Place Holdings(E27)株式概要ザ・プレイス・ホールディングス・リミテッドは投資持株会社で、中華人民共和国とシンガポールでメディアとイベント管理サービスを提供している。 詳細E27 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金0/6リスク分析過去1年間で収益は100%減少しました SG市場と比較して、過去 3 か月間の株価の変動が非常に大きい収益が 100 万ドル未満 ( SGD0 )意味のある時価総額がありません ( SGD24M )すべてのリスクチェックを見るE27 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueS$Current PriceS$0.004該当なし内在価値ディスカウントEst. Revenue$PastFuture-12m9m2016201920222025202620282031Revenue S$1.0Earnings S$0.08AdvancedSet Fair ValueView all narrativesThe Place Holdings Limited 競合他社Kin GlobalSymbol: Catalist:KINMarket cap: S$40.0mDezign Format GroupSymbol: Catalist:UZFMarket cap: S$36.0mAudience AnalyticsSymbol: Catalist:1AZMarket cap: S$57.2mshopper360Symbol: Catalist:1F0Market cap: S$6.9m価格と性能株価の高値、安値、推移の概要Place Holdings過去の株価現在の株価S$0.00452週高値S$0.00852週安値S$0.002ベータ0.451ヶ月の変化33.33%3ヶ月変化33.33%1年変化0%3年間の変化-50.00%5年間の変化-96.88%IPOからの変化-97.89%最新ニュースお知らせ • Mar 14The Place Holdings Limited, Annual General Meeting, Mar 31, 2026The Place Holdings Limited, Annual General Meeting, Mar 31, 2026, at 15:30 Singapore Standard Time. Location: suntec city convention centre meeting room 333, level 3, suntec singapore convention & exhibition centre, 1 raffl es boulevard, suntec city, singapore 039593, SingaporeNew Risk • Mar 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$11.8m (US$9.19m) 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 Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (41% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (S$11.8m market cap, or US$9.19m).New Risk • Mar 02New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (37% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (S$17.6m market cap, or US$13.9m).New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (43% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (S$41.2m market cap, or US$32.3m).Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Guat Kwang Yeo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Mar 02New minor risk - Financial data availabilityThe 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 Share price has been highly volatile over the past 3 months (47% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (S$1.5m revenue, or US$1.1m). Market cap is less than US$100m (S$17.6m market cap, or US$13.1m).最新情報をもっと見るRecent updatesお知らせ • Mar 14The Place Holdings Limited, Annual General Meeting, Mar 31, 2026The Place Holdings Limited, Annual General Meeting, Mar 31, 2026, at 15:30 Singapore Standard Time. Location: suntec city convention centre meeting room 333, level 3, suntec singapore convention & exhibition centre, 1 raffl es boulevard, suntec city, singapore 039593, SingaporeNew Risk • Mar 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$11.8m (US$9.19m) 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 Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (41% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (S$11.8m market cap, or US$9.19m).New Risk • Mar 02New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (37% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (S$17.6m market cap, or US$13.9m).New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (43% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (S$41.2m market cap, or US$32.3m).Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Guat Kwang Yeo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Mar 02New minor risk - Financial data availabilityThe 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 Share price has been highly volatile over the past 3 months (47% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (S$1.5m revenue, or US$1.1m). Market cap is less than US$100m (S$17.6m market cap, or US$13.1m).分析記事 • Aug 21We Think That There Are Issues Underlying Place Holdings' (SGX:E27) EarningsDespite announcing strong earnings, The Place Holdings Limited's ( SGX:E27 ) stock was sluggish. We think that the...