Avarga Limited, an investment holding company, manufactures and sells paper products in Canada, the United States, Malaysia, Singapore, Sri Lanka, and internationally. It operates in three segments: Paper Mill Division, Wholesale Distribution of Building Products, and Others. The company manufactures and sells industrial-grade paper products from recycled wastepaper, such as testliner, corrugating medium, chip board, and core board that are primarily used to manufacture corrugated carton boxes and other finished paper products; and provides management services. It also collects and trades in wastepaper products. In addition, the company distributes building materials, such as lumber, panels, mouldings, sidings, engineered wood, flooring, roofing, insulation, and others. Further, it trades in recycled fibre; and engages in investment activities. The company exports its products to Pacific Rim countries, Central and South America, the Middle East, and Europe. The company was formerly known as UPP Holdings Limited and changed its name to Avarga Limited in April 2018. Avarga Limited was incorporated in 1967 and is headquartered in Singapore. Avarga Limited is a subsidiary of Maybank Nominees (Singapore) Private Limited.
Singaporean Market Performance
7D7 Days: -1.2%
3M3 Months: 9.8%
1Y1 Year: 27.1%
YTDYear to Date: 11.8%
Over the last 7 days, the market has dropped 2.7%, driven by a pullback of 2.4% in the Financials sector. As for the longer term, the market has actually risen by 21% in the last year. Looking forward, earnings are forecast to grow by 7.1% annually. Market details ›
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