to be taken as a sell 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 97%. Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: S$0.001 (vs S$0 in FY 2024) Full year 2025 results: EPS: S$0.001 (up from S$0 in FY 2024). Revenue: S$13.6m (up 1.3% from FY 2024). Net income: S$1.82m (up 358% from FY 2024). Profit margin: 13% (up from 3.0% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. 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 2025. 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 Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$115.9m market cap, or US$91.6m). Ankündigung • Feb 25
Pollux Properties Ltd. to Report Fiscal Year 2025 Results on Mar 01, 2026 Pollux Properties Ltd. announced that they will report fiscal year 2025 results at 5:00 PM, Singapore Standard Time on Mar 01, 2026 New Risk • Feb 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (S$69.0m market cap, or US$54.7m). Reported Earnings • Aug 19
First half 2025 earnings released: EPS: S$0 (vs S$0 in 1H 2024) First half 2025 results: EPS: S$0 (in line with 1H 2024). Revenue: S$6.65m (up 1.7% from 1H 2024). Net loss: S$1.15m (loss widened S$978.3k from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Ankündigung • Aug 07
Pollux Properties Ltd. to Report First Half, 2025 Results on Aug 14, 2025 Pollux Properties Ltd. announced that they will report first half, 2025 results on Aug 14, 2025 Reported Earnings • Apr 16
Full year 2024 earnings released: EPS: S$0 (vs S$0.001 in FY 2023) Full year 2024 results: EPS: S$0 (down from S$0.001 in FY 2023). Revenue: S$13.4m (down 2.9% from FY 2023). Net income: S$397.3k (down 80% from FY 2023). Profit margin: 3.0% (down from 14% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 15
Pollux Properties Ltd., Annual General Meeting, Apr 30, 2025 Pollux Properties Ltd., Annual General Meeting, Apr 30, 2025, at 10:00 Singapore Standard Time. Location: 20 collyer quay, 22-01, singapore 049319, Singapore New Risk • Mar 10
New major risk - Revenue and earnings growth Earnings have declined by 4.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (S$57.9m market cap, or US$43.6m). New Risk • Mar 04
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 Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (S$60.7m market cap, or US$45.2m). Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: S$0 (vs S$0.001 in FY 2023) Full year 2024 results: EPS: S$0 (down from S$0.001 in FY 2023). Revenue: S$13.4m (down 2.9% from FY 2023). Net income: S$397.3k (down 80% from FY 2023). Profit margin: 3.0% (down from 14% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Mar 01
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 Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (S$60.7m market cap, or US$44.9m). Reported Earnings • Aug 19
First half 2024 earnings released: EPS: S$0 (vs S$0.001 in 1H 2023) First half 2024 results: EPS: S$0 (down from S$0.001 in 1H 2023). Revenue: S$6.54m (down 2.0% from 1H 2023). Net loss: S$167.1k (down 108% from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 17% per year. Ankündigung • Aug 16
Pollux Properties Ltd. Appoints Ivan Kanel as Independent Director, Chairman of the Audit Committee, and Member of the Remuneration and Nominating Committee Pollux Properties Ltd. announced appointment of Mr. Ivan Kanel as an Independent Director of the Company. Mr. Ivan Kanel will also take on the role of Chairman of the Audit Committee and a member of the Remuneration and Nominating Committee. Working Experience: 2023 to Present: Member of International Business and Networking, Institute of Indonesia Chartered Accountant 2016 to Present: Management Partner, Indonesia Global Law Firm 2012 to Present: Managing Partner and Director, Pt Prodigi Konsultan 2009 to Present: Managing Partner, Kja Cv Sk & Co 2009 to Present: Managing Partner, Kap Kanel & Partner 2002 to Present: Lecturer, Tarumanagara University 2019 to 2023: Member of Quality Department, Institute of Indonesia Chartered Accountant 2018 to 2019: Member of Region Coordinator Dki Jakarta, Institute of Indonesia Chartered Accountant 2011 to 2021: Partner, Public Accounting Firm Herman Dody Tanumihardja & Partners. Professional