Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: RM0.25 (vs RM0.14 in FY 2024) Full year 2025 results: EPS: RM0.25 (up from RM0.14 in FY 2024). Revenue: RM138.1m (down 18% from FY 2024). Net income: RM40.8m (up 78% from FY 2024). Profit margin: 30% (up from 14% in FY 2024). Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Duyuru • Apr 15
Sim Leisure Group Ltd., Annual General Meeting, Apr 29, 2026 Sim Leisure Group Ltd., Annual General Meeting, Apr 29, 2026, at 14:00 Singapore Standard Time. Location: kidzania palawan kidz city, 31 beach view road, 01-01/02, singapore 098008, Singapore New Risk • Mar 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 274% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (S$102.5m market cap, or US$81.1m). Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: RM0.25 (vs RM0.14 in FY 2024) Full year 2025 results: EPS: RM0.25 (up from RM0.14 in FY 2024). Revenue: RM138.1m (down 18% from FY 2024). Net income: RM40.9m (up 79% from FY 2024). Profit margin: 30% (up from 14% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 04
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (S$86.8m market cap, or US$68.3m). Reported Earnings • Aug 16
First half 2025 earnings released: EPS: RM0.038 (vs RM0.066 in 1H 2024) First half 2025 results: EPS: RM0.038 (down from RM0.066 in 1H 2024). Revenue: RM72.9m (down 16% from 1H 2024). Net income: RM6.31m (down 42% from 1H 2024). Profit margin: 8.7% (down from 13% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • May 02
Dividend of ر.س0.009 announced Shareholders will receive a dividend of ر.س0.009. Ex-date: 8th May 2025 Payment date: 21st May 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 28%. Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: RM0.14 (vs RM0.13 in FY 2023) Full year 2024 results: EPS: RM0.14 (up from RM0.13 in FY 2023). Revenue: RM167.8m (up 24% from FY 2023). Net income: RM22.9m (up 4.7% from FY 2023). Profit margin: 14% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Duyuru • Apr 11
Sim Leisure Group Ltd., Annual General Meeting, Apr 28, 2025 Sim Leisure Group Ltd., Annual General Meeting, Apr 28, 2025, at 14:00 Singapore Standard Time. Location: kidzania palawan kidz city, 31 beach view road, 01-01/02, singapore 098008, Singapore Reported Earnings • Mar 05
Full year 2024 earnings released: EPS: RM0.14 (vs RM0.13 in FY 2023) Full year 2024 results: EPS: RM0.14 (up from RM0.13 in FY 2023). Revenue: RM167.8m (up 24% from FY 2023). Net income: RM22.9m (up 4.6% from FY 2023). Profit margin: 14% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (S$119.9m market cap, or US$88.7m). New Risk • Dec 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (S$132.3m market cap, or US$98.1m). New Risk • Dec 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: S$117.4m (US$87.7m) This is considered a minor 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: Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (S$117.4m market cap, or US$87.7m). Reported Earnings • Aug 18
First half 2024 earnings released: EPS: RM0.066 (vs RM0.053 in 1H 2023) First half 2024 results: EPS: RM0.066 (up from RM0.053 in 1H 2023). Revenue: RM86.8m (up 56% from 1H 2023). Net income: RM10.9m (up 23% from 1H 2023). Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. Duyuru • May 16
Sim Leisure Group Ltd. Approves First and Final Tax Exempt (One-Tier) Dividend Fiscal Year 2023 Sim Leisure Group Ltd. approved the payment of a first and final tax exempt (one-tier) dividend of MYR 0.03 per ordinary share of the Company in respect of fiscal year 2023, at its AGM held on 23 April 2024. Duyuru • May 08
Sim Leisure Group Ltd. Announces Resignation of Philip John Whittaker as Chief Executive Officer Sim Leisure Group Ltd. announced the resignation of Philip John Whittaker as Chief Executive Officer due to increasing personal and private commitments. Mr. Whittaker is currently serving his notice period. Datin Silviya Georgieva Georgieva, the Executive Director of the Company, will assume and undertake the duties of the CEO following the departure of Mr. Whittaker as the CEO of the Company. The Company will not be seeking or looking for a replacement for the CEO position. After having interviewed Mr. Whittaker 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 Mr. Whittaker as the CEO of the