공시 • Apr 07
Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026 Sarine Technologies Ltd., Annual General Meeting, Apr 29, 2026, at 15:00 Singapore Standard Time. Location: britannia room, level 3, nco club, at the jw marriot singapore south beach hotel, 30 beach rd, singapore 189763, Singapore 공시 • Aug 19
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million. Sarine Technologies Ltd. (SGX:U77) signed a non-binding letter of intent term sheet to acquire 33% stake in KITOV AI Ltd on February 23, 2025. The transaction is subject to the usual due diligence reviews and to reaching and executing a definitive agreement, a majority share in Kitov.AI against an all-cash consideration.
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 33% stake in KITOV AI Ltd for $4.1 million on August 18, 2025. The concluded deal includes an initial cash investment of $4.1 million in consideration of a just over 33% stake in Kitov.ai, paid in part to the existing shareholders of Kitov.ai and in part infused into Kitov.ai as working capital. Sarine is also lending Kitov.ai an additional $2.6 million, in the form of a convertible loan, which, not before 01 January 2027 and not after 15 February 2028, can be converted, at Sarine’s sole discretion, into additional equity shares, bringing Sarine's total stake in Kitov.ai to 51%. If Sarine does not convert the the aforesaid convertible loan, the aggregate consideration payable by Sarine for its 33% of Kitov.ai's shares shall be $4.1M and the said convertible loan shall bear interest and be payable to Sarine. Kitov.ai will retain the founding visionaries and the core R&D team, has engaged a new manager of its U.S. operations and will be engaging new C-suite executives and a new Product/Business Manager. 공시 • Apr 03
Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025 Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2025, at 15:00 Singapore Standard Time. Location: the empress ballroom 1, level 2, singapore carlton hotel, 76 bras basah rd., singapore 189558, Singapore 공시 • Apr 03
Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024 Sarine Technologies Ltd., Annual General Meeting, Apr 24, 2024, at 15:00 Singapore Standard Time. Location: e Empress Ballroom 1, Level 2, at the Singapore, Carlton Hotel, 76 Bras Basah Rd Singapore Singapore Agenda: To receive and consider the audited accounts for the year ended 31 December 2023 and the reports of the directors and auditors thereon; to re-appoint Somekh Chaikin Certified Public Accountants (Isr.), Member firm of KPMG International and Chaikin, Cohen, Rubin and Co., Certified Public Accountants (Isr.) as external auditors and to authorise the Board of Directors to fix their remuneration; to approve 2024 2026 Remuneration Policy; to approve 2024 Remuneration Package for Daniel Benjamin Glinert, Executive Chairman of the Board; to approve 2024 Remuneration Package for David Block, CEO; and to consider other matters. 공시 • Jan 19
Sarine Technologies Ltd. Announces Launch of the Most Valuable Planning Software Sarine Technologies Ltd. announced the launch of the Most Valuable Planning software, which yet again redefines the limits of rough diamond planning, generating up to 5% added value from the polished diamonds derived. Sarine has again revolutionised the planning of rough diamonds with its launch of the Most Valuable Planning (MVP) software. The next generation planning algorithm, currently introduced for very small rough diamonds of half a carat and below, generates significant added value to the polished output, dependent also on the quality of the rough on which it is applied. Initial beta runs show up to 5% additional value. The new planning solution is a fully automated cloud-based service, thus also reducing the manpower involved in the planning process, bringing additional cost-savings and efficiencies to the manufacturer. The development of the paradigm will continue so as to be applicable to rough diamonds in the 50-90 points range later this year, and will be further extended in 2025 to larger sizes. MVP will be offered as an optional service to the Advisor® 8.0 rough planning software package, and will be charged on a per-use basis. As the domain which MVP addresses is very extensive (tens of millions of stones of these sizes are scanned annually on Sarine Galaxy® systems and hundreds of millions are polished) and its added value significant, The company expects a new recurring revenue stream to be generated from its adoption over time. The Company also expect the MVP to drive additional sales of the Galaxy® MeteoriteTM Plus and reduce the appeal of illegally infringed IP systems. The MVP is, as aforementioned, cloud based, which provides an additional layer of IP protection in this highly competitive segment. Concurrent with the extension of MVP to the 50-90 point segment of stones, The Company will introduce later this year a new model Galaxy® MeteorTM Plus, with similar throughput and automation benefits as implemented in the Galaxy® MeteoriteTM Plus model. 공시 • Jul 07