Qualifications: Asean Chartered Professional Accountant, Asean Chartered Professional Accountant Coordinating Committee Chartered Accountant, Indonesian Institute of Accountants Certified Public Accountant, Institute of Certified Public Accountants Indonesia Master of Management, University of Tarumanagara Jakarta Bachelor of Economics (Se), University of Tarumanagara Jakarta. Other DirectorShips Past:- 2017 to 2020: Director, Intercontinental grouping of Accountants & Lawyers. Other DirectorShips Present:- 2018 to Present: Commissioner, PT Mahakarya Cipta Sentosa 2017 to Present: Director, PT Analis Advis Indonesia 2016 to Present: Director, PT Asia Global Investasi 2012 to Present: Managing Partner and Director, PT Prodigi Konsultan 2008 to Present: Director, KJA CV SK & Co. Director Experience Details:- Upon appointment as Director of Pollux Properties Ltd, Mr. Ivan Kanel will attend training on the roles and responsibilities as a director of a listed issuer as prescribed by the SGX-ST within 1 year from the date of his appointment. Ankündigung • Aug 10
Pollux Properties Ltd. to Report First Half, 2024 Results on Aug 14, 2024 Pollux Properties Ltd. announced that they will report first half, 2024 results on Aug 14, 2024 New Risk • Jun 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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 Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (S$74.5m market cap, or US$55.1m). Ankündigung • Jun 09
Pollux Properties Ltd., Annual General Meeting, Jun 21, 2024 Pollux Properties Ltd., Annual General Meeting, Jun 21, 2024, at 10:30 Singapore Standard Time. Location: 137 cecil street, cecil building, level 4, kyoto room, singapore 069537, Singapore Ankündigung • Jun 08
Pollux Properties Ltd. Announces Board and Committee Changes, Effective June 21, 2024 Pollux Properties Ltd. announced that Mr. Tan Lye Heng Paul will retire from the Board after the conclusion of the forthcoming Annual General Meeting on 21 June 2024 and will not seek for re-election as an Independent Director. Mr. Tan has decided to step down from the Board of the Company as he wishes to spend more time on his other existing commitments. Upon Mr. Tan's retirement, he will cease to be Chairman of the Audit Committee (AC) and member of Remuneration and Nominating Committee (RNC). Other DirectorShips Past: 1. Sin Ghee Huat Corporation Ltd. 2. China Sunsine Chemical Holdings Ltd. Other DirectorShips Present: 1. AJJ Medtech Holdings Limited 2. Second Chance Properties Ltd. 3. Serial System Ltd. 4. Nexia Singapore PAC 5. CA Trust PAC 6. Salleh Marican Foundation Ltd. 7. PSC Corporation Ltd. 8. Nexia Solutions Pte Ltd. 9. Nexia SG Pte Ltd. The company also announced the appointment of Mr. Phua Cher Chew (Pan Ziqiu), an Independent Director of the Company, as the Interim Chairman of the AC with effect from 21 June 2024. The Board notes that, following the retirement of Mr. Tan, the AC will be unable to meet the requirement of Rule 704(7) of the Catalist Rules and the Companies Act 1967, where the AC should consist of a minimum number of three members. The Board shall endeavour to fill the vacancy within two (2) months, and in any case no later than three (3) months. The Board will also take steps to appoint suitable candidate(s) to fill the vacancy(ies) in the RNC as soon as possible. Following the aforesaid changes with effect from 21 June 2024, the composition of the Board and Board Committees will be as follows:- Board Phua Cher Chew (Pan Ziqiu) (Chairman, Independent Director), Nico Purnomo Po (Executive Director and Chief Executive Officer) and Brian Praneda (Independent Director). AC: Phua Cher Chew (Pan Ziqiu) (Interim Chairman) and Brian Praneda. RNC: Brian Praneda (Chairman) and Phua Cher Chew (Pan Ziqiu). New Risk • May 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 21% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (S$71.7m market cap, or US$53.2m). Ankündigung • Apr 03
