Annonce • Jan 15
OneApex Limited, Annual General Meeting, Jan 30, 2026 OneApex Limited, Annual General Meeting, Jan 30, 2026, at 10:00 Singapore Standard Time. Location: nuss suntec city guild house, 3 temasek boulevard (tower 5) 02- 401/402, scgh college room, suntec city mall, singapore 038983, Singapore Annonce • Feb 07
Chiu Joon Sun acquired 51% stake in OneApex Capital Pte. Ltd./ OneApex Capital 1 Pte. Ltd. from OneApex Limited (Catalist:5SY) for SGD 0.40 million. Chiu Joon Sun agreed to acquire 51% stake in OneApex Capital Pte. Ltd./ OneApex Capital 1 Pte. Ltd. from OneApex Limited (Catalist:5SY) for SGD 0.40 million on January 31, 2025. A cash consideration will be paid by the buyer. Upon completion of the proposed disposal, OneApex Capital Pte. Ltd./ OneApex Capital 1 Pte. Ltd. will cease to be subsidiary companies of the OneApex Limited (Catalist:5SY).
Chiu Joon Sun completed the acquisition of 51% stake in OneApex Capital Pte. Ltd./ OneApex Capital 1 Pte. Ltd. from OneApex Limited (Catalist:5SY) on February 6, 2025. Annonce • Jan 22
OneApex Limited Proposes Final Dividend for the Financial Year Ended 30 September 2024 OneApex Limited proposed final dividend of 1.0 Singapore cent per ordinary share for the financial year ended 30 September 2024 at the annual general meeting. Annonce • Jan 11
OneApex Limited, Annual General Meeting, Jan 27, 2025 OneApex Limited, Annual General Meeting, Jan 27, 2025, at 10:00 Singapore Standard Time. Location: 18 cross street 14-01, singapore 048423, Singapore Annonce • Apr 17
OneApex Limited Announces Management Changes The board of directors of OneApex Limited announced that Mr. Tan Pei Hong, Alex will be stepping down as the Executive Chairman of the Company with effect from 16 April 2024, while remaining on the Board as an Executive Director and will continue with his functions as Chief Executive Officer of the Company. Following Mr. Alex Tan's resignation, the board announced that Mr. Low Chin Parn Eric, who is currently the Lead Independent Non-Executive Director of the Company, has been re-designated as the Independent Non-Executive Chairman of the Company with effect from 16 April 2024. Consequently, the composition of the Board shall be as follows: Board of Directors Mr. Low Chin Parn Eric (Independent Non-Executive Chairman), Mr. Tan Pei Hong, Alex (Executive Director and Chief Executive Officer), Mr. See Chiau Hwa (Independent Non-Executive Director), Ms. Tan Shu Hui Eileen (Non-Independent Non-Executive Director). New Risk • Feb 12
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 German stocks, typically moving 14% 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m (S$1.0m revenue, or US$768k). Market cap is less than US$10m (€8.46m market cap, or US$9.11m). Annonce • Jan 26
OneApex Limited Announces Executive Changes and Composition of the Board and Board Committees The board of directors of OneApex Limited referred to the company's announcement dated 6 December 2023 in relation to the retirement of Mr. Chee Teck Kwong Patrick ("Mr. Patrick") as the Lead Independent Director of the Company, Mr. Wan Tai Foong ("Mr. Wan") as the Independent Director of the Company and Mr. Chiu Joon Sun ("Mr Chiu") as the Executive Director of the Company with effect from 30 January 2024. Following the retirement of Mr. Patrick, Mr. Wan and Mr. Chiu, the Board wishes to announce the following appointments which will take effect from 30 January 2024: Mr. See Chiau Hwa ("Mr. See") has been appointed as an Independent Non-Executive Director of the Company. Following the appointment of Mr. See, he will also be appointed as Chairman of the Nominating Committee and Remuneration Committee, and a member of the Audit Committee and Risk Committee of the Company. Ms. Tan Shu Hui Eileen ("Ms. Eileen") has been appointed as a Non-Independent Non- Executive Director of the Company. Following the appointment of Ms. Eileen, she will also be appointed as a member of the Audit Committee, Nominating Committee, Remuneration Committee and Risk Committee of the Company. Consequent to the changes, Mr. Low Chin Parn Eric ("Mr. Low") has been re- designated as a Lead Independent Non-Executive Director of the Company (the "Re- Designation"). Following the Re-Designation, he will be appointed as Chairman of the Audit Committee, and a member of the Nominating Committee, Remuneration Committee and Risk Committee of the Company. Pursuant to the above changes, the Board and Board committees of the Company