Buy Or Sell Opportunity • May 20
Now 27% overvalued Over the last 90 days, the stock has fallen 3.3% to S$0.029. The fair value is estimated to be S$0.023, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 15
First quarter 2026 earnings released: S$0.001 loss per share (vs S$0.002 loss in 1Q 2025) First quarter 2026 results: S$0.001 loss per share (improved from S$0.002 loss in 1Q 2025). Revenue: S$1.26m (up S$1.08m from 1Q 2025). Net loss: S$241.0k (loss narrowed 53% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Board Change • May 15
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. No highly experienced directors. Independent Director Kim Seng Lo 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. Board Change • Apr 16
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. No highly experienced directors. Independent Director Kim Seng Lo 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. Duyuru • Apr 11
Sevens Atelier Limited, Annual General Meeting, Apr 28, 2026 Sevens Atelier Limited, Annual General Meeting, Apr 28, 2026, at 16:00 Singapore Standard Time. Location: 2 tanjong katong road, 05-01 paya lebar quarter 3 singapore 437161, Singapore Reported Earnings • Feb 28
Full year 2025 earnings released: S$0.026 loss per share (vs S$0.001 profit in FY 2024) Full year 2025 results: S$0.026 loss per share (down from S$0.001 profit in FY 2024). Revenue: S$8.14m (down 11% from FY 2024). Net loss: S$5.51m (down S$5.82m from profit in FY 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Board Change • Jan 28
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. No highly experienced directors. Independent Director Kim Seng Lo 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. Buy Or Sell Opportunity • Jan 08
Now 57% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to S$0.02. The fair value is estimated to be S$0.046, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 26%. Board Change • Dec 10
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. No highly experienced directors. Independent Director Kim Seng Lo 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. Reported Earnings • Nov 13
Third quarter 2025 earnings released: S$0.001 loss per share (vs S$0 in 3Q 2024) Third quarter 2025 results: S$0.001 loss per share (further deteriorated from S$0 in 3Q 2024). Revenue: S$2.32m (up 3.3% from 3Q 2024). Net loss: S$233.0k (loss widened 385% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: S$0 (vs S$0.001 in 2Q 2024) Second quarter 2025 results: EPS: S$0 (down from S$0.001 in 2Q 2024). Revenue: S$1.81m (down 23% from 2Q 2024). Net loss: S$64.0k (down 136% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Reported Earnings • May 19
First quarter 2025 earnings released: S$0.002 loss per share (vs S$0 in 1Q 2024) First quarter 2025 results: S$0.002 loss per share (further deteriorated from S$0 in 1Q 2024). Revenue: S$181.0k (down 91% from 1Q 2024). Net loss: S$507.0k (loss widened 434% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 13
Full year 2024 earnings released: EPS: S$0.001 (vs S$0.019 loss in FY 2023) Full year 2024 results: EPS: S$0.001 (up from S$0.019 loss in FY 2023). Revenue: S$9.10m (down 37% from FY 2023). Net income: S$311.0k (up S$4.36m from FY 2023). Profit margin: 3.4% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Duyuru • Apr 11
Sevens Atelier Limited, Annual General Meeting, Apr 28, 2025 Sevens Atelier Limited, Annual General Meeting, Apr 28, 2025, at 16:00 Singapore Standard Time. Location: 2 tanjong katong road 05-01, paya lebar quarter 3, singapore 437161, Singapore New Risk • Feb 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -S$1.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-S$1.5m free cash flow). Shares are highly illiquid. Earnings have declined by 51% per year over the past 5 years. Market cap is less than US$10m (S$6.66m market cap, or US$4.95m). Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: S$0.001 (vs S$0.019 loss in FY 2023) Full year 2024 results: EPS: S$0.001 (up from S$0.019 loss in FY 2023). Revenue: S$9.10m (down 37% from FY 2023). Net income: S$311.0k (up S$4.36m from FY 2023). Profit margin: 3.4% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 30% per year. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: S$0 (vs S$0.007 loss in 3Q 2023) Third quarter 2024 results: EPS: S$0 (improved from S$0.007 loss in 3Q 2023). Revenue: S$2.24m (down 43% from 3Q 2023). Net loss: S$48.0k (loss narrowed 97% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -S$1.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-S$1.8m free cash flow). Shares are highly illiquid. Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (S$3.22m market cap, or US$2.47m). Duyuru • May 02
