Anuncio • Apr 10
Oceanscape International Limited, Annual General Meeting, Apr 28, 2026 Oceanscape International Limited, Annual General Meeting, Apr 28, 2026, at 10:00 Singapore Standard Time. Location: room 311, suntec singapore convention & exhibition centre, 1 raffles boulevard, singapore 039593, Singapore Anuncio • Oct 31
V2Y Corporation Ltd. announced that it has received SGD 20 million in funding V2Y Corporation Ltd. announced a private placement to issue convertible loan for the proceeds of SGD 5 million and non convertible loan of SGD 15 million on October 31, 2025. The transaction involves participation of Lang Jinjun as an investor. Reported Earnings • Sep 13
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: S$2.0k (down 97% from 2Q 2024). Net loss: S$195.0k (loss narrowed 13% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. New Risk • Jun 27
New major risk - Negative shareholders equity The company has negative equity. Total equity: -S$558k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Negative equity (-S$558k). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (S$3.18m market cap, or US$2.50m). Minor Risk Revenue is less than US$5m (S$1.4m revenue, or US$1.1m). Anuncio • Jun 27
V2Y Corporation Ltd. Auditor Raises 'Going Concern' Doubt V2Y Corporation Ltd. filed its Annual on Jun 25, 2025 for the period ending Dec 31, 2024. In this report its auditor, BDO LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Anuncio • Jun 26
V2Y Corporation Ltd., Annual General Meeting, Jul 11, 2025 V2Y Corporation Ltd., Annual General Meeting, Jul 11, 2025, at 14:00 Singapore Standard Time. Location: raffles marina, 10 tuas west drive, singapore 638404, Singapore New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Share price has been highly volatile over the past 3 months (27% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (S$295k revenue, or US$229k). Market cap is less than US$10m (S$3.18m market cap, or US$2.47m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). New Risk • May 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (S$295k revenue, or US$229k). Market cap is less than US$10m (S$3.18m market cap, or US$2.47m). Board Change • May 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. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Souk-Tann Boey 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. Anuncio • Apr 23
V2Y Corporation Ltd. has filed a Follow-on Equity Offering in the amount of SGD 0.451 million. V2Y Corporation Ltd. has filed a Follow-on Equity Offering in the amount of SGD 0.451 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 82,000,000
Price\Range: SGD 0.0055
Transaction Features: Subsequent Direct Listing Anuncio • Jan 04
V2Y Corporation Ltd. Appoints Chia Wildy as Chief Financial Officer The Board of V2Y Corporation Ltd. on the recommendation of the Audit Committee and Nominating Committee of the Company, having reviewed Mr. Chia Wildy curriculum vitae and having considered his educational background, professional qualifications, working experience and ability to contribute to the Company, is of the view that Mr. Chia Wildy be appointed as Chief Financial Officer of the Company. Role And Responsibilities: Executive. Mr. Chia will be responsible for overseeing the financial, accounting and corporate secretarial matters in the Group, including leading and supervising the monthly accounts closing, consolidation of Group accounts and yearly audits, supervising and ensuring the Group's compliance with taxation and financial reporting requirements, and providing overall supervisory control over the Group's finances, liabilities and cash flows. Job Title: Chief Financial Officer. Working Experience: January 2016 to December 2024 Director, Intelligent Works Pte. Ltd. April 2013 to December 2015 Finance Manager, Atlas Sound & Vision Pte. Ltd. Other DirectorShips Past Directorships: ATKG Pte. Ltd., Varic Pte. Ltd. Other Principal Commitments: Nil, Other DirectorShips Present: Directorships Intelligent Works Pte. Ltd., Vetdicate Pte. Ltd. Other Principal Commitments: Nil. Professional Qualifications: Master's Degree in Business Administration (MBA) from University of Manchester Chartered Accountant, Singapore Advanced Certificate in Training Adults (ACTA). Appointment Date is January 3, 2025. Anuncio • Jan 03
V2Y Corporation Ltd. Announces Executive Changes The board of directors of V2Y Corporation Ltd. announced the resignation of Mr. Cai Jingren, John as Joint Company Secretary of the Company and the appointment of Mr. Chia Wildy as Joint Company Secretary of the Company with effect from 3 January 2025. Following the aforesaid changes, Mr. Lim Kok Meng and Mr. Chia Wildy shall act as the Joint Secretaries of the Company. New Risk • Jan 02