Company. December 2016 to May 2020 - Nominee Director, LL Malaysia Taman Tema Sdn. Bhd. (Legoland) December 2016 to May 2020 - Nominee Director, IDR Assets Sdn. Bhd. December 2016 to May 2020 - Nominee Director, IDR Resorts Sdn. Bhd. December 2016 to May 2020 - Nominee Director, Rakan Riang Sdn. Bhd. March 2017 to May 2020 - Nominee Director, LL Malaysia Attractions Holdings Sdn. Bhd. March 2017 to May 2020 - Nominee Director, LL Themed Hotel Sdn. Bhd. March 2017 to May 2020 - Nominee Director, TAR Kittown Sdn. Bhd. March 2017 to May 2020 - Nominee Director, TAR LBC Sdn. Bhd. March 2017 to May 2020 - Nominee Director, TAR PH Family Entertainment Sdn. Bhd. March 2017 to May 2020 - Nominee Director, Themed Attractions Berhad March 2017 to May 2020 - Nominee Director, TAR Riverwalk Sdn. Bhd. January 2018 to May 2020 - Nominee Director, DC Resort Marketing Sdn. Bhd. June 2018 to May 2020 - Nominee Director, Desaru North Course Berhad June 2018 to May 2020 - Nominee Director, Desaru South Course Sdn. Bhd. June 2018 to May 2020 - Nominee Director, ECM Golf Berhad June 2018 to May 2020 - Nominee Director, TDR Golf Resorts Berhad July 2020 to May 2022 - Communications Specialist, Go Communications Sdn. Bhd. March 2021 to Present - Director, Danolyte (Malaysia) Sdn. Bhd. June 2021 to Present - Director, World Sports Entertainment Sdn. Bhd. Role And Responsibilities: Overseeing the strategic direction and day-to-day operations of the Company. Declared Dividend • Apr 26
Dividend of S$0.0085 announced Shareholders will receive a dividend of S$0.0085. Ex-date: 2nd May 2024 Payment date: 15th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 28%. Duyuru • Apr 08
Sim Leisure Group Ltd., Annual General Meeting, Apr 23, 2024 Sim Leisure Group Ltd., Annual General Meeting, Apr 23, 2024, at 14:00 Singapore Standard Time. Location: KidZania Palawan Kidz City, 31 Beach View Road, #01-01/02 Singapore Singapore Agenda: To consider and approve the Directors Statement and the Audited Financial Statements of the Company; to consider and approve the payment of a first and final tax exempt dividend; to consider and approve the election of Director; to consider and approve the re-appointment of the Messrs UHY Lee Seng Chen & Co as the Independent Auditors of the Company; to consider and approve to allot and issue shares in the capital of the Company; and to consider and approve any other matters. Duyuru • Mar 15
Sim Leisure Group Ltd. Announces Resignation of Tan Hui Tsu as Independent Director Independent Director, Chairman of Nominating Committee, Member of Audit Committee and Remuneration Committee Sim Leisure Group Ltd. announced that Ms. Tan Hui Tsu has informed the Board of Directors that she is resigning as Independent Director of the Company to focus on pursuing other opportunities. The Company will release an updated announcement on the updated Board and the respective Committee's composition when it has been finalised. New Risk • Mar 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (16% net profit margin). Market cap is less than US$100m (S$86.0m market cap, or US$64.0m). Duyuru • Mar 01
Sim Leisure Group Ltd. Announces Appointment of Mohamed Nasser Ismail as Independent Director Sim Leisure Group Ltd. announced appointment of Mr. Mohamed Nasser Ismail as Independent Director and member of the Audit Committee. Working Experience: October 2014 to October 2023 - Executive Director and Global Head of Equity Capital Market, Singapore Exchange Securities Trading Limited February 2012 to September 2014 - Senior Vice President of Head Issuer Regulations, Singapore Exchange Securities Trading Limited. Other DirectorShips Past: October 2014 to October 2023 - Executive Director and Global Head of Equity Capital Market, Singapore Exchange Securities Trading Limited August 2021 to September 2023 - Director, CapBridge Pte. Ltd. May 2018 to September 2023 - Director, 1x Exchange Pte. Ltd. Other DirectorShips Present: October 2023 to present - Director, Raya Advisors Pte. Ltd. February 2024 to present - Director, Hydrax Pte. Ltd. November 2023 to present - Director, Surfin Meta Digital Technology Pte. Ltd. January 2024 to present - Director, SG HER Empowerment Limited January 2018 to present - Board Member, Madrasah Alsagoff Al-Arabiah December 2023 to present - Senior Advisor, WongPartnership LLP February 2022 to present - Director, Action Community for Entrepreneurship (ACE) Ltd. April 2018 to present - Director, Enterprise SG. Professional Qualifications: LLB Hons Upper Division. New Risk • Feb 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (16% net profit margin). Market cap is less than US$100m (S$99.2m market cap, or US$73.9m). New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (S$95.9m market cap, or US$71.3m). Duyuru • Jan 11
