Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: US$0.009 (vs US$0.017 in FY 2024) Full year 2025 results: EPS: US$0.009 (down from US$0.017 in FY 2024). Revenue: US$332.3m (down 33% from FY 2024). Net income: US$10.7m (down 48% from FY 2024). Profit margin: 3.2% (down from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Apr 15
Vallianz Holdings Limited, Annual General Meeting, Apr 29, 2026 Vallianz Holdings Limited, Annual General Meeting, Apr 29, 2026, at 10:00 Singapore Standard Time. Location: 438 alexandra road, connect @ alexandra point, level 2, singapore 119958, Singapore New Risk • Mar 17
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 13% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (S$64.2m market cap, or US$50.2m). Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: US$0.009 (vs US$0.017 in FY 2024) Full year 2025 results: EPS: US$0.009 (down from US$0.017 in FY 2024). Revenue: US$332.3m (down 33% from FY 2024). Net income: US$10.7m (down 48% from FY 2024). Profit margin: 3.2% (down from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 19
First half 2025 earnings released: EPS: US$0.003 (vs US$0.002 in 1H 2024) First half 2025 results: EPS: US$0.003 (up from US$0.002 in 1H 2024). Revenue: US$197.2m (down 24% from 1H 2024). Net income: US$3.56m (up 46% from 1H 2024). Profit margin: 1.8% (up from 0.9% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 17
Full year 2024 earnings released: EPS: US$0.017 (vs US$0.001 in FY 2023) Full year 2024 results: EPS: US$0.017 (up from US$0.001 in FY 2023). Revenue: US$497.9m (up 95% from FY 2023). Net income: US$20.4m (up US$19.1m from FY 2023). Profit margin: 4.1% (up from 0.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Apr 14
Vallianz Holdings Limited, Annual General Meeting, Apr 29, 2025 Vallianz Holdings Limited, Annual General Meeting, Apr 29, 2025, at 10:00 Singapore Standard Time. Location: 438 alexandra road, connect alexandra point, level 2, singapore 119958, Singapore Announcement • Feb 28
Vallianz Holdings Limited Appoints Lam Khee Chong as Chief Project Officer, Effective March 1, 2025 Vallianz Holdings Limited announced that the Nominating Committee has reviewed the qualifications and experience of Mr. Lam Khee Chong and is of the view that Mr. Lam Khee Chong has the requisite qualifications and working experience. On the recommendation by the Nominating Committee, the Board accepted and approved the appointment of Mr. Lam Khee Chong as Chief Project Officer of the Company. Role And Responsibilities: Executive. He is responsible for leading the Group's newbuild management services and engineering services divisions, driving strategic initiatives to enhance operational efficiency, project execution and technical innovation. Job Title: Chief Project Officer. Working Experience: Project Director of Keppel Offshore and Marine (May 2012 - July 2023) Director, Newbuilding & Engineering of Vallianz Shipbuilding and Engineering Pte Ltd. (February 2024 - present), Other DirectorShips Present: Vallianz Shipbuilding and Engineering Pte Ltd. Director Experience Details: Not applicable as Mr. Lam Khee Chong is appointed as Chief Project Officer of the Company. Professional Qualifications: Master of Science (Marine Technology International), University of Newcastle Upon Tyne Master of Business Administration, National University of Singapore Bachelor of Engineering (Civil), National University of Singapore. Appointment Date is March 1, 2025. New Risk • Feb 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (S$50.9m market cap, or US$38.1m). Reported Earnings • Feb 22
Full year 2024 earnings released: EPS: US$0.017 (vs US$0.002 in FY 2023) Full year 2024 results: EPS: US$0.017 (up from US$0.002 in FY 2023). Revenue: US$497.9m (up 74% from FY 2023). Net income: US$20.4m (up US$18.1m from FY 2023). Profit margin: 4.1% (up from 0.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jan 20