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 Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m (S$295k revenue, or US$217k). Market cap is less than US$10m (S$8.07m market cap, or US$5.93m). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (S$607k sold). Reported Earnings • Nov 16
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: S$119.0k (up 143% from 3Q 2023). Net loss: S$384.0k (loss widened 87% from 3Q 2023). Anuncio • Aug 15
V2Y Corporation Ltd. Appoints Eugene Goh Chee Liang as Non-Executive and Independent Director, Chairman of Remuneration Committee and Member of Audit and Nominating Committee, Effective 31 August 2024 V2Y Corporation Ltd. appointed Eugene Goh Chee Liang as Non-Executive and Independent Director. Job Title: Independent Non-Executive Director, (with effect from 31 August 2024) Chairman of Remuneration Committee and member of Audit and Nominating Committee. Working Experience: August 2023 to October 2023: Group Finance Director, One Global Group November 2022 to June 2023: Vice President (Finance and Operations), Helicap January 2020 to October 2022: Assistant Vice President (Finance), Nadathur Fareast August 2018 to December 2019: Head of Finance, Frontier Tower Associates July 2015 to January 2018: Manager (Asset and Wealth Management Department), Pricewaterhouse Coopers LLP August 2014 to July 2015: Assistant Manager (Finance Services Department), Ernst & Young LLP (Singapore) January 2010 to July 2014: Assistant Manager of Finance Services Department, Ernst & Young LLP (Malaysia). Other DirectorShips Past: Directorships: 1. Ojas Venture Partners Pte. Ltd. 2. Ojas Venture Fund Pte. Ltd. 3. Mane Capital Pte. Ltd. 4. Maleo Holdings Pte. Ltd. 5. Quesra Holdings Pte. Ltd. 6. Cyrius Holdings Pte. Ltd. 7. Crimson Node Holdings Pte. Ltd. 8. Sparkleberry Pte. Ltd. 9. Echelon Holdings Pte. Ltd. 10. Peepal Holdings Pte. Ltd. 11. Fortingail Pte. Ltd. 12. Arrakis Sciences Pte. Ltd. 13. Event Horizon Technologies Pte. Ltd. 14. Herringbone Holdings Pte. Ltd. 15. Hemlock Holdings Pte. Ltd. 16. Tartan Holdings Pte. Ltd. 17. MNC Property Company Pte. Ltd. 18. Agarwood Pte. Ltd. 19. Khejri Pte. Ltd. 20. Ninox Pte. Ltd. 21. Picidae Pte. Ltd. Other DirectorShips Present: Other Principal Commitments: Member, Executives' Global Network. Professional Qualifications: Fellowship, Association of Certified Chartered Accountants ("ACCA") Associate Member, Institute of Singapore Chartered Accountants ("ISCA") Bachelor of Applied Science (Hons) in Applied Accounting - Oxford Brookes University, UK. New Risk • Aug 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-S$137k). Revenue is less than US$1m (S$215k revenue, or US$162k). Market cap is less than US$10m (S$6.98m market cap, or US$5.26m). Minor Risk Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Anuncio • Jul 31
V2y Corporation Ltd. Announces Appointment of Ang Wei Yang Felix as Executive Director V2Y Corporation Ltd. announced the Board has approved the appointment of Mr. Ang Wei Yang Felix as an Executive Director of the Company. Role And Responsibilities: Executive Oversee the restructuring of the business and to consider new businesses for the Company /Group. Oversee the daily matters of the Group including staffing, financial management, compliance and Governance. Working Experience: 2022 to July 2024: General Manager, Coffee 168 2021 to July 2024: General Manager, Cold Rocks 624 2016 to 2022 Director of operations, Chip Huat 2014 to 2015 Operation Manager, Nguan Huat LP Gas Supplier. Other DirectorShips Present: (1) AWY Pte Ltd. (2) Vetdicate Pte Ltd. (3) L37 Pte Ltd. Professional Qualifications: Advanced Diploma in Financial Trading and Value Investing - Singapore Management University Diploma in Business - Temasek Polytechnic. The Company will arrange for Mr. Ang to attend the requisite training organised by the Singapore Institute of Directors on the roles and responsibilities of a Director of a listed company to meet the mandatory training requirements under Rule 406(3)(a) of the Catalist Rules. Anuncio • Jun 14
V2Y Corporation Ltd., Annual General Meeting, Jun 28, 2024 V2Y Corporation Ltd., Annual General Meeting, Jun 28, 2024, at 14:00 Singapore Standard Time. Location: 137 cecil street, cecil building, 04-01, singapore 069537, Singapore Board Change • Mar 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. 3 experienced directors. No highly experienced directors. Non-Executive Independent Director Souk-Tann Boey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 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. 3 experienced directors. No highly experienced directors. Non-Executive Independent Director Souk-Tann Boey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 01