Sim Leisure Group Ltd. Announces Resignation of Mr. Tan Boon Seng as Non-Independent Non-Executive Director Sim Leisure Group Ltd. announced that the resignation of Mr. Tan Boon Seng as Non-Independent Non-Executive Director of the Company due to increasing personal and private commitments. After having interviewed Mr. Tan, 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 material no additional reasons for the retirement of Mr. Tan as a Non-Independent Non-Executive Director of the company. New Risk • Nov 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (S$62.8m market cap, or US$46.1m). New Risk • Aug 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (S$62.8m market cap, or US$46.3m). Reported Earnings • Aug 15
First half 2023 earnings released: EPS: RM0.053 (vs RM0.051 in 1H 2022) First half 2023 results: EPS: RM0.053 (up from RM0.051 in 1H 2022). Revenue: RM55.6m (up 109% from 1H 2022). Net income: RM8.83m (up 5.4% from 1H 2022). Profit margin: 16% (down from 32% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Duyuru • May 17
Sim Leisure Group Ltd. Appoints Darrell Edward Metzger as Independent Director and A Member of the Nominating Committee The board of directors of Sim Leisure Group Ltd., having considered the recommendation of the Nominating Committee and assessment of Mr. Darrell Edward Metzger's ("Mr. Metzger") qualifications and experience, is of the view that he has the requisite experience and capability to assume the responsibilities of an Independent Director of Sim Leisure Group Ltd. Role And Responsibilities: Non-executive. Job Title: Independent Director and a member of Nominating Committee. Working Experience: June 2015 - June 2019 Singapore Management University (SMU) Singapore, Adjunct Professor - School of Social Sciences September 2010 - November 2014 Khazanah Nasional Berhad - Kuala Lumpur, Malaysia, Board of Directors, Chairman Executive Committee (for subsidiary companies). Other DirectorShips Present: International Association of Amusement Parks & Attractions ("IAAPA") - IAAPA Advisory Board - L'Anima Holdings Panama. Appointment Date is May 16, 2023. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: RM0.13 (vs RM0.078 loss in FY 2021) Full year 2022 results: EPS: RM0.13 (up from RM0.078 loss in FY 2021). Revenue: RM67.6m (up 282% from FY 2021). Net income: RM22.2m (up RM34.0m from FY 2021). Profit margin: 33% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: RM0.13 (vs RM0.078 loss in FY 2021) Full year 2022 results: EPS: RM0.13 (up from RM0.078 loss in FY 2021). Revenue: RM67.6m (up 282% from FY 2021). Net income: RM22.2m (up RM34.0m from FY 2021). Profit margin: 33% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 20
Sim Leisure Group Ltd. Provides Earnings Guidance for the Year Ended December 31, 2022 The Board of Directors of Sim Leisure Group Ltd. provided earnings guidance for the year ended December 31, 2022. For the year, the company expected that the Group will register substantial comprehensive profit for FY2022 when compared to a loss for the year position recorded in the previous financial year ended 31 December 2021 ("FY2021"). Such turnaround of financial results is primarily contributed by: the increase in the Group's revenue derived from the theme park operations as these theme parks have resumed full operations following the easing of the existing COVID-19 restrictions and measures by the Malaysian government. Duyuru • Jan 14