Vallianz Holdings Limited Announces Change of Company Secretary The Board of Directors of Vallianz Holdings Limited announced the appointment of Ms. Chiang Wai Ming as Company Secretary in place of Ms. Pan Mi Keay with effect from 20 January 2025. Reported Earnings • Aug 15
First half 2024 earnings released: EPS: US$0.002 (vs US$0.001 loss in 1H 2023) First half 2024 results: EPS: US$0.002 (up from US$0.001 loss in 1H 2023). Revenue: US$259.7m (up 219% from 1H 2023). Net income: US$2.44m (up US$3.29m from 1H 2023). Profit margin: 0.9% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: US$0.002 (vs US$0.003 loss in FY 2022) Full year 2023 results: EPS: US$0.002 (up from US$0.003 loss in FY 2022). Revenue: US$286.2m (up 134% from FY 2022). Net income: US$2.30m (up US$5.64m from FY 2022). Profit margin: 0.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Apr 12
Vallianz Holdings Limited, Annual General Meeting, Apr 29, 2024 Vallianz Holdings Limited, Annual General Meeting, Apr 29, 2024, at 10:00 Singapore Standard Time. Location: 1 HarbourFront Avenue, #13-03 Keppel Bay Tower Singapore Singapore Agenda: To receive and adopt the Audited Financial Statements of the Company for the financial period from 1 April 2023 to 31 December 2023 together with the Directors' Statement and the Independent Auditor's Report thereon; to consider re-election of Directors; to approve the payment of Directors' fees; to re-appoint Messrs CLA Global TS Public Accounting Corporation as Auditor of the Company to hold office until the conclusion of the next AGM of the Company, and to authorize the Directors to fix the remuneration of Messrs CLA Global TS Public Accounting Corporation; and to transact any other ordinary business which may be properly transacted at an AGM. Announcement • Mar 08
Vallianz Holdings Limited Announces Finance Director Changes Vallianz Holdings Limited announced the nominating committee has reviewed and assessed the qualifications, working experience and suitability of Ms. Ng Kah Poh, Joanna (Ms. Ng), and is of the view that Ms. Ng has the requisite qualifications and working experience. On the recommendation by the Nominating Committee, the board of directors unanimously approved the appointment of Ms. Ng as Finance Director of the company. Ms. Ng will replace Mr. Lean Soon Huei, whose last day with the company is on 18 April 2024, as the finance director of the company. Working Experience: March 2023 to December 2023 Chief Financial Officer, Stamford Land Corporation Ltd. Chief Financial Officer, Singapore Shipping Corporation Limited December 2022 to February 2023 Deputy Chief Financial Officer, Stamford Land Corporation Ltd. Deputy Chief Financial Officer, Singapore Shipping Corporation Limited July 2018 to December 2022 Senior Vice President (Group Finance), Tat Hong Holdings Ltd. August 2014 to June 2018 Vice President (Group Finance), Tat Hong Holdings Ltd. September 2011 to July 2014 Financial Controller, MTQ Corporation Limited. Other DirectorShips Past: 1. HSH Contractors Pte Ltd. 2. Singapore Wallcoverings Centre (Private) Limited 3. Sir Stamford Hotels & Resorts Pte Ltd. 4. Stamford Holdings (Australia) Pte. Ltd. 5. Stamford Land Pte. Ltd. 6. Stamford Land Management Pte Ltd. 7. Voyager Travel Pte Ltd. 8. Stamford Investments Pte. Ltd. 9. Stamford Holdings (International) Pte. Ltd. 10. Stamford Holdings (UK) Pte. Ltd. 11. Stamford FC (60) Pte. Ltd. 12. Stamford Land Development (Singapore) Pte. Ltd. 13. Stamford Land Development 1 Pte. Ltd. 14. Dickensian Holdings Ltd. 15. Stamford Mayfair Limited 16. Stamford Residences Sydney (2011) Ltd. as Trustee for Stamford Residences Sydney (2011) Trust 17. SLC Campsie Pty Ltd. 18. Stamford Brisbane Investments Pty Ltd. 19. Stamford Hotels and Resorts Pty Limited 20. Stamford Hotels Pty Ltd. 21. Stamford Plaza Sydney Management Pty Limited 22. Stamford Raffles Pty Ltd. 23. SPM Management (2020) Pty Ltd. 24. Stamford Circular Quay Investments Pty Ltd. 25. Stamford Hotel Management (NZ) Limited. Professional Qualifications: Bachelor of Accountancy, Nanyang Technological University. Appointment date is 19 April 2024. Announcement • Nov 04