Pollux Properties Ltd. Announces Resignation of Lau Wei Kian as Financial Controller Pollux Properties Ltd. announced that the resignation of Lau Wei Kian as Financial Controller. Role And Responsibilities: Overseeing the finance and accounting functions of the Company and the Group. Mr. Lau Wei Kian (Mr. Lau) has resigned as Financial Controller of the company to pursue other career opportunities. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: S$0.001 (vs S$0.002 in FY 2022) Full year 2023 results: EPS: S$0.001 (down from S$0.002 in FY 2022). Revenue: S$13.8m (flat on FY 2022). Net income: S$1.97m (down 70% from FY 2022). Profit margin: 14% (down from 47% in FY 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Mar 01
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 Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 57% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (S$82.8m market cap, or US$61.5m). New Risk • Jan 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (S$88.3m market cap, or US$65.8m). Ankündigung • Jan 11
Pollux Properties Ltd. Announces Change of Company Secretary The Board of Directors of Pollux Properties Ltd. announced the appointment of Ms. Shirley Tan Sey Liy as the Company Secretary with immediate effect, in place of Ms. Chew Bee Leng (Ms. Chew) who has resigned with effect from 11 January 2024. Board Change • Nov 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 16
First half 2023 earnings released: EPS: S$0.001 (vs S$0.001 in 1H 2022) First half 2023 results: EPS: S$0.001 (in line with 1H 2022). Revenue: S$6.67m (up 4.6% from 1H 2022). Net income: S$2.00m (up 1.5% from 1H 2022). Profit margin: 30% (in line with 1H 2022). Over the last 3 years on average, earnings per share has increased by 48% per year whereas the company’s share price has increased by 49% per year. Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: S$0.002 (vs S$0.001 in FY 2021) Full year 2022 results: EPS: S$0.002 (up from S$0.001 in FY 2021). Revenue: S$13.8m (up 51% from FY 2021). Net income: S$6.49m (up 63% from FY 2021). Profit margin: 47% (up from 44% in FY 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: S$0.002 (vs S$0.001 in FY 2021) Full year 2022 results: EPS: S$0.002 (up from S$0.001 in FY 2021). Revenue: S$13.8m (up 51% from FY 2021). Net income: S$6.49m (up 63% from FY 2021). Profit margin: 47% (up from 44% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 10
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 02
Pollux Properties Ltd., Annual General Meeting, Apr 27, 2022 Pollux Properties Ltd., Annual General Meeting, Apr 27, 2022, at 15:00 Singapore Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements for the financial year ended 31 December 2021 and the Director's Statement and the Auditors' Report thereon; to approve the payment of Director's fees of SGD 69,626 for the financial year ended 31 December 2021; to re-elect Mr. Jacob Lee Yen Min retiring pursuant to Regulation 88 of the Company's Constitution; to re-elect Mr. Phua Cher Chew retiring pursuant to Regulation 88 of the Company's Constitution; to re-elect Mr. Brian Praneda retiring pursuant to Regulation 88 of the Company's Constitution; to re-appoint Messrs Ernst & Young LLP as Auditors and to authorize the Directors to fix their remuneration; and to authorize the Directors to allot and issue new shares in the capital of the Company. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: S$0.001 (up from S$0 in FY 2020). Revenue: S$9.13m (flat on FY 2020). Net income: S$3.99m (up S$3.74m from FY 2020). Profit margin: 44% (up from 2.8% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Board Change • Feb 21
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 23
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. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
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. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Oct 10
Independent Director Ping Shen Chung has left the company On the 1st of October, Ping Shen Chung's tenure as Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Ping Shen's name. A total of 6 executives have left over the last 12 months. Board Change • Oct 04
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Paul Tan is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Jul 02