Sim Leisure Group Ltd. Appoints Mr. Looi Tuck Meng as the Interim Head of Finance Sim Leisure Group Ltd. announced that the appointment of Mr. Looi Tuck Meng as the interim Head of Finance. The appointment of Looi Tuck Meng (Mr. Looi) as the interim Head of Finance of the Company ("HOF") was recommended by the Nominating Committee (the "NC") of the Company and approved by the Board of Directors (the "Board") of the Company after taking into consideration Mr. Looi's qualifications, work experience and suitability, as well as his work performance and contributions to date. The NC and the Board are in the process of searching for and endeavour to identify and appoint a suitable candidate for the role of Head of Finance of the Company as soon as practicable. Mr. Looi will oversee the financial and accounting aspects of the Company and its subsidiary companies (the "Group") on an interim basis until a permanent Head of Finance is identified and appointed. Working Experience: April 2022 - December 2022 Sim Leisure Escape Sdn Bhd, Corporate and Finance Adviser May 2019 - March 2022 TT5 Park Sdn Bhd, Director & Corporate Adviser August 2017 - November 2020 Tempora Food Industry Sdn Bhd Group, Corporate Adviser 2016 - 2018 Explicit Ventures Sdn. Bhd. Corporate Adviser 2008 - 2016 Kejuruteraan Samudra Timur Berhad, Head of Corporate and Finance. Other DirectorShips Past: May 2019 - March 2022 TT5 Park Sdn Bhd, Director April 2019 - March 2022 Artvo TT5 Park Sdn Bhd, Non-executive Director. Other DirectorShips Present: June 2016 - Present Explicit Venture Sdn Bhd, Non-Executive Independent Director August 2017 - Present Tempora Black Gold Sdn Bhd, Non-Executive Director. Reported Earnings • Aug 12
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up RM6.95m 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 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Duyuru • Aug 05
Sim Leisure Group Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2022 The Board of Directors of Sim Leisure Group Ltd. informed shareholders and potential investors that, based on the information currently available to the Company and the management's preliminary review of the condensed interim consolidated financial statements of the Company and its subsidiaries for the six months ended 30 June 2022, it is expected that the Group's total comprehensive profit for HY2022 will increase significantly when compared to that for the six months ended 30 June 2021. Such increase is primarily contributed by: the increase in the Group's revenue derived from the theme park operations as these theme parks have resumed operations since 20 October 2021 when the Malaysian government eased the COVID-19 restrictions and measures; and the cooperation fee income from Sim Leisure Gulf Contracting L.L.C. pursuant to the cooperation agreement entered between the Company's 60%-owned subsidiary, Sim Leisure Creative Pte. Ltd., and SL Gulf. Duyuru • Jul 03
Sim Leisure Group Ltd. Announces Executive Changes Sim Leisure Group Ltd. announced the appointment of Chief Executive Officer Sim Choo Kheng will take on a new role as Executive Chairman where he will spearhead the Group's new product innovation. With Whittaker's appointment, Sim will also oversee the Group's strategic direction and the expansion of Sim Leisure's brands, including the design and development of new projects locally and internationally, while liaising with key stakeholders. SLG has also made a new appointment to the Group's board of directors, namely Eric Sho. An Accountant by profession, Sho carries with him vast experience in the Chinese Market. Duyuru • Jun 21
Sim Leisure Group Ltd. Announces Appointment of Philip John Whittaker as Chief Executive Officer Sim Leisure Group Ltd. announced appointment of Mr. Philip John Whittaker as Chief Executive Officer. The appointment of Philip John Whittaker ("Mr Whittaker") as the Chief Executive Officer of the Company ("CEO") was recommended by the Nominating Committee of the Company and approved by the Board of Directors of the Company after taking into consideration Mr. Whittaker's qualifications, expertise and work experience. Mr. Whittaker has more than 20 years of leading industry expertise in developing, launching, managing and restructuring sales, marketing, commercial and operations across the retail, leisure, hospitality, sports, entertainment, media, FMCG, banking/finance, local, state and federal government sectors in Australia and South East Asia. Mr. Whittaker has been appointed as the CEO of the Company consequent to the re-designation of Mr. Sim Choo Kheng from Executive Director and CEO to Executive Chairman. This appointment is executive. Mr. Whittaker will be responsible for overseeing the strategic direction and day to day operations of