Full year 2023 earnings released Full year 2023 results: Revenue: S$215.0k (down 29% from FY 2022). Net loss: S$921.0k (loss narrowed 58% from FY 2022). New Risk • Feb 20
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 Less than 1 year of cash runway based on free cash flow trend (-S$818k free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m (S$249k revenue, or US$185k). Market cap is less than US$10m (S$4.60m market cap, or US$3.42m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Board Change • Jan 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. 3 experienced directors. No highly experienced directors. Non-Executive Independent Director Souk-Tann Boey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 11
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 15% 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 Less than 1 year of cash runway based on free cash flow trend (-S$818k free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m (S$249k revenue, or US$183k). Market cap is less than US$10m (S$4.25m market cap, or US$3.11m). Reported Earnings • Aug 07
First half 2023 earnings released: S$0.001 loss per share (vs S$0.005 loss in 1H 2022) First half 2023 results: S$0.001 loss per share (improved from S$0.005 loss in 1H 2022). Revenue: S$117.0k (down 32% from 1H 2022). Net loss: S$510.0k (loss narrowed 65% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Anuncio • Jul 29
V2y Corporation Ltd. Announces Appointment of Seet Kah Wai (Xue Jiawei) as Independent Non-Executive Director V2Y Corporation Ltd. announced appointment of Seet Kah Wai (Xue Jiawei) as Independent Non-Executive Director. The Nominating Committee (the "NC") of the Company, having reviewed Mr. Seet's educational background, professional qualifications and working experience, is of the view that Mr. Seet has the necessary qualifications, working experience and ability to contribute to the Company, and thus recommended to the Board that Mr. Seet be appointed as a Non-Executive and Independent Director. In light of the reasons above and having considered the recommendation of the NC, the Board has approved the appointment of Mr. Seet as a Non-Executive and Independent Director of the Company. Further to this, the Board considers Mr. Seet to be independent for the purposes of Rule 704(7) of the Catalist Rules. Job Title: Independent Non-Executive Director and (with effect from 11 August 2023) Chairman of the AC, member of NC and RC. Working Experience: 2023 to present: SVP, Finance, Growthwell Singapore Private Limited 2017 to 2023: Chief Financial Officer, Asian Healthcare Specialists Limited 2013 to 2017: Deputy Chief Financial Officer, China Minzhong Food Corporation Limited 2008 to 2013: Financial Controller, China Minzhong Food Corporation Limited 2004 to 2008: Audit Senior Associate, PriceWaterHouseCoopers, Singapore. Reported Earnings • Apr 11
Full year 2022 earnings released: S$0.006 loss per share (vs S$0.006 loss in FY 2021) Full year 2022 results: S$0.006 loss per share (in line with FY 2021). Revenue: S$304.0k (down 72% from FY 2021). Net loss: S$2.19m (loss widened 22% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 03
Full year 2022 earnings released Full year 2022 results: Revenue: S$304.0k (down 72% from FY 2021). Net loss: S$2.19m (loss widened 22% from FY 2021). Reported Earnings • Jul 31
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$680.0k from 1H 2021). Profit margin: (up from net loss in 1H 2021). Reported Earnings • Apr 10
Full year 2021 earnings released: S$0.006 loss per share (vs S$0.017 loss in FY 2020) Full year 2021 results: S$0.006 loss per share (up from S$0.017 loss in FY 2020). Revenue: S$1.09m (down 38% from FY 2020). Net loss: S$1.79m (loss narrowed 65% from FY 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Anuncio • Apr 07
V2Y Corporation Ltd., Annual General Meeting, Apr 21, 2022 V2Y Corporation Ltd., Annual General Meeting, Apr 21, 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 Directors' Statement and the Auditors' Report thereon; to approve the payment of Directors' fees in the amount of SGD 172,000.00 for the financial year ending 31 December 2022, to be paid quarterly in arrears (FY2021: SGD 172,000.00); to re-elect Mr. Chue En Yaw pursuant to Regulation 108(1) of the Company's Constitution; and to discuss other matters. Reported Earnings • Feb 22
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: S$1.09m (down 38% from FY 2020). Net loss: S$1.79m (loss narrowed 65% from FY 2020). Revenue was in line with analyst estimates. Anuncio • Jul 20