Sarine Technologies Ltd. Announces the Introduction of Carbonvero Sarine Technologies Ltd. announced the introduction of CarbonVERO, a ground-breaking unique offering that meticulously records the energy consumption and carbon footprint of each individual diamond, from its origin as mined rough to its exquisite polished form. The resultant exhaustive data is made accessible via Sarine's Diamond Journey traceability solution. This pioneering innovation is the result of a strategic collaboration with highly respected diamond manufacturer and trader Andre Messika Ltd. and The Carbon Trust, a renowned authority in carbon emissions assessment. never before has a rough diamond manufacturing facility measured each individual stage of the cutting and polishing process to achieve a cumulative result on the process' environmental impact. This data will now be accrued and accessible as another layer of information in Sarine's Diamond Journey traceable reporting, covering scopes 1, 2 and 3 data - from the mined source extraction process through to the cutting and polishing of the final product, with further capability to include freight and distribution impacts from the factory right up until the polished diamond reaches the customer's door. Andre Messika Ltd. will apply CarbonVERO, a construct for capturing raw data, to all its Namibian sourced diamonds, providing supply chain insights and adding a new layer to traceability - tracing the carbon impact. While many organizations are undertaking various types of carbon footprinting, this is the first time in the diamond industry where the actual measurement and calculation of the energy consumption and CO2 emissions from mined rough to polished gem for each individual diamond will be provided. CarbonVERO will empower both B2B manufacturers and B2C diamond brands to disclose key environmental impact data transparently to their customers. Board Change • Jul 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. 4 experienced directors. 3 highly experienced directors. Independent Director Boon Ann Sin 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. 공시 • May 24
Sarine Technologies Ltd. Approves the Final Dividend for the Year Ended 31 December 2022 Sarine Technologies Ltd. approved the final dividend of US cent 1.0 (gross) per share less tax (as applicable) for the year ended 31 December 2022, at the AGM held on April 24, 2023. 공시 • May 12
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family for $5.65 million. Sarine Technologies Ltd. (SGX:U77) signed a non-binding MOU to acquire an unknown majority stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on January 11, 2023. Under the terms of the transaction, Sarine will pay the consideration in all cash. The transaction is subject to the due diligence reviews and to reaching and executing a definitive agreement.
Sarine Technologies Ltd. (SGX:U77) completed the acquisition of 70% stake in Gem Certification & Assurance Lab, Inc. from Palmieri Family on May 9, 2023. Upcoming Dividend • Apr 21
Upcoming dividend of US$0.01 per share at 8.8% yield Eligible shareholders must have bought the stock before 28 April 2023. Payment date: 12 May 2023. Payout ratio and cash payout ratio are on the higher end at 100% and 88% respectively. Trailing yield: 8.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%). 공시 • Nov 14
Sarine Technologies Ltd. Announces Special Dividend Distribution, Payable on 9 December 2022 The Board of Sarine Technologies Ltd. has declared a special interim dividend of 0.5 US cent. The dividend is expected to be paid on 9 December 2022. 공시 • Sep 16
Sarine Technologies Ltd. Releases MeteoriteTM Plus - New and Revolutionary Addition to Galaxy® Scanners Sarine Technologies Ltd. announced that it has released a new revolutionary model of the Galaxy® systems - the MeteoriteTM Plus. The MeteoriteTM Plus system embodies a completely innovative solution to the need to enable cost-effective high-speed and high-accuracy scanning for optimised planning of small rough diamonds, so that maximal value is ensured. The value proposition of the MeteoriteTM Plus has been extensively improved by significantly reducing the cost of ownership. This has been achieved by two substantial breakthroughs - 50% higher productivity and the implementation of enhanced automation so that a single operator can now control and run up to five systems simultaneously. All this has been made possible by the development of completely new and advanced algorithms implemented by Sarine's leading specialists - mathematicans, system engineers and software developers. The new system's sweeping innovations replace significant heretofore manual processes with automatic solutions - yet another example of how advanced technology results in substantial efficiency progress. 공시 • Aug 17