お知らせ • Aug 03the Place Holdings Limited Announces Resignation of Sun Quan as Non-Executive DirectorThe Place Holdings Limited announced resignation of Sun Quan as Non-Executive Director with effect from 2 August 2024, to focus fully on managing and growing the business of Ascent Bridge Limited. Other DirectorShips Past: Overseas Chinese Headquarter Development Fund Global Impetus Bullion Fund Oriental Straits Fund II Starbright (Beijing) Culture Development Co., Ltd, Beijing Dejoera Investment Co., Ltd, Vanguard Resources Pte Ltd. Asia, Aviation Fund Capital Impetus Advisory Pte Ltd, Eaters Pte Ltd. Prosperous Chinese Food Pte Ltd. Other DirectorShips Present: Acumedical Inc. AcuClinics Acumedical Development Fund LLC, Ascent Bridge Limited Ascent Bridge (Singapore) Pte. Ltd, Capital Impetus Group Limited China Capital Asset Management Sdn. Bhd, China Capital Impetus Asset Management Pte Ltd, China Capital Impetus Fund, China Capital Impetus Investment Limited, Capital Impetus Asset Management LLC, CEL Impetus Corporate Finance Pte Ltd. Dejoera Holdings Ltd. Dejoera Investment Limited Dejoera Pte. Ltd., Galaxy-Impetus Fund I Meridian Group Limited Meridian Impetus Holdings Pte. Ltd. MTBL Global Fund (f.k.a. New Impetus Strategy Fund) MTBL Global Holdings Pte Ltd.New Risk • Mar 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% 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 Risk Share price has been highly volatile over the past 3 months (30% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (S$2.2m revenue, or US$1.7m). Market cap is less than US$100m (S$35.3m market cap, or US$26.5m).Reported Earnings • Mar 02Full year 2023 earnings released: EPS: S$0.001 (vs S$0.002 loss in FY 2022)Full year 2023 results: EPS: S$0.001 (up from S$0.002 loss in FY 2022). Net income: S$2.96m (up S$15.4m from FY 2022).New Risk • Mar 01New minor risk - Financial data availabilityThe 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 Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 78% per year over the past 5 years. Revenue is less than US$1m (S$932k revenue, or US$692k). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (S$35.3m market cap, or US$26.2m).Buying Opportunity • Jan 17Now 39% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be S$0.0083, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Jan 02Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be S$0.0081, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Dec 01The Place Holdings Limited Change of Company SecretaryThe board of directors of The Place Holdings Limited announced the resignation of Dr. Qiu Yang as the company secretary of the Company with effect from 1 December 2023, the appointment of Mr. Lim Heng Chong Benny and Ms. Jacqueline Anne Low as the joint secretaries of the Company with effect from 1 December 2023.分析記事 • Nov 30Estimating The Intrinsic Value Of The Place Holdings Limited (SGX:E27)Key Insights Using the 2 Stage Free Cash Flow to Equity, Place Holdings fair value estimate is S$0.008 Place Holdings...分析記事 • Nov 30Estimating The Fair Value Of The Place Holdings Limited (SGX:E27)Key Insights Place Holdings' estimated fair value is S$0.008 based on 2 Stage Free Cash Flow to Equity Place Holdings...Buying Opportunity • Nov 24Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be S$0.008, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Nov 08Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be S$0.008, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Oct 24Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be S$0.0081, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 19First half 2023 earnings released: EPS: S$0 (vs S$0 in 1H 2022)First half 2023 results: EPS: S$0 (in line with 1H 2022). Net loss: S$2.49m (loss widened 184% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.分析記事 • Aug 16We Think Place Holdings (SGX:E27) Can Easily Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...