LHN(01730)

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LHN(01730) - 海外监察公告
2024-11-29 13:06
香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易 所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何 聲明,並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該 等內容而引致的任何損失承擔任何責任 。 LHN LIMITED 賢能集團有限公司* (於新加坡共和國註冊成立的有限公司) (香港股份代號 : 1730) (新加坡股份代號 : 41O) 海外監察公告 本海外監察公告乃由賢能集團有限公司(「本公司」)根據香港聯合交易所 有限公司證券上市規則第13.10B條作出,其規定上市發行人於其證券上 市所在的任何其他證券交易所發布資料時,須同時公布向該其他證券交易 所發布的資料。 請參閱以下本公司於2024年11月29日在新加坡證券交易所有限公司網 站 刊發的文件。倘中文及英文版本之間具有任何分歧,以英文版本為準。 承董事會命 賢能集團有限公司* 林隆田 執行主席及集團董事總經理 新加坡,2024年11月29日 於本公告日期,本公司董事會包括本公司執行董事林隆田先生及林美珠 女士; 以及本公司獨立非執行董事莊立林女士、楊志雄先生及陳嘉樑先生。 * 僅供識別 LHN Group二零 ...
LHN(01730) - 截至2024年9月30日止年度之特别股息
2024-11-25 23:04
| 股息派發日 | 2025年5月30日 | | --- | --- | | 股份過戶登記處及其地址 | 卓佳證券登記有限公司 | | | 香 港 夏 慤 道 16 號 | | | 遠 東 金 融 中 心 17 樓 | | 香港 | | | 代扣所得稅信息 | | | 股息所涉及的代扣所得稅 | 不適用 | | 發行人所發行上市權證/可轉換債券的相關信息 | | | 發行人所發行上市權證/可轉換債券 | 不適用 | | 其他信息 | | | 特此澄清,根據公司與2024年11月25日發佈的公告,股權登記日為2025年4月10日。由於填寫該表格的限制,股權登記日標注的 | 日期(2025年4月14日)僅供參考。截至記錄日期(16時30分 2025年4月10日)的香港股東名冊記錄將與截止過戶期間(即2025 | | 年4月11日至2025年4月14日)的記錄相同。 | | | 發行人董事 | | | 於本公告日期 ,賢能集團有限公司董事會包括執行董事林隆田先生及林美珠女士;以及獨立非執行董事莊立林女士 、楊志雄先生 | | | 及陳嘉樑先生 。 | | 第 2 頁 共 2 頁 v 1.1.1 EF003 EF00 ...
LHN(01730) - 截至2024年9月30日止年度之末期股息
2024-11-25 14:58
EF001 免責聲明 | 香港交易及結算所有限公司, 香港聯合交易所及新加坡證券交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲明,並 | | | --- | --- | | 明確表示,概不對因公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 賢能集團有限公司 | | 股份代號 | 01730 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2024年9月30日止年度之末期股息 | | 公告日期 | 2024年11月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2024年9月30日 | | 宣派股息的報告期末 | 2024年9月30日 | | 宣派股息 | 每 股 0.01 SGD | | 股東批准日期 | 有待公佈 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.0578 HKD | | 匯率 | 1 S ...
LHN(01730) - 海外监察公告
2024-11-25 14:50
香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公告的內容概不負責,對其準確 性或完整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損 失承擔任何責任。 LHN LIMITED 賢能集團有限公司* (於新加坡共和國註冊成立的有限公司) (香港股份代號:1730) (新加坡股份代號:41O) 海外監察公告 本海外監察公告乃由賢能集團有限公司(「本公司」)根據香港聯合交易所有限公司證券上市規則第13.10B條作出,其 規定上市發行人於其證券上市所在的任何其他證券交易所發佈任何資料時,須同時公佈向該其他證券交易所發佈的資料。 推動賢能二零二四財政年度收益強勁增長 新加坡,二零二四年十一月二十五日—賢能集團有限公司(新交所:41O/香港聯交所:1730)(「賢能」或「本公司」,連 同其附屬公司統稱「本集團」)於今日宣佈其截至二零二四年九月三十日止財政年度(「二零二四財政年度」)的業績。本 集團報得收益從截至二零二三年九月三十日止財政年度(「二零二三財政年度」)93.6百萬新加坡元(「同比」) 強勁增 長29.2%至二零二四財政年度121. ...
