Annuncio • Apr 15
Nanyang New Development Limited, Annual General Meeting, Apr 30, 2026 Nanyang New Development Limited, Annual General Meeting, Apr 30, 2026, at 10:00 Singapore Standard Time. Location: 1003 bukit merah central, 01-10, inno centre, singapore 159836, Singapore Annuncio • Jul 08
Matex International Limited Announces Changes to Its Board Matex International Limited has received a requisition notice from Nanyang Commercial Management Pte. Ltd., the controlling shareholder, requiring the removal of Tan Pang Kee and Tan Guan Liang from office as a director of the Company with immediate effect from the date of the extraordinary general meeting (EGM). Additionally, Liu Shen and Kok Jun Yan are to be appointed as executive directors of the Company with immediate effect from the date of the EGM. Annuncio • May 16
Matex International Limited Announces Retirement of Foo Der Rong as Independent Director, Chairman of the Nominating Committee and A Member of the Audit Committee and Remuneration Committee Matex International Limited in its Annual General Meeting held on 28 April 2025 approved Retirement of Mr. Foo Der Rong as Director. He will not be seeking for re-election. Upon the retirement of Mr. Foo, he will cease as an Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee. Reported Earnings • Apr 13
Full year 2024 earnings released: S$0.007 loss per share (vs S$0.01 loss in FY 2023) Full year 2024 results: S$0.007 loss per share (improved from S$0.01 loss in FY 2023). Revenue: S$7.00m (down 4.8% from FY 2023). Net loss: S$2.65m (loss narrowed 20% from FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annuncio • Apr 11
Matex International Limited, Annual General Meeting, Apr 28, 2025 Matex International Limited, Annual General Meeting, Apr 28, 2025, at 10:00 Singapore Standard Time. Location: 1003 bukit merah central, 01-10, inno centre, singapore 159836, Singapore Reported Earnings • Mar 01
Full year 2024 earnings released Full year 2024 results: Revenue: S$7.00m (down 4.8% from FY 2023). Net loss: S$2.65m (loss narrowed 20% from FY 2023). New Risk • Jan 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% 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 (14% average weekly change). Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Market cap is less than US$10m (S$10.8m market cap, or US$8.01m). New Risk • Dec 18
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 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (S$6.51m market cap, or US$4.82m). Annuncio • Apr 30
Matex International Limited Appoints Chiang Yao Chong as Non-Executive Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee Matex International Limited appointed Chiang Yao Chong as Non-Executive Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee. Board Comments: The Board having considered the recommendation of the Nominating Committee and Mr. Chiang Yao Chong's ("Mr. Chiang") qualification and work experience, is of the view that Mr. Chiang has the requisite experience and capabilities to assume the duties and responsibilities of the Independent Director of the Company. Working Experience: March 2021 to Present: Peirce Capital Pte. Ltd. Singapore, Chief Executive Officer February 2015 to Present: Tuas Power Ltd, Singapore, Independent Board Director and Chairman of Audit and Risk Management Committee November 2017 to June 2020: CTBC Bank Co Ltd. (Taiwan), Singapore Branch, Chief Executive Officer February 2008 to October 2017: China CITIC Bank International Ltd, Hong Kong, China, Executive General Manager. Professional Qualifications: The Wharton School, USA, 2018, International Business Management Program Macquarie University, Sydney, Australia, 1995-1996, Master of Applied Finance (MAppFin) National University of Singapore, 1987-1989, Bachelor of Science (Economics) (BSc). Reported Earnings • Apr 14
Full year 2023 earnings released: S$0.01 loss per share (vs S$0.023 profit in FY 2022) Full year 2023 results: S$0.01 loss per share (down from S$0.023 profit in FY 2022). Revenue: S$7.35m (down 50% from FY 2022). Net loss: S$3.31m (down 146% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annuncio • Apr 06
Matex International Limited, Annual General Meeting, Apr 26, 2024 Matex International Limited, Annual General Meeting, Apr 26, 2024. Annuncio • Apr 05
Matex International Limited Announces the Retirement of John Chen Seow Phun as Non-Executive Chairman and Independent Director, Chairman of Audit Committee, Member of Nominating and Remuneration Committees Matex International Limited announced the retirement of John Chen Seow Phun as Non-Executive Chairman and Independent Director, Chairman of Audit Committee, member of Nominating and Remuneration Committees.Other DirectorShips Past: Hiap Seng Engineering Ltd; Hong Lai Huat Group Limited; Fu Yu Corporation Ltd; Tianjin Lanting Leasing Co. Ltd. (F.K.A. Pavillon Financial Leasing Co. Ltd); Pavillon Business Development (Shanghai) Co. Ltd; Fengchi IOT Management Co. Ltd; Exeterstar Holdings Pte Ltd. MHC Asia Holdings Pte Ltd. Other DirectorShips Present: JCL Business Development Pte. Ltd. (From 24 November 2001); JLM Foundation Ltd. (From 20 April 2015); OKP Holdings Limited (From 25 June 2002 to 23 April 2024); Pavillon Holdings Ltd. (From 13 December 2001 to 26 April 2024); PSC Corporation Ltd. (From 9 June 2003 to 25 April 2024); SAC Advisors Pte Ltd. (From 1 August 2018); SAC Capital Private Limited (From 12 February 2004); Tat Seng Packaging Group Ltd. (From 21 November 2005 to 25 April 2024); Sinostar Pec Holdings Ltd. (From 1 June 2021); Cosco Shipping International (Singapore) Co Ltd. (From 1 July 2023); Unigold Asia Limited (From 6 November 2001). Reported Earnings • Feb 28