お知らせ • Jun 28+ 1 more updateThe Place Holdings Limited Announces Resignation of Tay Ai Li as Chief Financial OfficerThe Place Holdings Limited announced the Resignation of Ms. Tay Ai Li as Chief Financial Officer. Role And Responsibilities Executive. Ms. Tay was responsible for overseeing the full spectrum of financial activities of the Group. Other DirectorShips Present The Place Yuntai Investment Pte. Ltd. The Place Singapore Investment Pte. Ltd. New Vision Holding Pte. Ltd. Sky Vision Management Pte. Ltd. Meta Place Digital Pte. Ltd. Singapore Vast Universe Investment Pte. Ltd. Starplace Pte. Ltd. Sun Xin Investment Pte Ltd. Sun Oriental Pte Ltd. Diamond Era Management Pte Ltd. World Globe Management Pte Ltd. Xin Origin Investment Pte Ltd. One Tree Ideas Pte Ltd. Reason For Cessation: Ms. Tay Ai Li (‘Ms. Tay’) has been with the Group since July 2009. Ms. Tay had tendered her resignation as the Chief Financial Officer (‘CFO’) of the Company. The Board of Directors (the ‘Board’) had accepted Ms. Tay's resignation and mutually agreed on Ms. Tay's last working day with the Company to be 30 June 2023. Save as disclosed in this announcement, there are no other material reasons for the resignation of Ms. Tay as the CFO of the Company.Reported Earnings • Mar 01Full year 2022 earnings released: S$0.002 loss per share (vs S$0 in FY 2021)Full year 2022 results: S$0.002 loss per share (further deteriorated from S$0 in FY 2021). Net loss: S$12.3m (loss widened 329% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.分析記事 • Dec 27Is Place Holdings (SGX:E27) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Guat Kwang Yeo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Aug 15Does Place Holdings (SGX:E27) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Aug 05First half 2022 earnings releasedFirst half 2022 results: Net income: (down S$2.44m from profit in 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Insufficient new directorsNo 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. Independent Director Hee Kok Chng was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 13Full year 2021 earnings released: EPS: S$0 (vs S$0 in FY 2020)Full year 2021 results: EPS: S$0 (vs S$0 in FY 2020). Net loss: S$2.87m (down S$3.55m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.分析記事 • Apr 12Does Place Holdings (SGX:E27) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Board Change • Apr 01Insufficient new directorsNo 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. Independent Director Hee Kok Chng was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: S$0 (vs S$0 in FY 2020). Net loss: S$2.70m (down 493% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also 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 142 percentage points per year, which is a significant difference in performance.分析記事 • Dec 06Is Place Holdings (SGX:E27) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Hee Kok Chng was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • May 16Is Place Holdings (SGX:E27) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 01Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: S$1.13m (down 51% from FY 2019). Net income: S$684.0k (up S$604.0k from FY 2019). Profit margin: 61% (up from 3.5% in FY 2019). The increase in margin was driven by lower expenses.お知らせ • Jan 22The Place Holdings Limited Appoints Zhang Wei as Chief Strategy OfficerThe Place Holdings Limited announced that the Board of Directors, having reviewed, considered, assessed and concluded that Mr. Zhang Wei possesses the requisite qualifications and work experience to carry out his duties as a Chief Strategy Officer of the Company, have accordingly approved the appointment of Mr. Zhang Wei as a Chief Strategy Officer. The appointment is an executive position. Mr. Zhang Wei will be responsible for assisting the Executive Chairman with strategic planning, growth strategy and capital planning of the Group.お知らせ • Jan 01The Place Holdings Limited Announces Management ChangesThe Place Holdings Limited announced the resignation of Mr. Lim Heng Chong, Benny and Ms. Dai Lingna as Joint Company Secretaries of the Company with effect from 31 December 2020; and the appointment of Dr. Qiu Yang as the sole Company Secretary of the Company with effect from 31 December 2020.分析記事 • Dec 09Here's What The Place Holdings Limited's (SGX:E27) Shareholder Ownership Structure Looks LikeIf you want to know who really controls The Place Holdings Limited ( SGX:E27 ), then you'll have to look at the makeup...