Vallianz Holdings Limited Announces Management Changes, Effective November 4, 2023 Vallianz Holdings Limited announced the resignation of Mr. Bote de Vries as the Lead Independent Non-Executive Director, Chairman of the Audit Committee and a member of Nominating Committee and Remuneration Committee of the Company with effect from 4 November 2023. Following the resignation of Mr. de Vries, he has also ceased as the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee of the Company. Following the resignation of Mr. de Vries, he has also ceased as the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee of the Company. Consequent to the above, the Board had accepted the following recommendations of the Nominating Committee: Appointment of Mr. Chong Chee Keong Chris ("Mr. Chong"), currently an Independent Non- Executive Director of the Company, as the Lead Independent Non-Executive Director with effect from 4 November 2023; and Appointment of Mr. Kevin Wong Chee Fatt, currently an Independent Non-Executive Director of the Company, as the Chairman of the Audit Committee with effect from 4 November 2023. The appointment of Mr. Chong as the Lead Independent Non-Executive Director is in line with Provision3.3 of the Code of Corporate Governance where the Chairman of the Board is not independent. This appointment also reflects the Company's continuous effort to ensure that good corporate practices are being adopted. The composition of the Board and Board Committees with effect from 4 November 2023 shall be as follows: The composition of the Board and Board Committees with effect from 4 November 2023 shall be as follows: Board of Directors Mr. Osman Aly Ibrahim Hassanein (Non-Executive Director and Chairman), Mr. Ling Yong Wah (Executive Director and Chief Executive Officer),Mr. Chong Chee Keong Chris (Lead Independent Non-Executive Director) Mr. Kevin Wong Chee Fatt (Independent Non-Executive Director) Audit Committee,Mr. Kevin Wong Chee Fatt (Chairman) Mr. Chong Chee Keong Chris,Mr. Osman Aly Ibrahim Hassanein . Nominating Committee:Mr. Chong Chee Keong Chris (Chairman), Mr. Osman Aly Ibrahim Hassanein, Mr. Kevin Wong Chee Fatt, Remuneration Committee: Mr. Chong Chee Keong Chris (Chairman), Mr. Osman Aly Ibrahim Hassanein,Mr. Kevin Wong Chee Fatt. Announcement • Nov 03
Vallianz Holdings Limited announced that it has received $6.6 million in funding Vallianz Holdings Limited announced a private placement to issue Series B Convertible Bonds for the gross proceeds of $6,600,000 on November 1, 2023. The bonds will mature on 2029. Announcement • Nov 01
Vallianz Holdings Limited to Report First Half, 2024 Results on Nov 14, 2023 Vallianz Holdings Limited announced that they will report first half, 2024 results on Nov 14, 2023 Reported Earnings • Jul 19
Full year 2023 earnings released: US$0.008 loss per share (vs US$0.003 loss in FY 2022) Full year 2023 results: US$0.008 loss per share (further deteriorated from US$0.003 loss in FY 2022). Revenue: US$149.2m (up 133% from FY 2022). Net loss: US$9.48m (loss widened 301% from FY 2022). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 01
Full year 2023 earnings released: US$0.008 loss per share (vs US$0.003 loss in FY 2022) Full year 2023 results: US$0.008 loss per share (further deteriorated from US$0.003 loss in FY 2022). Revenue: US$149.2m (up 133% from FY 2022). Net loss: US$9.48m (loss widened 301% from FY 2022). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • May 25
Vallianz Holdings Limited to Report Fiscal Year 2023 Results on May 30, 2023 Vallianz Holdings Limited announced that they will report fiscal year 2023 results on May 30, 2023 Announcement • Nov 22