Sevens Atelier Limited has filed a Follow-on Equity Offering in the amount of SGD 0.25 million. Sevens Atelier Limited has filed a Follow-on Equity Offering in the amount of SGD 0.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,000
Price\Range: SGD 0.14
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 392,857
Price\Range: SGD 0.14
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,000
Price\Range: SGD 0.14
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 392,857
Price\Range: SGD 0.14
Transaction Features: Subsequent Direct Listing Board Change • Apr 22
High number of new directors Independent Director Kim Seng Lo was the last director to join the board, commencing their role in 2022. Duyuru • Apr 12
Sevens Atelier Limited, Annual General Meeting, Apr 26, 2024 Sevens Atelier Limited, Annual General Meeting, Apr 26, 2024, at 16:00 Singapore Standard Time. Location: 2 Tanjong Katong Road #05-01, Paya Lebar Quarter 3, Singapore 437161 Singapore Agenda: To consider and approve Adoption of the Directors' Statement and Audited Consolidated Financial Statements of the Company and its subsidiaries for the financial year ended 31 December 2023 together with the Independent Auditors' Report thereon; to consider Re-election of directors; to consider re-appointment of Messrs PKF-CAP LLC as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other matters. Duyuru • Mar 01
Sevens Atelier Limited Announces Appointment of Tang Yao Zhi as Group Operation Director Sevens Atelier Limited announced appointment of Mr. Tang Yao Zhi as the Group Operation Director of the Company was recommended by the Nominating Committee of the Company and approved by the Board of Directors of the Company, after taking into consideration Mr. Tang's qualifications and work experience, including his contribution to the Group in the last two years. Working Experience: Business Development Director, Sevens Creation Pte Ltd. (Jan 2022 - Present) - Senior Executive, Sumitomo Corporation Asia & Oceania Pte Ltd. (Nov 2013 - Dec 2021). Professional Qualifications: Bachelor of Science in Business Management, Royal Melbourne Institute of Technology - Diploma in Information Technology, Ngee Ann Polytechnic. Reported Earnings • Mar 01
Full year 2023 earnings released: S$0.015 loss per share (vs S$0.006 loss in FY 2022) Full year 2023 results: S$0.015 loss per share (further deteriorated from S$0.006 loss in FY 2022). Revenue: S$14.6m (up 115% from FY 2022). Net loss: S$3.14m (loss widened 164% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Feb 08
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. Independent Non-Executive Chairman Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jan 15
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. Independent Non-Executive Chairman Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 20
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. Independent Non-Executive Chairman Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Dec 19
Sevens Atelier Limited Announces Appointment of Cheung Ka Ho as Chief Financial Officer Sevens Atelier Limited announced appointment of Cheung Ka Ho as Chief Financial Officer. Appointment Date is 18 December 2023. Professional Qualifications: Certified Public Accountant, Australia Chartered Accountant, Institute of Singapore Chartered Accountants Bachelor of Commerce in Accountancy, Hong Kong Baptist University. Working Experience: July 2022 to December 2023: Chief Financial Officer at Swan & Maclaren Group Pte. Ltd. December 2021 to June 2022: Chief Financial Officer at Tripwerkz Pte. Ltd. June 2019 to November 2021: Chief Financial Officer at LifeBrandz Ltd. November 2018 to June 2019: Financial Controller at LifeBrandz Ltd. June 2017 to November 2018: Group Finance Manager at LifeBrandz Ltd. April 2017 to June 2017: Finance Manager at Wing Hing Ship Investment Private Limited January 2013 to February 2017: Audit Manager at Ernst & Young LLP Singapore. Board Change • Nov 08
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. Independent Non-Executive Chairman Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 06
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. Independent Non-Executive Chairman Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 20