お知らせ • Dec 04The Place Holdings Limited Announces Strategic Collaboration Framework Agreement with MCC Land (Singapore) Pte. LtdThe board of directors of The Place Holdings Limited announced that the Company had on 2 December 2020, entered into a strategic collaboration framework agreement (the "Strategic Framework Agreement") with MCC Land (Singapore) Pte. Ltd. Pursuant to the Strategic Framework Agreement, the Parties have, in the interests of establishing a long term and mutually beneficial relationship, agreed to cooperate and collaborate in good faith in potential and upcoming construction and development of residential and commercial property projects, projects management, as well as development and management of cultural tourism projects. In particular, the Parties have intentions to collaborate on the development of 15 Enggor Street, Realty Centre, Singapore ("Realty Centre Project"). By way of background, the Group's 51% owned subsidiary New Vision Holding Pte. Ltd. ("New Vision") was awarded the tender for the acquisition by way of collective sale of all the strata units together with the common property comprised in the development known as 15 Enggor Street, Realty Centre, Singapore 079716 (the "Property"). For further details on the Realty Centre Project, please refer to the Company's circular to shareholders dated 22 July 2019. Pursuant to the Strategic Framework Agreement and such further definitive agreement(s) as may be required to be entered into, the Parties have contemplated, among other things, that MCC Land (Singapore) or its nominees shall invest in the Realty Centre Project ("MCC's Participation"). In connection with MCC's Participation, The Place Yuntai Investment Pte. Ltd. ("TPYI") (a wholly-owned subsidiary of the Company) intends to waive its right of first refusal with respect to any equity transfer in New Vision to MCC Land (Singapore) or its nominees. Shareholders shall note that parties to the Realty Centre Project will enter into such definitive agreement(s) relating to the above as may be necessary in due course and the Board will make such announcements on the same to update shareholders when such agreements have been entered into.株主還元E27SG MediaSG 市場7D0%0.5%3.8%1Y0%-4.1%28.9%株主還元を見る業界別リターン: E27過去 1 年間で-4.1 % の収益を上げたSG Media業界を上回りました。リターン対市場: E27は、過去 1 年間で28.9 % のリターンを上げたSG市場を下回りました。価格変動Is E27's price volatile compared to industry and market?E27 volatilityE27 Average Weekly Movement57.3%Media Industry Average Movement5.8%Market Average Movement5.9%10% most volatile stocks in SG Market15.0%10% least volatile stocks in SG Market2.4%安定した株価: E27の株価は、 SG市場と比較して過去 3 か月間で変動しています。時間の経過による変動: E27の 週次ボラティリティ は、過去 1 年間で43%から57%に増加しました。会社概要設立従業員CEO(最高経営責任者ウェブサイト1988n/aXianyong Fanwww.theplaceholdings.comザ・プレイス・ホールディングスは投資持株会社で、中華人民共和国とシンガポールでメディアとイベント管理サービスを提供している。デジタル・アウト・オブ・ホーム広告、オーバー・ザ・トップ広告、オンライン広告のほか、ゲーム・サービスも提供している。また、不動産の投資、開発、管理も行っている。さらに、研修旅行、舞台芸術・文化ツアー、祭りやその他の文化イベントへの旅行、遺跡や記念碑への訪問、自然、民間伝承、芸術を学ぶ旅行、巡礼などの文化観光活動の組織化にも携わっている。同社は以前はユーコン・ホールディング・リミテッドとして知られていたが、2017年5月にザ・プレイス・ホールディングス・リミテッドに社名を変更した。ザ・プレイス・ホールディングス・リミテッドは1988年に設立され、シンガポールを拠点としている。もっと見るThe Place Holdings Limited 基礎のまとめPlace Holdings の収益と売上を時価総額と比較するとどうか。E27 基礎統計学時価総額S$23.52m収益(TTM)-S$2.44m売上高(TTM)n/a0.0xP/Sレシオ-9.6xPER(株価収益率E27 は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計E27 損益計算書(TTM)収益S$0売上原価S$0売上総利益S$0その他の費用S$2.44m収益-S$2.44m直近の収益報告Dec 31, 2024次回決算日該当なし一株当たり利益(EPS)-0.00042グロス・マージン0.00%純利益率0.00%有利子負債/自己資本比率2.0%E27 の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/06/18 10:01終値2026/06/12 00:00収益2024/12/31年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋The Place Holdings Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Mar 14The Place Holdings Limited, Annual General Meeting, Mar 31, 2026The Place Holdings Limited, Annual General Meeting, Mar 31, 2026, at 15:30 Singapore Standard Time. Location: suntec city convention centre meeting room 333, level 3, suntec singapore convention & exhibition centre, 1 raffl es boulevard, suntec city, singapore 039593, Singapore
New Risk • Mar 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$11.8m (US$9.19m) 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 Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (41% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (S$11.8m market cap, or US$9.19m).