LHN(01730) - 2024 - 年度业绩
2024-11-25 14:47
Financial Performance - For the six months ended September 30, 2024, revenue increased by 31.0% to SGD 66,474 thousand compared to SGD 50,761 thousand in the same period of 2023[3] - The net profit attributable to equity holders from continuing operations surged over 100% to SGD 34,317 thousand, up from SGD 3,353 thousand in the previous year[6] - The company reported a gross profit of SGD 29,218 thousand for the six months ended September 30, 2024, reflecting a 4.6% increase from SGD 27,945 thousand in the same period of 2023[3] - Basic earnings per share from continuing operations rose to 8.26 Singapore cents, compared to 0.82 Singapore cents in the prior year, marking an increase of over 100%[3] - Total comprehensive income for the period was SGD 34,573 thousand, a 59.2% increase from SGD 21,716 thousand in the previous year[6] - The company’s total revenue for the fiscal year ended September 30, 2024, was SGD 121,021 thousand, up 29.2% from SGD 93,644 thousand in 2023[3] - The company’s total profit for the fiscal year ended September 30, 2024, was SGD 47,290 thousand, a 23.8% increase from SGD 38,211 thousand in 2023[6] Expenses and Costs - The company’s administrative expenses decreased by 40.6% to SGD 9,507 thousand for the six months ended September 30, 2024, compared to SGD 16,016 thousand in the same period of 2023[6] - The net financing costs increased by 33.8% to SGD 6,179 thousand for the six months ended September 30, 2024, compared to SGD 4,617 thousand in the previous year[6] - Total expenses for the six months ended September 30, 2024, amounted to SGD 48,505,000, an increase of 19.4% from SGD 40,668,000 in the same period of 2023[61] - The total depreciation expense for the six months ended September 30, 2024, was SGD 10,427,000, compared to SGD 9,094,000 in the same period of 2023, indicating an increase of 14.6%[61] - Financing costs increased by approximately SGD 2.9 million (or 32.8%) from SGD 8.9 million in FY2023 to SGD 11.8 million in FY2024, mainly due to increased interest expenses from bank borrowings and higher interest rates[117] Assets and Liabilities - Total assets increased to SGD 696.779 million as of September 30, 2024, compared to SGD 554.073 million in the previous year, representing a growth of 25.7%[10] - Non-current assets rose to SGD 570.098 million, up from SGD 416.288 million, marking a 37% increase year-over-year[10] - Current assets totaled SGD 126.681 million, a slight decrease from SGD 137.785 million, indicating a decline of 8.1%[10] - Total liabilities increased to SGD 439.743 million from SGD 336.024 million, representing a rise of 30.8%[10] - Bank borrowings rose to SGD 255.837 million, compared to SGD 149.453 million, showing an increase of 71.1%[10] - Total equity reached SGD 257.036 million, up from SGD 218.049 million, which is an increase of 17.9%[10] Cash Flow - Cash flow from operating activities for the year was 31,957 thousand SGD, a decrease of 45.0% from 58,265 thousand SGD in the previous year[20] - Cash flow from investing activities showed a significant outflow of 99,816 thousand SGD, compared to an outflow of 13,309 thousand SGD in the previous year, indicating increased investment activities[22] - Cash flow from financing activities resulted in a net inflow of 56,266 thousand SGD, contrasting with a net outflow of 19,837 thousand SGD in the previous year, highlighting improved financing conditions[22] - The company reported a decrease in cash and cash equivalents at year-end to 43,333 thousand SGD from 58,580 thousand SGD, a decline of approximately 26.0%[22] - Cash