Vallianz Holdings Limited Announces Resignation of Yeo Chee Neng as Executive Director, effective from December 31, 2022 The Board of Directors of Vallianz Holdings Limited announced the resignation of Mr. Yeo Chee Neng ("Mr Yeo") as the Executive Director and Vice Chairman of the Company, with effect from December 31, 2022, to pursue other interests. However, in light of Mr. Yeo's extensive connections, experience and expertise in the offshore marine industry, the Company will retain his service as Advisor to the Chairman to continue to support and assist in the strategic business development of the Group, with effect from 1 January 2023. The day-to-day operations of the Group will continue to be overseen by the Executive Director and CEO of the Group. Consequent to the above, the composition of the Board is as follows: Board of Directors: Mr. Osman Aly Ibrahim Hassanein (Non-Executive Director and Chairman); Mr. Ling Yong Wah (Executive Director and Chief Executive Officer); Mr. Bote de Vries (Lead Independent Non-Executive Director); Mr. Chong Chee Keong Chris (Independent Non-Executive Director). The Board committees will remain unchanged as follows: Audit Committee: Mr. Bote de Vries (Chairman); Mr. Chong Chee Keong Chris; Mr. Osman Aly Ibrahim Hassanein. Nominating Committee: Mr. Chong Chee Keong Chris (Chairman); Mr. Bote de Vries; Mr. Osman Aly Ibrahim Hassanein. Remuneration Committee: Mr. Chong Chee Keong Chris (Chairman); Mr. Bote de Vries; Mr. Osman Aly Ibrahim Hassanein. Reported Earnings • Nov 16
First half 2023 earnings released: US$0.003 loss per share (vs US$0.016 loss in 1H 2022) First half 2023 results: US$0.003 loss per share (improved from US$0.016 loss in 1H 2022). Revenue: US$54.9m (up 137% from 1H 2022). Net loss: US$3.85m (loss narrowed 57% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Nov 12
Vallianz Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 September 2022 Vallianz Holdings Limited provided group earnings guidance for the six months ended 30 September 2022. For the period, the group expects to make a loss. Announcement • Sep 24
Vallianz Holdings Limited Announces Board Changes The Board of Directors of Vallianz Holdings Limited refer to the Company's announcement dated 27 June 2022 on the resignation of Mr. Poon Siew Loong ("Mr. Poon") as the Independent Non-Executive Director of the Company with effect from 27 June 2022. Following his resignation, Mr. Poon also ceased as the Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee of the Company. The Company and Nominating Committee of the Company has recommended, and the Board (except for Mr. Osman Ibrahim (Non-Executive Non-Independent Chairman) who had abstained from deliberation) has approved, that Mr. Osman Ibrahim be appointed as a member of the Board Committees with effect from 23 September 2022. The Board considers Mr. Osman Ibrahim to be non-independent for the purpose of Rule 704(7) of the Catalist Rules. Nevertheless, each of the Board Committees comprises two (2) other Independent Directors, including the Chairman of the Board Committees. Following the appointment, the composition of the Board Committees shall be as follows:-Audit Committee: Mr. Bote de Vries (Chairman), Mr. Chong Chee Keong Chris, and Mr. Osman Ibrahim. Nominating Committee: Mr. Chong Chee Keong Chris (Chairman), Mr. Bote de Vries, and Mr. Osman Ibrahim. Remuneration Committee: Mr. Chong Chee Keong Chris (Chairman), Mr. Bote de Vries, and Mr. Osman Ibrahim. Announcement • Sep 15
Vallianz Holdings Limited Appoints Lean Soon Huei as Finance Director Vallianz Holdings Limited approved the appointment of Mr. Lean Soon Huei as Finance Director of the Company. Mr. Lean will replace Mr. Keegan Chua, whose last day with the Company is on 7 October 2022, as the Finance Director. From Oct 2013 to Sep 2022 -he was Finance Director, Pteris Global Limited Jan 2013 to Jul 2013 - Associate Director, National University of Singapore. Appointment Date Sep. 12, 2022. Board Change • Sep 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Chris Chong was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 01