New Risk • Mar 02New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (37% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (S$17.6m market cap, or US$13.9m).
New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (43% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (S$41.2m market cap, or US$32.3m).
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Guat Kwang Yeo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Mar 02New minor risk - Financial data availabilityThe 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 Share price has been highly volatile over the past 3 months (47% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (S$1.5m revenue, or US$1.1m). Market cap is less than US$100m (S$17.6m market cap, or US$13.1m).
お知らせ • Mar 14The Place Holdings Limited, Annual General Meeting, Mar 31, 2026The Place Holdings Limited, Annual General Meeting, Mar 31, 2026, at 15:30 Singapore Standard Time. Location: suntec city convention centre meeting room 333, level 3, suntec singapore convention & exhibition centre, 1 raffl es boulevard, suntec city, singapore 039593, Singapore
New Risk • Mar 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: S$11.8m (US$9.19m) 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 Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (41% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Market cap is less than US$10m (S$11.8m market cap, or US$9.19m).
New Risk • Mar 02New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (37% average weekly change). Revenue has declined by 100% over the past year. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (S$17.6m market cap, or US$13.9m).
New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 (43% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (S$41.2m market cap, or US$32.3m).
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Guat Kwang Yeo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Mar 02New minor risk - Financial data availabilityThe 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 Share price has been highly volatile over the past 3 months (47% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (S$1.5m revenue, or US$1.1m). Market cap is less than US$100m (S$17.6m market cap, or US$13.1m).
分析記事 • Aug 21We Think That There Are Issues Underlying Place Holdings' (SGX:E27) EarningsDespite announcing strong earnings, The Place Holdings Limited's ( SGX:E27 ) stock was sluggish. We think that the...
お知らせ • Aug 03the Place Holdings Limited Announces Resignation of Sun Quan as Non-Executive DirectorThe Place Holdings Limited announced resignation of Sun Quan as Non-Executive Director with effect from 2 August 2024, to focus fully on managing and growing the business of Ascent Bridge Limited. Other DirectorShips Past: Overseas Chinese Headquarter Development Fund Global Impetus Bullion Fund Oriental Straits Fund II Starbright (Beijing) Culture Development Co., Ltd, Beijing Dejoera Investment Co., Ltd, Vanguard Resources Pte Ltd. Asia, Aviation Fund Capital Impetus Advisory Pte Ltd, Eaters Pte Ltd. Prosperous Chinese Food Pte Ltd. Other DirectorShips Present: Acumedical Inc. AcuClinics Acumedical Development Fund LLC, Ascent Bridge Limited Ascent Bridge (Singapore) Pte. Ltd, Capital Impetus Group Limited China Capital Asset Management Sdn. Bhd, China Capital Impetus Asset Management Pte Ltd, China Capital Impetus Fund, China Capital Impetus Investment Limited, Capital Impetus Asset Management LLC, CEL Impetus Corporate Finance Pte Ltd. Dejoera Holdings Ltd. Dejoera Investment Limited Dejoera Pte. Ltd., Galaxy-Impetus Fund I Meridian Group Limited Meridian Impetus Holdings Pte. Ltd. MTBL Global Fund (f.k.a. New Impetus Strategy Fund) MTBL Global Holdings Pte Ltd.
New Risk • Mar 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% 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 Risk Share price has been highly volatile over the past 3 months (30% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (S$2.2m revenue, or US$1.7m). Market cap is less than US$100m (S$35.3m market cap, or US$26.5m).