Full year 2023 earnings released Full year 2023 results: Revenue: S$7.35m (down 50% from FY 2022). Net loss: S$3.31m (down 146% from profit in FY 2022). 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 Risk Market cap is less than US$10m (S$8.68m market cap, or US$6.46m). 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 (9.0% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Annuncio • Nov 17
Matex International Limited Announces Board Changes Matex International Limited announce the appointment of Ms. Sharon Lim Siew Choo as Joint Company Secretary and the resignation of Ms. Shirley Tan Sey Liy as Joint Company Secretary of the Company with effect from 15 November 2023. Following the above, the Joint Company Secretaries of the Company shall comprise of Ms. Sharon Lim Siew Choo and Mr. Seow Han Khye. Reported Earnings • Aug 16
First half 2023 earnings released: S$0.004 loss per share (vs S$0.008 loss in 1H 2022) First half 2023 results: S$0.004 loss per share (improved from S$0.008 loss in 1H 2022). Revenue: S$3.22m (down 59% from 1H 2022). Net loss: S$1.37m (loss narrowed 42% from 1H 2022). 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 5% per year, which means it is significantly lagging earnings growth. New Risk • Jun 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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 High level of non-cash earnings (131% accrual ratio). Market cap is less than US$10m (S$11.2m market cap, or US$8.29m). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (S$157k sold). Annuncio • Jun 27
Matex International Limited has completed a Follow-on Equity Offering in the amount of SGD 1.25 million. Matex International Limited has completed a Follow-on Equity Offering in the amount of SGD 1.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: SGD 0.025 Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: S$0.023 (vs S$0.016 loss in FY 2021) Full year 2022 results: EPS: S$0.023 (up from S$0.016 loss in FY 2021). Revenue: S$14.6m (down 30% from FY 2021). Net income: S$7.27m (up S$12.2m from FY 2021). Profit margin: 50% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 06
Full year 2022 earnings released Full year 2022 results: Revenue: S$14.6m (down 30% from FY 2021). Net income: S$7.27m (up S$12.2m from FY 2021). Profit margin: 50% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. 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. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Dao Fu Wang 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 • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$2.24m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. 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. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Dao Fu Wang 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 18
Full year 2021 earnings released: S$0.016 loss per share (vs S$0.024 loss in FY 2020) Full year 2021 results: S$0.016 loss per share (up from S$0.024 loss in FY 2020). Revenue: S$20.9m (down 15% from FY 2020). Net loss: S$4.93m (loss narrowed 23% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Annuncio • Apr 08
Matex International Limited, Annual General Meeting, Apr 15, 2022 Matex International Limited, Annual General Meeting, Apr 15, 2022, at 11:00 Singapore Standard Time. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: S$20.9m (down 15% from FY 2020). Net loss: S$4.93m (loss narrowed 23% from FY 2020). Revenue was in line with analyst estimates. Annuncio • Aug 27
Kunshan Everfast Chemical Science and Technology Co., Ltd. agreed to acquire Amly Chemicals Co., Ltd. from Matex International Limited (Catalist:M15) for SGD 10.5 million. Kunshan Everfast Chemical Science and Technology Co., Ltd. agreed to acquire Amly Chemicals Co., Ltd. from Matex International Limited (Catalist:M15) for SGD 10.5 million on August 26, 2021. A deposit of approximately 209,000 will be paid by the Purchaser to Matex International within 3 working days from the signing of the MOU and shall form part of the Consideration. Upon completion of the Proposed Disposal, ACL will cease to be a subsidiary of the Matex International. For the financial year ended 2020 (“FY2020”), ACL recorded SGD 7.9 million revenue and profit before tax of approximately SGD 108,200. The net asset value of ACL is SGD 6.03 million as at 31 December 2020. The Proposed Disposal is subject to the negotiation and execution of the equity transfer agreement (the “Definitive Agreement”). Matex International will be convening an EGM to seek the shareholders’ approval for the Proposed Disposal. Matex International will apply the consideration received from the Proposed Disposal of ACL for general working capital and to repay outstanding liabilities. Executive Departure • Mar 03
Joint Company Secretary has left the company On the 26th of February, Kok Liang Chew's tenure as Joint Company Secretary ended after 3.3 years in the role. We don't have any record of a personal shareholding under Kok Liang's name. A total of 3 executives have left over the last 12 months. Executive Departure • Mar 03
Joint Company Secretary has left the company On the 26th of February, Kuei Lian Siau's tenure as Joint Company Secretary ended after 3.3 years in the role. We don't have any record of a personal shareholding under Kuei Lian's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Feb 28
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: S$24.6m (down 36% from FY 2019). Net loss: S$6.38m (loss widened 2.0% from FY 2019). Annuncio • Feb 27
Matex International Limited Announces Change of Joint Company Secretaries The Board of Directors of Matex International Limited announce the appointment of Ms. Shirley Tan Sey Liy and Mr. Seow Han Khye as Joint Company Secretaries and the resignation of Mr. Chew Kok Liang and Ms. Siau Kuei Lian as Joint Company Secretaries of the Company with effect from 26 February 2021. 