Independent Non-Executive Chairman Chai Chong Low has left the company On the 30th of June, Chai Chong Low's tenure as Independent Non-Executive Chairman ended after less than a year in the role. As of March 2021, Chai Chong still personally held only 200.00k shares (S$6.6k worth at the time). A total of 5 executives have left over the last 12 months. Executive Departure • Jun 09
Independent Director Timur Pradopo has left the company On the 31st of May, Timur Pradopo's tenure as Independent Director ended after 7.2 years in the role. We don't have any record of a personal shareholding under Timur's name. A total of 4 executives have left over the last 12 months. Ankündigung • Oct 11
Pollux Properties Ltd. (Catalist:5AE) entered into share transfer agreement to acquire remaining 49.99% stake in Stirling Fort Capital Pte. Ltd from Chan Kah Wai, Elwyn and Chia Yew Nguan for SGD 0.3 million. Pollux Properties Ltd. (Catalist:5AE) entered into share transfer agreement to acquire remaining 49.99% stake in Stirling Fort Capital Pte. Ltd from Chan Kah Wai, Elwyn and Chia Yew Nguan for SGD 0.3 million on October 7, 2020. Pollux will acquire 285,000 ordinary shares and 15,000 ordinary shares from Chan Kah Wai, Elwyn and Chia Yew Nguan respectively. The Proposed Acquisition is expected to be funded by the Group’s internal resources which are mainly derived from operational cash flows. Stirling Fort Capital will be a wholly-owned subsidiary of the Group following the completion of the acquisition. Pursuant to the Agreement, the Vendors agree to the following non-exhaustive conditions which shall be regarded as fundamental terms: save as otherwise abridged or terminated by the Company, the Vendors shall continue to be in the Company’s employment for a period of six (6) months from the date of the Agreement (provided always that both parties by mutual consent may opt for early termination) and at the option or election of the Company, continue to be employed for a further period of six (6) months after the expiry of the 1st six (6) months period; for the avoidance of doubt, the Vendors shall continue in the Company’s employment from September 1, 2020 without any remuneration or salary whatsoever and shall continue to be in the Company’s employment in accordance with this Agreement; the Vendors shall ensure that the Registered Fund Management Company (“RFMC”) licence granted by MAS continues to be valid and effective at the time of the completion of the Agreement; and the Vendors shall undertake and ensure that all compliance measures have been taken and implemented in order to ensure that the RFMC licence is properly transferred or assigned to the Company’s new management and these shall include the handover of SOPs, Anti-Money Laundering protocols, proper Know-Your-Client and due diligence protocols, documents and materials. The Proposed Acquisition is not expected to have a material impact on the Company’s net asset value per share or earnings per share for the financial year ending March 31, 2021. Ankündigung • Sep 22
Teo Cheng Huat and Tay Chin Chuan entered into a sale and purchase agreement to acquire an unknown stake in Beijing Embryo Design Co. Ltd. from Shining Corp. Ltd. (Catalist: 5AE) and Embryo Design Pte Ltd. for SGD 1. Teo Cheng Huat and Tay Chin Chuan entered into a sale and purchase agreement to acquire an unknown stake in Beijing Embryo Design Co. Ltd. from Shining Corp. Ltd. (Catalist: 5AE) and Embryo Design Pte Ltd. for SGD 1 on December 30, 2005. Under the terms of agreement, Teo Cheng Huat and Tay Chin Chuan will acquire 0.04 million shares of Beijing Embryo. The purchase consideration will be satisfied by the transfer to Shining Corp of 18,333 shares of SGD 1 each in Embryo held by Tay Chin Chuan and 18,333 shares of SGS 1 each in Embryo held by Teo Cheng Huat respectively. Upon completion, Beijing Embryo would cease to be a subsidiary of Shining Corp. Reported Earnings • Sep 18
Full year earnings released - EPS S$0.00082 Over the last 12 months the company has reported total profits of S$2.25m, down 53% from the prior year. Total revenue was S$15.0m over the last 12 months, up 6.4% from the prior year. Profit margins were 15%, which is lower than the 34% margin from last year. The decrease in margin was driven by higher expenses. 