Vallianz Holdings Limited Announces Resignation of Keegan Chua Tze Wee as Finance Director, Effective from October 7, 2022 Vallianz Holdings Limited announced the resignation of Mr. Keegan Chua Tze Wee ("Mr. Chua") as the Finance Director of the Company and his last day of service with the Group will be on 7 October 2022. The Company wishes to confirm that there is no connection whatsoever with regard to the financial reporting and Mr. Chua's resignation and that there has not been any disagreement with regards to practices that would have an impact on the Company's financial reporting. The Board of Directors wishes to express its appreciation to Mr. Chua for his dedication and invaluable contributions to the Group during his tenure with the Company. The Board of Directors wishes to express its appreciation to Mr. Chua for his dedication and invaluablecontributions to the Group during his tenure with the Company. Board Change • Jul 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Chris Chong was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 10
Full year 2022 earnings released: US$0.003 loss per share (vs US$0.041 loss in FY 2021) Full year 2022 results: US$0.003 loss per share (up from US$0.041 loss in FY 2021). Revenue: US$64.2m (down 28% from FY 2021). Net loss: US$2.37m (loss narrowed 90% from FY 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Jul 09
Vallianz Holdings Limited, Annual General Meeting, Jul 22, 2022 Vallianz Holdings Limited, Annual General Meeting, Jul 22, 2022, at 14:00 Singapore Standard Time. Agenda: To receive and adopt the Audited Financial Statements of the Company for the financial year ended 31 March 2022 together with the Directors' Statement and the Independent Auditor's Report thereon; to re-elect Mr. Darren Yeo Chee Neng, a director who is retiring pursuant to Article 105 of the Company's Constitution; to re-elect Mr. Osman Ibrahim, a director who is retiring pursuant to Article 109 of the Company's Constitution; to re-appoint Mr. Ling Yong Wah pursuant to Singapore Exchange Securities Trading Limited ("SGX-ST"), Listing Manual Section B: Rule 720(4) of the Rules of Catalist ("Rules of Catalist"); and to consider other matters. Board Change • Jul 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Chris Chong was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 28
Vallianz Holdings Limited Announces Resignation of Mr. Poon Siew Loong as an Independent Non-Executive Director Vallianz Holdings Limited announced resignation of Mr. Poon Siew Loong as an Independent Non-Executive Director of the Company due to his health and heavy work commitments. Following Mr. Poon's resignation, he will relinquish his position as the Chairman of Nominating Committee and a member of Audit Committee and Remuneration Committee of the company. Other DirectorShips past: Shanghai Panlong Enterprise Management Consulting Co. Ltd. (Legal Person) and Pan Capital Pte Ltd. Other DirectorShips present: Kimen Pte Ltd. and Bondsupermart Pte Ltd. Reported Earnings • Jun 01
Full year 2022 earnings released: US$0.001 loss per share (vs US$0.041 loss in FY 2021) Full year 2022 results: US$0.001 loss per share (up from US$0.041 loss in FY 2021). Revenue: US$64.2m (down 28% from FY 2021). Net loss: US$1.85m (loss narrowed 92% from FY 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Mar 10
Vallianz Holdings Limited Announces Resignation of Seah Han Tong Tony as Company Secretary, Legal Counsel cum Head of Risk and Compliance, Effective 13 April 2022 The Board of Directors of Vallianz Holdings Limited announced the resignation of Mr. Seah Han Tong Tony as the Company Secretary, Legal Counsel cum Head of Risk and Compliance with effect from 13 April 2022. Following Mr. Seah's resignation, Ms. Chong Pei Wen remains as the Company Secretary of the Company. Reported Earnings • Nov 17
First half 2022 earnings released: US$0.016 loss per share (vs US$0.019 loss in 1H 2021) The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2022 results: Revenue: US$23.1m (down 65% from 1H 2021). Net loss: US$8.93m (loss narrowed 16% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Executive Departure • Aug 05