First half 2023 earnings released: S$0.004 loss per share (vs S$0.003 loss in 1H 2022) First half 2023 results: S$0.004 loss per share (further deteriorated from S$0.003 loss in 1H 2022). Revenue: S$6.52m (up S$6.31m from 1H 2022). Net loss: S$935.0k (loss widened 62% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Board Change • Aug 11
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. Independent Non-Executive Chairman Lawrence Chen is the most experienced director on the board, commencing their role in 2021. 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 • Jul 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: S$12.9m (US$9.68m) 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 Shares are highly illiquid. Earnings have declined by 1.6% per year over the past 5 years. Market cap is less than US$10m (S$12.9m market cap, or US$9.68m). Board Change • Jul 11
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. Lead Independent Director Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Jul 07
Sevens Atelier Limited Appoints Lawrence Chen Tse Chau as Chairman of the Board, with Effect from 7 July 2023 The Board of Directors of Sevens Atelier Limited announced the following change with effect from 7 July 2023: Mr. Lawrence Chen Tse Chau ("Mr Chen"), the Lead Independent Director, has been elected by the Board as the Chairman of the Board. Mr. Chen remains as an Independent Director of the Company. The Nominating Committee ("NC") has reviewed and considered Mr. Chen's qualification, working experience, expertise, his past contributions to the Company as Lead Independent Director and is satisfied that Mr. Chen possesses the requisite competencies to assume the position of the Chairman of the Board. The rationale for appointing Mr. Chen as the Chairman of the Board is to create a clear division of responsibilities between the Chairman and the Chief Executive Officer of the Company so as to ensure an appropriate balance of power, increased accountability, and greater capacity of the Board for independent decision making. Following the above change, the composition of the Board is as follows: Lawrence Chen Tse Chau-Independent Director and Non-Executive Chairman (with effect from 7 July 2023), Jeffrey Hong Eng Leong-Chief Executive Officer and Executive Director, Lim Xiu Fang, Vanessa-Executive Director, Lo Kim Seng-Independent Director. Tan Yew Heng, Terrence-Independent Director. Consequent to the above change, it is no longer necessary for the Company to have a Lead Independent Director on the Board, a designation previously held by Mr. Chen before the date of this announcement. The compositions of the Audit Committee, Nominating Committee and Remuneration Committee remain unchanged as follows: AUDIT COMMITTEE Lawrence Chen Tse Chau, Chairman, Lo Kim Seng, Tan Yew Heng, Terrence. NOMINATING COMMITTEE: Lo Kim Seng, Chairman, Tan Yew Heng, Terrence, Lawrence Chen Tse Chau. REMUNERATION COMMITTEE: Tan Yew Heng Terrence, Chairman, Lawrence Chen Tse Chau, Lo Kim Seng. Board Change • Jun 22
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. Lead Independent Director Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • May 29
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. Lead Independent Director Lawrence Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 29
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. 1 highly experienced director. Founder & Executive Chairman Richard Koh is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 02
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. 1 highly experienced director. Founder & Executive Chairman Richard Koh is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Nov 15
Sevens Atelier Limited Announces Change of Company Secretary The Board of Directors of Sevens Atelier Limited announced the appointment of Ms. Yang Lin as Company Secretary of the Company with effect from 15 November 2022, in place of Ms. Low Mei Wan and Ms. Lin Moi Heyang, the existing joint Company Secretaries, who have resigned with effect from 15 November 2022. Duyuru • Nov 02