generated from operating activities was approximately SGD 28.4 million, offset by income tax payments[149] Dividends and Shareholder Returns - The company paid dividends amounting to 12,361 thousand SGD during the year, compared to 8,148 thousand SGD in the previous year, marking a 51.5% increase in dividend payouts[18] - The company proposed a final dividend of 1.0 Singapore cent per share for the fiscal year ending September 30, 2024[67] - The net asset value attributable to shareholders rose to SGD 254,181,000 as of September 30, 2024, up from SGD 216,194,000 in 2023[72] Segment Performance - The group has six reportable operating segments: Industrial, Commercial, Residential, Property Development, Facility Management, and Energy[45] - Total sales across segments amounted to SGD 149,877,000, with external sales contributing SGD 121,021,000[52] - The group reported a pre-tax profit of SGD 51,421,000, with a net profit of SGD 47,873,000 after tax expenses of SGD 3,548,000[52] - Revenue from rental properties reached SGD 45,632,000 for the year, up from SGD 37,359,000 in the previous year, indicating a growth of approximately 22.5%[57] - The company’s investment in joint ventures and associates totaled SGD 39,445,000, indicating strong performance in this area[54] Market and Business Developments - The occupancy rate for co-living spaces in Singapore reached 97.5% as of September 30, 2024[91] - The energy business recorded significant revenue growth, with a total solar power generation capacity of approximately 8.8 megawatts as of September 30, 2024[92] - The company secured 125 new facility management contracts and renewed 117 contracts during the fiscal year 2024[92] - The company completed the property at 55 Tuas South on schedule, which is expected to contribute to revenue in the next fiscal year[91] - The company plans to launch new development projects, including properties at 48 and 50 Arab Street, and 141 Middle Road, which will add over 250 rooms to its co-living portfolio by the end of the fiscal year 2025[98] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the group's consolidated performance for the fiscal year 2024 and confirmed compliance with applicable accounting standards and regulations[176] - The company has adopted the corporate governance codes from both Singapore and Hong Kong, ensuring compliance with stricter regulations[171] - The financial figures reported have not been audited or reviewed by the company's auditors[186]
LHN(01730) - 正面盈利预警截至二零二四年九月三十日止财政年度
2024-11-15 11:16
香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本公告的內容概不負責,對其準確 性或完整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損 失承擔任何責任。 LHN LIMITED 賢能集團有限公司* 股東及有意投資者於買賣本公司股份時務請審慎行事。股東及有意投資者如有疑問,應於買賣本公司證券或就其作出任何 投資決策前徵詢其專業顧問的獨立意見。 承董事會命 賢能集團有限公司* 執行主席及集團董事總經理 林隆田 新加坡,二零二四年十一月十五日 於本公告日期,執行董事為林隆田先生及林美珠女士;以及獨立非執行董事為莊立林女士、楊志雄先生及陳嘉樑先生。 正面盈利預警 截至二零二四年九月三十日止財政年度 本公告乃由賢能集團有限公司(「本公司」,連同其附屬公司統稱「本集團」)根據香港聯合交易所有限公司證券上市規 則(「上市規則」)第13.09條及香港法例第571章證券及期貨條例第XIVA部項下的內幕消息條文作出。 本公司董事(「董事」)會(「董事會」)謹此知會本公司股東及有意投資者,在對本集團截至二零二四年九月三十日止 財政年度(「二零二四財政年 ...
LHN(01730) - 董事会会议日期
2024-11-13 10:26
董事會會議日期 香港交易及結算所有限公司、香港聯合交易所有限公司及新加坡證券交易所有限公司對本 公告的內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確表示概不就因本公 告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任 。 LHN LIMITED 賢能集團有限公司* (於新加坡共和國註冊成立的有限公司) (香港股份代號 : 1730) (新加坡股份代號 : 41O) 於本公告日期,執行董事為林隆田先生及林美珠女士;以及獨立非執行董事為莊立林女士、楊志 雄先生及陳嘉樑先生。 * 僅供識別 賢能集團有限公司("本公司",連同其附屬公司,統稱"本集團")董事會("董事會")謹此宣佈 ,將於二零二四年十一月二十五日(星期一)召開董事會會議,以(其中包括)考慮及批准本公 司及其附屬公司截至二零二四年九月三十日止財政年度的綜合全年業績以及考慮建議派發 末期股息(如有)。 承董事會命 賢能集團有限公司* 林隆田 執行主席及集團董事總經理 新加坡,二零二四年十一月十三日 ...
