Q&As on Annual Reports

ASKING THE RIGHT QUESTIONS ON YOUR INVESTMENTS AT AGMS

Q&As on Annual Reports

Q&As on Annual Reports

WHAT TO EXPECT

1 Q&A will focus on company’s business strategy,  financial information, corporate governance and sustainability.

2 Companies are requested to address the questions posed by SIAS at the AGM as well as post the answers to the questions on SGX Net.

3 SIAS will be progressively extending this to cover all SGX listed companies over the next 5 years.

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            [post_title] => San Teh Ltd
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            [post_title] => Sarine Technologies Ltd
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            [post_title] => Kingboard Copper Foil Holdings Ltd
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            [post_title] => Koyo International Ltd
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            [post_title] => KTMG Ltd (formerly known as Lereno Bio-Chem Ltd)
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            [post_title] => Metal Component Engineering Ltd
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            [post_title] => Natural Cool Holdings Ltd
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            [post_title] => Nordic Group Ltd
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            [post_title] => Ntegrator International Ltd
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            [post_title] => Pan Asian Holdings Ltd
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            [post_title] => Sinostar PEC Holdings Ltd
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            [post_title] => Sitra Holdings (International) Ltd
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            [post_title] => SK Jewellery Group Ltd (formerly known as Soo Kee Group Ltd)
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            [post_title] => Tye Soon Ltd
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            [post_title] => VibroPower Corporation Ltd
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            [post_title] => Wong Fong Industries Ltd
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            [post_title] => World Precision Machinery Ltd
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            [post_title] => Yanlord Land Group Ltd
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            [post_title] => A-Sonic Aerospace Ltd
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            [post_title] => Acesian Partners Ltd
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            [post_title] => Dyna-Mac Holdings Ltd
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            [post_title] => Enviro-Hub Holdings Ltd
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            [post_title] => SUTL Enterprise Ltd
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            [post_title] => China Mining International Ltd
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            [post_title] => First Ship Lease Trust
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            [post_title] => Manhattan Resources Ltd
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            [post_title] => Asia Enterprises Holding Ltd
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            [post_title] => BH Global Corporation Ltd
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AGM Date Company Market Annual Report SIAS Questions Company Response
AGM Date: 30/04/2019 30/04/2019 Company: Heatec JieTong Holdings Ltd Heatec JieTong Holdings Ltd Market: Catalist Catalist Annual Report: Download Download SIAS Questions1. Could management elaborate further on the execution challenges the group faced in one of its major heat exchanger project... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Hong Lai Huat Group Ltd Hong Lai Huat Group Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. What are management’s plans for the hotel following the termination of the sale and purchase agreement?... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Hotel Grand Central Ltd Hotel Grand Central Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Can management help shareholders understand the reasons for the drop? What is the RevPAR at the two Singapore hotels?... Read More Company Response1. The drop was mainly due to the special remuneration of $ 3 million paid to 3 directors in conjunction with the Company’s 50Th anniversary... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Katrina Group Ltd Katrina Group Ltd Market: Catalist Catalist Annual Report: Download Download SIAS Questions1. Given the experience of the management team, how can the group do better in site selection for its brands (and reduce having to close down non-performing outlets)?... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Kingsmen Creatives Ltd Kingsmen Creatives Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. What was the experience gained by management in organising TOYBOX?... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Leader Environmental Technologies Ltd Leader Environmental Technologies Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Would the board/management elaborate further on the reasons for the difficulty in securing new projects and the drop in revenue?... Read More Company Response1. The securing of the projects was delayed due to, among other factors, monetary tightening by the central bank in China... Read More
AGM Date: 30/04/2019 30/04/2019 Company: New Toyo International Holdings Ltd New Toyo International Holdings Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Has the operation at the new Indonesia production site been optimised and running smoothly?... Read More Company Response1. We have completed the relocation exercise at the end of December 2018/ January 2019. We have achieved optimal level of utilisation... Read More
AGM Date: 30/04/2019 30/04/2019 Company: OUE Hospitality Trust OUE Hospitality Trust Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Can the REIT manager help the stapled securityholders understand how it works with the master lessee... Read More Company Response1. The master lease agreements have been structured in the form of a variable rent subject to the minimum rent to provide stable distributions... Read More
AGM Date: 30/04/2019 30/04/2019 Company: San Teh Ltd San Teh Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Would the independent directors on the board help shareholders understand how they have provided entrepreneurial leadership to the company?... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Sarine Technologies Ltd Sarine Technologies Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Can the board help shareholders understand the company’s strategy in response to this shift in the industry?... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Shanghai Turbo Enterprises Ltd Shanghai Turbo Enterprises Ltd Market: SGX Mainboard SGX Mainboard Annual Report: Download Download SIAS Questions1. Can management help shareholders understand the frequency of the tenders by its major customers?... Read More Company Response1. On each working day, a sales personnel will check the availability of the online tender of the major customers... Read More
AGM Date: 30/04/2019 30/04/2019 Company: Sincap Group Ltd Sincap Group Ltd Market: Catalist Catalist Annual Report: Download Download SIAS Questions1. Can the board/management help shareholders understand the hedging framework and policy?... Read More Company Response1. Orion has 2 main modes of procurement and on-selling. Firstly, Orion may procure and on-sell coal on a spot basis... Read More


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