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: S$0.001 (vs S$0.002 loss in FY 2022)Full year 2023 results: EPS: S$0.001 (up from S$0.002 loss in FY 2022). Net income: S$2.96m (up S$15.4m from FY 2022).
New Risk • Mar 01New minor risk - Financial data availabilityThe 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 Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 78% per year over the past 5 years. Revenue is less than US$1m (S$932k revenue, or US$692k). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (S$35.3m market cap, or US$26.2m).
Buying Opportunity • Jan 17Now 39% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be S$0.0083, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Jan 02Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be S$0.0081, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Dec 01The Place Holdings Limited Change of Company SecretaryThe board of directors of The Place Holdings Limited announced the resignation of Dr. Qiu Yang as the company secretary of the Company with effect from 1 December 2023, the appointment of Mr. Lim Heng Chong Benny and Ms. Jacqueline Anne Low as the joint secretaries of the Company with effect from 1 December 2023.
分析記事 • Nov 30Estimating The Intrinsic Value Of The Place Holdings Limited (SGX:E27)Key Insights Using the 2 Stage Free Cash Flow to Equity, Place Holdings fair value estimate is S$0.008 Place Holdings...
分析記事 • Nov 30Estimating The Fair Value Of The Place Holdings Limited (SGX:E27)Key Insights Place Holdings' estimated fair value is S$0.008 based on 2 Stage Free Cash Flow to Equity Place Holdings...
Buying Opportunity • Nov 24Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be S$0.008, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Nov 08Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be S$0.008, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Oct 24Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 33%. The fair value is estimated to be S$0.0081, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 19First half 2023 earnings released: EPS: S$0 (vs S$0 in 1H 2022)First half 2023 results: EPS: S$0 (in line with 1H 2022). Net loss: S$2.49m (loss widened 184% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
分析記事 • Aug 16We Think Place Holdings (SGX:E27) Can Easily Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
お知らせ • Jun 28+ 1 more updateThe Place Holdings Limited Announces Resignation of Tay Ai Li as Chief Financial OfficerThe Place Holdings Limited announced the Resignation of Ms. Tay Ai Li as Chief Financial Officer. Role And Responsibilities Executive. Ms. Tay was responsible for overseeing the full spectrum of financial activities of the Group. Other DirectorShips Present The Place Yuntai Investment Pte. Ltd. The Place Singapore Investment Pte. Ltd. New Vision Holding Pte. Ltd. Sky Vision Management Pte. Ltd. Meta Place Digital Pte. Ltd. Singapore Vast Universe Investment Pte. Ltd. Starplace Pte. Ltd. Sun Xin Investment Pte Ltd. Sun Oriental Pte Ltd. Diamond Era Management Pte Ltd. World Globe Management Pte Ltd. Xin Origin Investment Pte Ltd. One Tree Ideas Pte Ltd. Reason For Cessation: Ms. Tay Ai Li (‘Ms. Tay’) has been with the Group since July 2009. Ms. Tay had tendered her resignation as the Chief Financial Officer (‘CFO’) of the Company. The Board of Directors (the ‘Board’) had accepted Ms. Tay's resignation and mutually agreed on Ms. Tay's last working day with the Company to be 30 June 2023. Save as disclosed in this announcement, there are no other material reasons for the resignation of Ms. Tay as the CFO of the Company.