LHN(01730) - 2024 - 中期财报
2024-06-27 10:18
Financial Performance - The company reported a basic earnings per share of 3.17 Singapore cents for the six months ended March 31, 2024, down from 4.14 Singapore cents in the previous year, a decline of 23.4%[11]. - The company reported a net profit attributable to equity holders of SGD 12,973,000 for the six months ended March 31, 2024, down from SGD 16,937,000, a decrease of 23.4%[11]. - The group's revenue for the six months ended March 31, 2024, was SGD 54,547 thousand, a decrease of 15.7% compared to SGD 64,777 thousand for the same period in 2023[72]. - Gross profit increased to SGD 34,791 thousand for the six months ended March 31, 2024, up from SGD 27,862 thousand in the previous year, representing a growth of 24.5%[72]. - The company’s other income decreased by 83.7%, from approximately 15.9 million Singapore dollars in the first half of 2023 to about 2.6 million Singapore dollars in the first half of 2024[58]. Expenses and Costs - Marketing expenses increased to SGD 324,000 from SGD 283,000, a rise of 14.5%[5]. - Commission expenses decreased significantly to SGD 649,000 from SGD 1,360,000, a reduction of 52.3%[5]. - Total financing costs netted at SGD 5,636,000, up from SGD 4,278,000, reflecting a 31.7% increase[5]. - Interest expenses on borrowings increased to SGD 4,157,000 from SGD 2,913,000, a rise of 42.7%[5]. - The group recorded a financing cost of approximately SGD 5.6 million for the first half of 2024, an increase of 31.7% from SGD 4.3 million in the previous year, primarily due to increased bank borrowings and higher interest rates[90]. Dividends and Share Capital - The interim dividend declared is SGD 0.01 per share, consistent with the previous year[10]. - The maximum possible number of shares to be issued as scrip dividend for the special dividend declared for the fiscal year ending September 30, 2023, is 13,410,167 shares[18]. - As of March 31, 2024, the total issued shares amount to 408,945,400, maintaining the same number as of September 30, 2023[17]. - The company declared an interim dividend of SGD 0.01 per share, equivalent to HKD 0.0577, to be paid on June 24, 2024[167]. - There were no changes in the company's share capital structure during the first half of 2024[165]. Assets and Liabilities - Total bank borrowings increased to 213,656 thousand Singapore dollars as of March 31, 2024, compared to 168,299 thousand Singapore dollars as of September 30, 2023[21]. - Total liabilities of the reported segments as of March 31, 2024, amount to 367,770 thousand Singapore dollars, compared to 336,024 thousand Singapore dollars as of September 30, 2023[29]. - Non-current liabilities increased by approximately SGD 29.6 million to SGD 268.7 million as of March 31, 2024, mainly due to the factors outlined[124]. - The asset-liability ratio as of March 31, 2024, was 58.1%, an increase from 56.2% as of September 30, 2023, primarily due to increased bank borrowings[108]. - Cash and cash equivalents increased by approximately SGD 3.0 million to approximately SGD 61.6 million as of March 31, 2024[132]. Revenue Streams - For the first half of 2024, the company reported total revenue of 20,586 thousand Singapore dollars from residential properties, a significant increase of 88.6% compared to 10,917 thousand Singapore dollars in the same period of 2023[50]. - The energy business achieved a revenue increase of over 100%, with earnings rising from 267 thousand Singapore dollars in the first half of 2023 to 825 thousand Singapore dollars in the first half of 2024[50]. - The company’s total lease payments from rental properties and owned investment properties as of March 31, 2024, amounted to 38,716 thousand Singapore dollars, slightly down from 39,024 thousand Singapore dollars as of September 30, 2023[67]. - The company reported a decrease in industrial property income from approximately 13.0 million Singapore dollars in the first half of 2023 to about 12.6 million Singapore dollars in the first half of 2024, a decline of 3.0%[51]. - The energy business revenue rose significantly by 209.0% to approximately SGD 0.8 million in the first half of 2024, driven by increased solar business revenue[86]. Strategic Developments - The company completed the sale of 84.05% of its subsidiary LHN Logistics Limited, with the results classified as discontinued operations[8]. - The company is currently constructing a nine-story industrial development property with a saleable area of 112,000 square feet, expected to receive a temporary occupation permit by the fourth quarter of the fiscal year ending September 30, 2024[46]. - The group plans to transform the property at 260 Upper Bukit Timah Road into a vibrant integrated development, indicating future expansion strategies[78]. - The company secured 9 solar contracts, resulting in a total renewable energy generation capacity of approximately 5.9 megawatts by the end of the first half of 2024[44]. - The company completed a strategic acquisition for $200 million, expected to enhance its market position significantly[199]. Employee and Governance - The group had 458 employees as of March 31, 2024, a slight decrease from 459 employees on September 30, 2023[162]. - The board of directors confirmed compliance with the corporate governance codes of Hong Kong and Singapore, except for the separation of roles between the chairman and CEO[175]. - The company has ensured that all directors and relevant employees complied with the securities trading policies during the first half of 2024[177]. - The company confirmed that there were no transactions that could potentially compete with its business during the review period[174]. - The company has a share option plan representing 40,894,540 shares, approximately 10% of the issued share capital, as of March 31, 2024[152].