Sarine Technologies Ltd. Announces e-GradingTM Sarine Technologies Ltd. announced the rollout of its AI-based e-GradingTM to the midstream manufacturing segment of the diamond supply chain, enabling objective, accurate, consistent automated grading directly on-site, concurrent with the completion of the polishing process. With its e-GradingTM rollout, Sarine is also introducing its second-generation of AI-empowered grading technologies with the Sarine Clarity-IITM and an updated version of Sarine ColorTM, for even more accurate and consistent grading. The Sarine Clarity-IITM provides grading across the entire spectrum of grades, from I to VVS. In addition, these second generation grading technologies will extend the limits of diamond evaluation beyond the traditional 4Cs. Sarine Clarity-IITM has the capability to evaluate a variety of commercial sorting parameters, including Black in Table (BIT), Black in Crown (BIC) etc. Similarly, the advanced Sarine ColorTM provides for additional refining of the Color grade, by assessing fluorescence and tinge. Sarine e-GradingTM is currently being rolled out to an expanded number of interested diamond manufacturers, having successfully completed advanced testing at several of India's top-tier diamond manufacturers. With an emphasis placed on creating an efficient value chain, saving costs and increasing the margin for manufacturers and retailers, Sarine is set to reimagine the diamond industry once again. Reported Earnings • Aug 09
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$12.6m from profit in 1H 2021). Profit margin: (down from 35% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 9.5% growth forecast for the industry in Germany. 공시 • May 27
Sarine Technologies Ltd. Approves Final Dividend for the Year Ended 31 December 2021 Sarine Technologies Ltd. announced that at its AGM held on 26 April 2022, the shareholders approved final dividend of US 1.0 cent (gross) per share less tax (as applicable) for the year ended 31 December 2021. 공시 • May 23
Sarine Technologies Ltd. Announces Galaxy Inclusion Mapping Systems Offer New Pay Per Value Service Sarine Technologies Ltd. announced that its Galaxy® family of scanning and inclusion mapping systems is now offering a Pay Per Value (PPV) service. Since its introduction in 2009, pricing of the inclusion mapping services offered by Galaxy® family of systems has been solely based on the weight of the scanned goods, derived from a Price-Per-Carat (PPC) price list. This often created conditions where it was less economical, or even economically unviable, to scan even large lower quality rough diamonds. Derived once again from artificial intelligence (AI) technology, they have developed a classifier that, based on their overall internal features, automatically recognises the value of natural rough diamonds as being under a certain value per carat, currently for stones from 2.5 to 10 carats. The new PPV feature utilises this new technology to classify the natural rough diamonds value range and automatically discounts the PPC pricing to adjust for the stones' realistic value. This empowers cost effective scanning of lower quality stones, which have not been scanned to date as the value proposition did not support their scanning, significantly broadening the addressable market for Galaxy® services. As they are continuing to develop AI classifiers to additional quality /price ranges, they will ultimately be able to provide cost-effective inclusion scanning services for virtually all rough diamonds. Reported Earnings • Apr 06
Full year 2021 earnings released: EPS: US$0.047 (vs US$0.007 in FY 2020) Full year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 8.0% compared to a 10% growth forecast for the industry in Germany. 공시 • Apr 04
Sarine Technologies Ltd. Recommends Final Dividend for the Full Year Ended December 31, 2021, Payable on May 19, 2022 The Board of Directors of Sarine Technologies Ltd. recommended the Annual General Meeting approve a final dividend of US 1.0 cent per ordinary share for the full year ended December 31, 2021. Pursuant to the approval of the Annual General Meeting of the Company's shareholders to be held on April 26, 2022, the company expects to pay a USD 3.5 million dividend on May 19, 2022, with record date on May 9, 2022. Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.047 (up from US$0.007 in FY 2020). Revenue: US$62.1m (up 52% from FY 2020). Net income: US$16.5m (up US$14.1m from FY 2020). Profit margin: 27% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Over the next year, revenue is forecast to grow 15%, compared to a 11% growth forecast for the industry in Germany. 공시 • Feb 24
Sarine Technologies Ltd Announces Release of New and Advanced Version of its Advisor® Rough Diamond Planning Software Advisor® 8.0 Sarine Technologies Ltd. announced the release of new and most advanced ever version of its Advisor® rough diamond planning software Advisor® 8.0. The company introduced a solution specifically tailored to benefit this very significant segment of the value chain. Advisor® 8.0 thus implements features specifically designed to benefit polishers of rough diamonds in this sub-market. Advisor® 8.0 is only one element in a chain of upcoming developments, which will bolster the company’s offerings for the smaller stones segment. Notably, this trend has also manifested itself in the dramatic proliferation of the company’s MeteoriteTM model. The new version incorporates more than 20 new features along with the refinement of existing processes, all focused on three core drives - generating more value, by extracting more polished yield from a given rough stone, increased productivity shorter run cycles and augmented automation reducing the need for human interaction and thus precluding possible human errors, allowing offline (off hours /off shift) operation, including overnight autonomous operation and even automatic recovery from system failures.