will be reconstituted, with effect from 30 January 2024, as follows (Reconstitutions): Board of Directors: Mr. Tan Pei Hong, Alex (Executive Chairman and Chief Executive Officer), Mr. Low Chin Parn Eric (Lead Independent Non-Executive Director), Mr. See Chiau Hwa (Independent Non-Executive Director) and Ms. Tan Shu Hui Eileen (Non-Independent Non-Executive Director). Audit Committee: Mr. Low Chin Parn Eric Chairman (Lead Independent Non-Executive Director), Mr. See Chiau Hwa Member (Independent Non-Executive Director) and Ms. Tan Shu Hui Eileen Member (Non-Independent Non-Executive Director). Nominating Committee: Mr. See Chiau Hwa Chairman (Independent Non-Executive Director), Mr. Low Chin Parn Eric Member (Lead Independent Non-Executive Director) and Ms. Tan Shu Hui Eileen Member (Non-Independent Non-Executive Director). Remuneration Committee: Mr. See Chiau Hwa Chairman (Independent Non-Executive Director), Mr. Low Chin Parn Eric Member (Lead Independent Non-Executive Director) and Ms. Tan Shu Hui Eileen Member (Non-Independent Non-Executive Director). Risk Committee: Mr. Tan Pei Hong, Alex Chairman (Executive Chairman and Chief Executive Officer), Mr. Low Chin Parn Eric Member (Lead Independent Non-Executive Director), Mr. See Chiau Hwa Member (Independent Non-Executive Director) and Ms. Tan Shu Hui Eileen Member (Non-Independent Non-Executive Director). Pursuant to the Reconstitutions, the Board notes that independent non-executive directors would no longer make up a majority of the Board given that the Chairman of the Board is not independent. In this regard, in order to comply with Provision 2.2 of the Singapore Code of Corporate Governance 2018, the Board and management of the Company are in the process of assessing its options to comply with Provision 2.2 of the Singapore Code of Corporate Governance 2018. Reported Earnings • Jan 17
Full year 2023 earnings released: S$0.007 loss per share (vs S$0 in FY 2022) Full year 2023 results: S$0.007 loss per share (further deteriorated from S$0 in FY 2022). Net loss: S$590.8k (down S$608.0k from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Annonce • Jan 15
OneApex Limited, Annual General Meeting, Jan 30, 2024 OneApex Limited, Annual General Meeting, Jan 30, 2024, at 10:00 Singapore Standard Time. Location: 80 raffles place #25-01 UOB Plaza 1 singapore 048624 Singapoare Singapore Agenda: To discuss the directors statement and audited financial statements for the financial year ended 30 September 2023; to discuss the re-elect mr. Tan pei hong alex, a director; to approve the payment of director fees; and to discuss other matters. Reported Earnings • Nov 24
Full year 2023 earnings released: S$0.007 loss per share (vs S$0.004 loss in FY 2022) Full year 2023 results: S$0.007 loss per share (further deteriorated from S$0.004 loss in FY 2022). Net loss: S$591.0k (loss widened 75% from FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. New Risk • Jul 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.58m (US$9.55m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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$843k revenue, or US$635k). Market cap is less than US$10m (€8.58m market cap, or US$9.55m). Minor Risk High level of debt (82% net debt to equity). New Risk • Jul 19
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 German stocks, typically moving 9.1% 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 Risk Revenue is less than US$1m (S$843k revenue, or US$636k). Minor Risks High level of debt (82% net debt to equity). Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (€13.9m market cap, or US$15.6m). Reported Earnings • May 14
First half 2023 earnings released: S$0.005 loss per share (vs S$0.005 profit in 1H 2022) First half 2023 results: S$0.005 loss per share (down from S$0.005 profit in 1H 2022). Net loss: S$443.0k (down 213% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 11
Full year 2022 earnings released: S$4.00 loss per share (vs S$8.59 loss in FY 2021) Full year 2022 results: S$4.00 loss per share (improved from S$8.59 loss in FY 2021). Revenue: S$929.0m (down 26% from FY 2021). Net loss: S$337.7m (loss narrowed 54% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Annonce • Jan 10