Sevens Atelier Limited Announces Changes in Composition of the Board and Board Committees The Board of Directors of Sevens Atelier Limited announced the following: Mr. Lawrence Chen Tse Chau is re-designated as Lead Independent Director, and Chairman of Audit Committee with effect from 15 November 2022. He remains as a member of Nominating Committee and Remuneration Committee; Mr. Lo Kim Seng be ("Mr Lo") is appointed as Independent Director, Chairman of Nominating Committee and a member of Audit Committee and Remuneration Committee with effect from 15 November 2022; Mr. Tan Yew Heng, Terrence ("Mr Tan") is appointed as Independent Director, Chairman of Remuneration Committee and a member of the Audit Committee and Nominating Committee with effect from 15 November 2022. Mr. Lam Kwong Fai ("Mr Lam") has resigned as the Lead Independent Director of the Company with effect from 15 November 2022. Following his resignation as director of the Company, he shall relinquish his office as Lead Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee with effect from the date of his cessation as director of the Company; Mr. Wu Yu Liang ("Mr Wu") has resigned as the Independent Non-Executive Director of the Company with effect from 15 November 2022. Following his resignation as director of the Company, he shall relinquish his office as Independent Non-Executive Director, Chairman of the Nominating Committee and Remuneration Committee and a member of the Audit Committee. Following the above changes, the Board and Board Committees of the Company comprise the following members with effect from 15 November 2022: Jeffrey Hong Eng Leong as Chief Executive Officer and Executive Director, Lim Xiu Fang, Vanessa as Executive Director, Lawrence Chen Tse Chau as Lead Independent Director (with effect from 15 November 2022), Lo Kim Seng as Independent Director (with effect from 15 November 2022), Tan Yew Heng, Terrence as Independent Director (with effect from 15 November 2022). Audit Committee (with effect from 15 November 2022): Lawrence Chen Tse Chau as Chairman, Lo Kim Seng as Member, Tan Yew Heng, Terrence as Member. Nominating Committee (with effect from 15 November 2022): Lo Kim Seng as Chairman, Lawrence Chen Tse Chau as Member, Tan Yew Heng, Terrence as Member. Remuneration Committee (with effect from 15 November 2022): Tan Yew Heng, Terrence as Chairman, Lawrence Chen Tse Chau as Member, Lo Kim Seng as Member. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$1.45m from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 94% per year, which means it is well ahead of earnings. Duyuru • Jun 25
Sevens Atelier Limited Announces Cessation of Tang Yujie as Group Financial Controller Sevens Atelier Limited announced cessation of Tang Yujie as Group Financial Controller. Reason For Cessation: Mr. Tang Yujie has on the Completion date of 14 June 2022 ceased his position as the Group Financial Controller with immediate effect. Since the Completion, the Company has been in discussion with Mr. Tang Yujie to extend his employment with the Company for a smooth handling over. It has been mutually decided that Mr. Tang Yujie shall resign with effect from 24 June 2022. The Company is actively looking for a replacement and will make the necessary announcement in due course. After having interviewed Mr. Tang Yujie and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Tang Yujie as the Group Financial Controller of the Company. Duyuru • Jun 15
Pan Asian Holdings Limited (Catalist:5EW) completed the acquisition of Sevens Creation Pte. Ltd from Mr. Cheng Lye Meng Eric. Pan Asian Holdings Limited (Catalist:5EW) entered into a conditional sale and purchase agreement to acquire Sevens Creation Pte. Ltd from Mr. Cheng Lye Meng Eric for SGD 12 million on April 28, 2022. Sevens Creation Pte. Ltd. which owns two wholly owned subsidiaries, Sevens Build Pte. Ltd. and Sevens Design Pte. Ltd. collectively, the target Group. The consideration for the sum of SGD 12 million for proposed acquisition which shall be satisfied by the Company in full by the issuance of unsecured loan notes by the Mr. Cheng Lye Meng Eric to the Pan Asian Holdings on the completion of the Proposed Acquisition. Upon completion of the Proposed Acquisition, the Target Group will become wholly-owned subsidiaries Pan Asian Holdings Limited. The Company has lodged the requisite statutory returns with ACRA to effect the Change of Name of the Company today and the ACRA has issued the Notice of Change of Name to confirm that the Company has changed its name from “Pan Asian Holdings Limited” to “Sevens Atelier Limited” with effect from 14 June 2022.The transaction is subject to approval of following conditions: regulatory approval, consummation of due diligence investigation, approval of offer by acquirer board and acquirer shareholders. As of June 14, 2022 all conditions were fulfilled. The transaction is expected to complete on the 3rd business day after the date on which all of the conditions precedent under the Acquisition SPA have been fulfilled.