the Company. Working Experience: January 2022 - Present Sim Leisure Escape Sdn Bhd, Commercial Director December 2020 - December 2021 Sim Leisure Group Ltd, Strategic Advisor Themed Attractions Resorts & Hotels Sdn Bhd - November 2019 - June 2020, Head - Sales & Marketing, Desaru Development Holdings - March 2017 - November 2019, CEO - Integrated Theme Parks and Attractions and Chief Commercial Officer - August 2016 - November 2019, Chief Commercial Officer - May 2015 - August 2016, Group Chief Marketing Officer - July 2012 - April 2015, Chief Marketing Officer - October 2011 - June 2012, SVP, Corporate Partnership & Commercial Development. Duyuru • May 31
Sim Leisure Group Ltd Announces Appointment of Sho Kian Hin, Eric as an Independent Director of the Company, Effective June 1, 2022 The Board of Directors of Sim Leisure Group Ltd. announced appointment of Mr. Sho Kian Hin, Eric as an Independent Director of the Company. With effect from June 1, 2022, Mr. Sho has been appointed as Chairman of the Audit Committee and member of the Nominating Committee and Remuneration Committee of the Company. Further thereto, the Board and Board Committees have accordingly been re-constituted, with effect from June 1, 2022. Board of Directors: Mr. Sim Choo Kheng (Executive Director and Chief Executive Officer); Ms. Silviya Georgieva Georgieva (Executive Director); Mr. Chung Yew Pong (Independent Director); Ms. Tan Hui Tsu (Independent Director); Mr. Sho Kian Hin, Eric (Independent Director);and Mr. Tan Boon Seng (Non-Independent Non-Executive Director). Audit Committee: Mr. Sho Kian Hin, Eric (Chairman); Mr. Chung Yew Pong; and Ms Tan Hui Tsu. Nominating Committee: Ms Tan Hui Tsu (Chairman); Mr. Chung Yew Pong; and Mr. Sho Kian Hin, Eric. Remuneration Committee: Mr. Chung Yew Pong (Chairman); Ms. Tan Hui Tsu; and Mr. Sho Kian Hin, Eric. Duyuru • Apr 15
Sim Leisure Group Ltd., Annual General Meeting, Apr 29, 2022 Sim Leisure Group Ltd., Annual General Meeting, Apr 29, 2022, at 14:00 Singapore Standard Time. Agenda: To consider adoption of audited financial statements for the year ended December 31, 2021; to consider re-election of Directors; to consider approval of Directors fees; to consider reappointment of Auditor; and to consider other matters. Duyuru • Apr 14
Sim Leisure Group Ltd. Announces Cessation of Tay Eng Kiat as Independent Non-Executive Chairman, Chairman of the Audit Committee and A Member of the Remuneration Committee and Nominating Committee Sim Leisure Group Ltd. announced cessation of Tay Eng Kiat Jackson as Independent Non-Executive Chairman, Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating Committee. Mr. Tay will retire from his role as Independent Non-Executive Chairman of the Company at the conclusion of the AGM. Duyuru • Mar 01
Sim Leisure Group Ltd. Appoints Sim Yang Yang as Executive Director The Board of Directors of Sim Leisure Group Ltd. has reviewed and considered the qualifications and working experience of Mr. Sim Yang Yang as well as the recommendation from the Nominating Committee of the Company, and is satisfied that Mr. Sim has the necessary qualifications, capabilities and experience to carry out the duties of the Marketing Manager of Sim Leisure Escape Sdn Bhd, a wholly-owned subsidiary of the Company. The appointment is executive. Mr. Sim is responsible for the marketing activities of SLE. Working experiance: November 2021 to present Sim Leisure Escape Sdn Bhd, Marketing Manager April 2021 to October 2021 Sim Leisure Escape Sdn Bhd, Senior Marketing Executive June 2017 to April 2021 Sim Leisure Escape Sdn Bhd, Sales & Marketing Executive. Appointment of Sim Yang Yang, who is related to the Executive Director of the Company as well as the Executive Director of the Company, as Marketing Manager of Sim Leisure Escape Sdn Bhd. Reported Earnings • Aug 18
First half 2021 earnings released: RM0.047 loss per share (vs RM0.017 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: RM5.12m (up 20% from 1H 2020). Net loss: RM6.95m (loss widened 174% from 1H 2020). Board Change • Aug 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hui Tan was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: RM9.85m (down 55% from FY 2019). Net income: RM8.18m (up RM7.94m from FY 2019). Profit margin: 83% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. 