Reported Earnings • Mar 01Full year 2022 earnings released: S$0.002 loss per share (vs S$0 in FY 2021)Full year 2022 results: S$0.002 loss per share (further deteriorated from S$0 in FY 2021). Net loss: S$12.3m (loss widened 329% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 27Is Place Holdings (SGX:E27) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Guat Kwang Yeo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Aug 15Does Place Holdings (SGX:E27) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 05First half 2022 earnings releasedFirst half 2022 results: Net income: (down S$2.44m from profit in 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Insufficient new directorsNo 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. Independent Director Hee Kok Chng was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 13Full year 2021 earnings released: EPS: S$0 (vs S$0 in FY 2020)Full year 2021 results: EPS: S$0 (vs S$0 in FY 2020). Net loss: S$2.87m (down S$3.55m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 12Does Place Holdings (SGX:E27) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Board Change • Apr 01Insufficient new directorsNo 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. Independent Director Hee Kok Chng was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: S$0 (vs S$0 in FY 2020). Net loss: S$2.70m (down 493% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also 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 142 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 06Is Place Holdings (SGX:E27) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Hee Kok Chng was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • May 16Is Place Holdings (SGX:E27) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 01Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: S$1.13m (down 51% from FY 2019). Net income: S$684.0k (up S$604.0k from FY 2019). Profit margin: 61% (up from 3.5% in FY 2019). The increase in margin was driven by lower expenses.
お知らせ • Jan 22The Place Holdings Limited Appoints Zhang Wei as Chief Strategy OfficerThe Place Holdings Limited announced that the Board of Directors, having reviewed, considered, assessed and concluded that Mr. Zhang Wei possesses the requisite qualifications and work experience to carry out his duties as a Chief Strategy Officer of the Company, have accordingly approved the appointment of Mr. Zhang Wei as a Chief Strategy Officer. The appointment is an executive position. Mr. Zhang Wei will be responsible for assisting the Executive Chairman with strategic planning, growth strategy and capital planning of the Group.
お知らせ • Jan 01The Place Holdings Limited Announces Management ChangesThe Place Holdings Limited announced the resignation of Mr. Lim Heng Chong, Benny and Ms. Dai Lingna as Joint Company Secretaries of the Company with effect from 31 December 2020; and the appointment of Dr. Qiu Yang as the sole Company Secretary of the Company with effect from 31 December 2020.
分析記事 • Dec 09Here's What The Place Holdings Limited's (SGX:E27) Shareholder Ownership Structure Looks LikeIf you want to know who really controls The Place Holdings Limited ( SGX:E27 ), then you'll have to look at the makeup...
お知らせ • Dec 04The Place Holdings Limited Announces Strategic Collaboration Framework Agreement with MCC Land (Singapore) Pte. LtdThe board of directors of The Place Holdings Limited announced that the Company had on 2 December 2020, entered into a strategic collaboration framework agreement (the "Strategic Framework Agreement") with MCC Land (Singapore) Pte. Ltd. Pursuant to the Strategic Framework Agreement, the Parties have, in the interests of establishing a long term and mutually beneficial relationship, agreed to cooperate and collaborate in good faith in potential and upcoming construction and development of residential and commercial property projects, projects management, as well as development and management of cultural tourism projects. In particular, the Parties have intentions to collaborate on the development of 15 Enggor Street, Realty Centre, Singapore ("Realty Centre Project"). By way of background, the Group's 51% owned subsidiary New Vision Holding Pte. Ltd. ("New Vision") was awarded the tender for the acquisition by way of collective sale of all the strata units together with the common property comprised in the development known as 15 Enggor Street, Realty Centre, Singapore 079716 (the "Property"). For further details on the Realty Centre Project, please refer to the Company's circular to shareholders dated 22 July 2019. Pursuant to the Strategic Framework Agreement and such further definitive agreement(s) as may be required to be entered into, the Parties have contemplated, among other things, that MCC Land (Singapore) or its nominees shall invest in the Realty Centre Project ("MCC's Participation"). In connection with MCC's Participation, The Place Yuntai Investment Pte. Ltd. ("TPYI") (a wholly-owned subsidiary of the Company) intends to waive its right of first refusal with respect to any equity transfer in New Vision to MCC Land (Singapore) or its nominees. Shareholders shall note that parties to the Realty Centre Project will enter into such definitive agreement(s) relating to the above as may be necessary in due course and the Board will make such announcements on the same to update shareholders when such agreements have been entered into.