Non-Executive Independent Director Jeu Nam Yeo has left the company On the 29th of July, Jeu Nam Yeo's tenure as Non-Executive Independent Director ended after 12.9 years in the role. As of March 2021, Jeu Nam still personally held only 336.67k shares (S$19k worth at the time). Jeu Nam is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.50 years. Reported Earnings • Jul 17
Full year 2021 earnings released: US$0.041 loss per share (vs US$0.24 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$88.6m (down 53% from FY 2020). Net loss: US$23.0m (loss narrowed 83% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 03
Full year 2021 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$88.6m (down 53% from FY 2020). Net loss: US$23.0m (loss narrowed 83% from FY 2020). Announcement • Feb 06
Vallianz and SeaTech Ink Partnership to Develop the Next Generation of Environmentally-Friendly Electric Tugs Vallianz Holdings Limited has entered into a binding Memorandum of Understanding ("MOU") with SeaTech Solutions International Pte Ltd. ("SeaTech") to develop the next generation of environmentally-friendly harbour tugs based on SeaTech's "EVT-60" design. The MOU is valid for 2 years unless mutually extended in writing by both parties. The all-electric tug ("e-tug") is designed to be powered by clean energy with an aim of zero carbon emission. The e-tug will support vessel owners to comply with the 2030 and 2050 targets set by International Maritime Organisation (IMO) to reduce the shipping industry's carbon footprint over the coming decades. Measuring an overall length of 26 meters and beam of 12.8 meters, the e-tug will be equipped with azimuth propulsion and have a bollard pull of 60 tonnes with service speed of 12 knots. Its high-capacity electric battery modules will also pack enough power for its operational profile. Upon completing development of SeaTech's "EVT-60" design for the e-tug, Vallianz intends to utilize the Group's shipyard, Vallianz PT USP (a 99% owned subsidiary of the Group), to begin preparation works for potential clients and vessel owners who are interested in constructing an e-tug. Instead of adapting past designs from its large database of proven tug designs, SeaTech has developed the "EVT-60" design with a brand-new battery powered concept. The power delivery of the e-tug's battery can be optimized according to the vessel's real-time power demand. This will result in a more flexible and efficient operation as the e-tug will have the ability to provide a range of bollard pull to meet different operational requirements. Announcement • Jan 12
An unknown buyer completed the acquisition of Offshore Engineering Resources Pte. Ltd. from Vallianz Holdings Limited (Catalist:WPC) for $1. An unknown buyer acquired Offshore Engineering Resources Pte. Ltd. from Vallianz Holdings Limited (Catalist:WPC) for $1 on December 31, 2020. The disposal is not expected to have any material impact on the net tangible assets or earnings per share of Vallianz Holdings Limited for the financial year ending 31 March 2021.
An unknown buyer completed the acquisition of Offshore Engineering Resources Pte. Ltd. from Vallianz Holdings Limited (Catalist:WPC) on December 31, 2020. Announcement • Nov 10
Vallianz Holdings Limited to Report First Half, 2021 Results on Nov 13, 2020 Vallianz Holdings Limited announced that they will report first half, 2021 results on Nov 13, 2020 Announcement • Sep 19
Vallianz Holdings Limited Appoints Seah Han Tong Tony as Head of Risk and Compliance The Board of Directors of Vallianz Holdings Limited has considered the qualification and work experience of Mr. Seah Han Tong Tonyand is of the view that he has the experience and capabilities to assume the position of Head of Risk and Compliance, in addition to Mr. Seah's existing role as Legal Counsel and Company Secretary. Working Experience; 2010 to 2013 - Volunteer work in Mongolia July 2014 to August 2018 - General Counsel of Boardroom Limited April 2019 to current - Legal Counsel of Vallianz Holdings Limited February 2020 to current - Company Secretary of Vallianz Holdings Limited. Appointment Date is September 19, 2020. 