OneApex Limited, Annual General Meeting, Jan 30, 2023 OneApex Limited, Annual General Meeting, Jan 30, 2023, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Director's Statement and Audited Financial Statements for the financial year ended 30 September 2022 together with the Auditor's Report thereon; to reelect directors; to approve the payment of Directors' fees of SGD 135,000 for the financial year ending 30 September 2023 to be paid half-yearly in arrears; to re-appoint Messrs Ernst & Young LLP as external auditors of the Company and to authorise the Directors of the Company to fix their remuneration; to transact any other ordinary business which may properly be transacted at an annual general meeting; to consider the authority to allot and issue shares in the capital of the Company; to consider the proposed renewal of the Share Buy-Back Mandate; and to consider the proposed Renewal of the IPT General Mandate. Reported Earnings • Nov 23
Full year 2022 earnings released: EPS: S$0 (vs S$0.011 loss in FY 2021) Full year 2022 results: EPS: S$0 (improved from S$0.011 loss in FY 2021). Revenue: S$2.15m (up 73% from FY 2021). Net income: S$17.0k (up S$916.4k from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 6 experienced directors. No highly experienced directors. Executive Director Lawrence Chiu was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 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. 6 experienced directors. No highly experienced directors. Executive Director Lawrence Chiu was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 07
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: S$0.011 loss per share (up from S$0.024 loss in FY 2020). Net loss: S$899.4k (loss narrowed 56% from FY 2020). Revenue was in line with analyst estimates. 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. 6 experienced directors. No highly experienced directors. Executive Director Lawrence Chiu was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 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. 6 experienced directors. No highly experienced directors. Lead Independent Director Patrick Chee was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: S$0.011 loss per share (up from S$0.024 loss in FY 2020). Net loss: S$899.0k (loss narrowed 56% from FY 2020). Revenue was in line with analyst estimates. 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 13% per year. Director Overboarding • Aug 10
Director Teck Kwong Chee has joined 5th company board Teck Kwong Chee has been appointed to the board of Sheng Siong Group Ltd (SGX:OV8). Chee now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Annonce • Jan 07
OneApex Limited, Annual General Meeting, Jan 28, 2021 OneApex Limited, Annual General Meeting, Jan 28, 2021, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the audited financial statements for the financial year ended 30 September 2020 together with the Directors' Statement and the Auditors' Report thereon; to consider re-election of directors; to approve the payment of directors fees; to re-appoint Messrs Ernst & Young LLP as external auditors of the company; to consider authority to allot and issue shares in the capital of the Company; to propose renewal of the Share Buy-Back Mandate; to propose Renewal of the IPT General Mandate; and to consider other matters. Annonce • Jul 30
Chew Eng Hoe completed the acquisition of 90% stake in Chew’s Food International Limited from OneApex Limited (Catalist:5SY). Chew Eng Hoe entered into a conditional sale and purchase agreement to acquire 90% stake in Chew’s Food International Limited from OneApex Limited (Catalist:5SY) for SGD 0.35 million on April 22, 2020. The Consideration shall be payable fully in cash on the date of completion. Upon completion of the disposal, Chew’s Food International Limited will cease to be a subsidiary of OneApex Limited. Chew’s Food International Limited reported net profit of SGD 0.1 million and book value of SGD 0.68 million for the year ending 2019. The transaction is subject to approval from the shareholders at a general meeting of OneApex Limited, third parties, governmental or regulatory body or relevant competent authority. As of May 5, 2020, the EGM will be held by way of electronic means on June 5, 2020. On June 5, 2020, OneApex Limited shareholders unanimously approved the deal. Completion shall take place within five business days from fulfilment and/or written waiver of all the conditions precedent in agreement. OneApex Limited intends to utilize the net proceeds for its general working capital requirements.
Chew Eng Hoe completed the acquisition of 90% stake in Chew’s Food International Limited from OneApex Limited (Catalist:5SY) on June 8, 2020. 