V2Y Corporation Ltd. Provides Group Earnings Guidance for the Six Months Ended 30 June 2021 V2Y Corporation Ltd. announced that, following a preliminary review of the unaudited consolidated financial results of the Group for the six months ended 30 June 2021, the Group is expected to report a net loss for first half 2021. The ongoing COVID-19 pandemic continues to impact the operations of the Company. Due to business uncertainty during the pandemic period, there was a slowdown in both renewal of contracts by existing customers and in signing of contracts with new customers in relation to the Company's Insurtech business, resulting in lower revenue from the Company's Insurtech business in first half 2021. Recent Insider Transactions • Dec 18
Insider recently sold S$225k worth of stock On the 15th of December, Chow Cheng sold around 4m shares on-market at roughly S$0.052 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$2.5m more than they bought in the last 12 months. Anuncio • Dec 11
V2Y Corporation Ltd. Appoints Boey Souk-Tann as Non-Executive and Independent Director V2Y Corporation Ltd. announced that the Board has approved the appointment of Ms. Boey Souk-Tann as a Non-Executive and Independent Director of the Company, with effect from December 9, 2020. She joins the company as Non-Executive and Independent Director, NC Chairman, AC member and RC member. Upcoming Dividend • Nov 30
First Dividend Is S$0.089 Per Share Will be paid on the 15th of December to those who are registered shareholders by the 7th of December. This is the first dividend for V2Y since going public. The average dividend yield among industry peers is 0.6%. Anuncio • Oct 01
Meranti ASEAN Growth Fund, L.P. managed by Gobi Partners entered into a sale and purchase agreement to acquire stakes in 7 companies for SGD 61.7 million on August 5, 2020. Meranti ASEAN Growth Fund, L.P. managed by Gobi Partners, Venture Lab Pte. Ltd., Metadrome Ltd., Zanetta Lee and others entered into a sale and purchase agreement to acquire stakes in 7 companies from Synagie Corporation Ltd. (Catalist:V2Y) for SGD 61.7 million on August 5, 2020. The acquisition includes 100% of the issued share capital of BTFL Pte. Ltd., 100% of the issued share capital of Synagie Sdn. Bhd., 100% of Synagie (Vietnam) Company Ltd, 48.9% of the issued share capital of Synagie (Thailand) Ltd., 99.9% of Synagie Inc., 100% of the issued share capital of Synagie Hong Kong Limited and 99.6% of the issued share capital of PT Synagie Ecommerce Indonesia (target companies). Consideration consists of SGD 51.8 million in cash and SGD 9.4 million interest-bearing promissory note. In addition, an amount in cash equal to the closing net cash balance of the target companies, which shall not in any event exceed SGD 0.5 million, will be paid. For the financial year ended December 31, 2019, target companies reported revenues of SGD 16.26 million, net loss of SGD 8.5 million and net liabilities of SGD 14.12 million. Synagie Corporation Ltd. capitalized an amount of SGD 0.6 million owed by Synagie Sdn. Bhd. to Synagie Corporation Ltd. into SGD 0.6 new shares issued by Synagie Sdn. Bhd to Synagie Corporation Ltd., increasing the issued and paid-up share capital of Synagie Sdn. Bhd. from SGD 1.25 million to SGD 1.85 million.
Transaction is subject upon approval from shareholders of Synagie Corporation Ltd., third-party consents, the change of name from “Synagie Corporation Ltd.” to a name which does not use, refer to or is otherwise a derivative of the name “Synagie”, which shall be conditional on closing, termination of related party transactions, repayment of shareholders’ loans extended by Synagie Corporation Ltd to the target companies, completion of restructuring of Synagie (Thailand) Ltd and other conditions. As of September 6, 2020, independent financial advisor along with the Board of Directors recommended the shareholders to vote in favor of the transaction in extraordinary general meeting to be held on September 25, 2020. Closing shall take place on the first business day falling ten business days following the notification of the satisfaction or waiver of the last of the conditions precedent. Synagie Corporation Ltd. intends to use the proceeds from the transaction in manner that SGD 1 million to satisfy the claim raised under the agreement, SGD 1.2 million expenses arising from the transaction and any other fees, costs and expenses which may be payable, SGD 0.93 million for working capital and tax related expenses.
RHT Capital Pte. Ltd. acted as the financial adviser to Synagie Corporation Ltd. Rajah & Tann provided legal advisory services and RHT Corporate Advisory Pte. Ltd. acted as registrar to Synagie Corporation Ltd. Novus Corporate Finance Pte Ltd acted as independent financial advisor and provided an opinion on the transaction to the board of Synagie Corporation. 
