공시 • Jun 24
Autagco Ltd. Announces Resignation of Ho Poh Khum from Chief Operating Officer AUTAGCO LTD. announced that there has been a change in the controlling shareholders of the Company, resulting in a corresponding change in the composition of the Management. In connection with this, Ms. Ho Poh Khum tendered her resignation as Chief Operating Officer of the Company. Ms. Ho was responsible for designing and implementing business strategies, plans and procedures of the Company and overseeing the day-to-day operations. Ms. Ho held past directorships at Bridge Alliance Asia Pte Ltd. (Struck Off), Chinese Junction Enrichment Centre Private Ltd. (Struck Off), Success Hub Pte. Ltd. (Struck Off), Yara Alliance Pte. Ltd. (Struck Off), Anchor of Life Venture Pte. Ltd., My Preschool Hub Pte. Ltd., Ten Ants Living Space Pte. Ltd., and Cosy Cove Living Pte. Ltd. Ms. Ho currently holds directorships within the Group at Communa Gold Pte. Ltd. and outside the Group at 36SLR Pte. Ltd., Anchor of Life Training Consultants Pte. Ltd., Aurelium Management Pte. Ltd., Aurelium Tech Pte. Ltd., Aurico Global Holdings Pte. Ltd., Auriprop Pte. Ltd., Auriwealth Pte. Ltd., Communa Global Pte. Ltd., Eighteen T Holdings Pte. Ltd., JC Global Developments Pte. Ltd., and XSS Laundromat Private Limited. Reported Earnings • Jun 11
Third quarter 2026 earnings released: EPS: S$0 (vs S$0 in 3Q 2025) Third quarter 2026 results: EPS: S$0 (in line with 3Q 2025). Revenue: S$253.0k (down 39% from 3Q 2025). Net loss: S$835.0k (loss widened 111% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Jun 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Non-Executive Non-Independent Director Patrick Loke is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • May 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 77% 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 (56% average weekly change). Negative equity (-S$3.3m). Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Revenue is less than US$1m (S$1.2m revenue, or US$976k). Market cap is less than US$10m (S$11.5m market cap, or US$9.02m). Board Change • May 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Chairman & CEO Boon Hui Ng is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 18
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-S$3.3m). Earnings have declined by 10% per year over the past 5 years. Revenue is less than US$1m (S$1.2m revenue, or US$953k). Market cap is less than US$10m (S$5.21m market cap, or US$4.09m). 