Pan Asian Holdings Limited (Catalist:5EW) completed the acquisition of Sevens Creation Pte. Ltd from Mr. Cheng Lye Meng Eric on June 14, 2022. Reported Earnings • Apr 07
Full year 2021 earnings released Full year 2021 results: Revenue: S$22.2m (down 3.0% from FY 2020). Net loss: S$474.0k (loss widened 90% from FY 2020). Duyuru • Apr 02
Pan Asian Holdings Limited, Annual General Meeting, Apr 25, 2022 Pan Asian Holdings Limited, Annual General Meeting, Apr 25, 2022, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Financial Statements for the financial year ended 31 December 2021 and the auditor's report thereon; to re-elect Mr. Richard Koh Chye Heng, who is retiring pursuant to regulation 101 of the constitution of the company, as director of the company; to re-elect Mr. Lam Kwong Fai, who is retiring pursuant to Regulation 101 of the Constitution of the company, as director of the company; and to consider other matters. Duyuru • Jun 08
Controlling Shareholder of Pan Asian to Potentially Dispose Portion of Its Shares to Unrelated Third Party Xu Jia Zu Holdings Pte., Ltd., the controlling shareholder of Pan Asian Holdings Limited (Catalist:5EW) has, on June 7, 2021 announced that it has expressed an interest to dispose a portion of its shares in the company to an unrelated third party. As at June 7, 2021 Xu Jia Zu Holdings holds a 77.09% stake in Pan Asian Holdings. Discussions are currently on-going and no agreement has been reached between both parties. Shares in Pan Asian closed 1.5 cents higher or 37.5% up at 5.5 cents on June 7, 2021. Executive Departure • May 01
Chief Executive Officer Ing Loong Chan has left the company On the 30th of April, Ing Loong Chan's tenure as Chief Executive Officer of the company ended after less than a year in the role. We don't have any record of a personal shareholding under Ing Loong's name. A total of 3 executives have left over the last 12 months. Under Ing Loong's leadership, the company delivered a total shareholder return of 17%. Duyuru • Mar 21
Pan Asian Holdings Limited Announces Changes in Chief Executive Officer, Effective April 30, 2021 The Board of Directors Pan Asian Holdings Limited announced that Mr. Chan Ing Loong (Chen Yinglong) has resigned as the Chief Executive Officer of the Company and his cessation will take effect from April 30, 2021. The Executive Chairman of the Company, Mr. Richard Koh Chye Heng, will take over the duties of the company's Chief Executive Officer. Mr. Richard Koh Chye Heng is the founder of the Company who is experienced and familiar with the Group's business. Reported Earnings • Feb 28
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$22.9m (down 1.9% from FY 2019). Net loss: S$249.0k (down 161% from profit in FY 2019). Duyuru • Dec 15
Pan Asian Holdings Limited Appoints Mr. Chan Ing Loong as Chief Executive Officer The Board of Directors has reviewed and considered the qualifications and past work experience of Mr. Chan Ing Loong, and upon the recommendation of the Nominating Committee, has approved the appointment of Mr. Chan as the Chief Executive Officer of the Pan Asian Holdings Limited. The appointment is executive. Upon appointment as CEO, Mr. Chan Ing Loong will report directly to the Board of the Company. He will hold executive and management responsibilities and duties in relation to the operations of the company and the Group, as well as the development and expansion of business as the Board may reasonably direct. Duyuru • Aug 08
Pan Asian Holdings Limited to Report First Half, 2020 Results on Aug 14, 2020 Pan Asian Holdings Limited announced that they will report first half, 2020 results on Aug 14, 2020 