LHN(01730) - 2024 - 中期业绩
2024-05-13 14:14
Financial Performance - The net asset value attributable to shareholders increased to SGD 225.336 million as of March 31, 2024, compared to SGD 216.194 million as of September 30, 2023, representing a growth of approximately 5.3%[4] - Basic and diluted earnings per share remained the same at SGD 0.55 as of March 31, 2024, due to no potential dilutive securities being issued[3] - Total revenue for the six months ended March 31, 2024, was SGD 54.547 million, a significant increase from SGD 42.883 million for the same period in 2023, reflecting a growth of approximately 27.3%[8] - The group reported a profit before tax from continuing operations of SGD 15.253 million for the six months ended March 31, 2024, compared to SGD 17.849 million for the same period in 2023, indicating a decrease of about 14.5%[10] - The group reported a net profit attributable to equity holders of SGD 12,973,000 for the six months ended March 31, 2024, compared to SGD 15,184,000 for the same period in 2023, a decrease of 14.5%[29] - The basic earnings per share for the six months ended March 31, 2024, was 3.17 Singapore cents, down from 3.71 Singapore cents in the previous year, a decline of 14.6%[29] - The total comprehensive income for the period was SGD 6,558,000, reflecting the company's operational performance[52] - The total comprehensive income for the period was SGD 13,515,000, down 27.9% from SGD 18,735,000 in the same period last year[64] - The group’s total profit for the first half of 2024 decreased by approximately SGD 5.0 million (or 27.6%) to about SGD 13.3 million from approximately SGD 18.3 million in the first half of 2023[179] Revenue and Profitability - The group’s gross profit for the six months ended March 31, 2024, was SGD 34.791 million, compared to SGD 27.862 million for the same period in 2023, marking an increase of approximately 24.8%[7] - Gross profit increased by 36.0% to SGD 34,791,000 compared to SGD 25,584,000 in the previous year[41] - Revenue for the six months ended March 31, 2024, was SGD 54,547,000, representing a 27.2% increase from SGD 42,883,000 in the same period last year[41] - The company reported a pre-tax profit of SGD 15,253,000, with a net profit of SGD 13,258,000 after tax adjustments[86] - Total revenue for the first half of 2024 reached 54.5 million SGD, an increase of 27.2% compared to 42.9 million SGD in the same period of 2023[139] Cash Flow and Financial Position - The group’s cash flow was impacted by the discontinued operations, with employee costs related to the Logistics group amounting to SGD 534,000 being reclassified[1] - The net cash generated from operating activities for the six months ended March 31, 2024, was SGD 14,622,000, a decrease from SGD 27,750,000 in the previous year, representing a decline of approximately 47%[70] - The total cash and cash equivalents at the end of the period increased to SGD 61,603,000 from SGD 33,691,000, marking an increase of about 83%[70] - The cash flow from financing activities generated a net cash inflow of SGD 17,434,000, significantly higher than the previous year's inflow of SGD 3,592,000[70] - The group’s financial liabilities increased to SGD 350,838,000 at amortized cost as of March 31, 2024, up from SGD 318,860,000 as of September 30, 2023, reflecting a growth of 10%[22] - The group’s financial assets totaled SGD 123,747,000 at amortized cost, a decrease from SGD 125,980,000 as of September 30, 2023, representing a decline of 1%[22] Investments and Acquisitions - A joint venture was established with Macritchie Developments Pte. Ltd. to form Jadeite Properties Pte. Ltd., with a property acquisition cost of SGD 26.5 million[11] - The group successfully acquired properties at 99 Rangoon Road and 288 River Valley Road, with planning permission obtained for converting the GSM building's third to sixth floors into serviced apartments[23] - The company plans to convert the GSM building into a serviced apartment with approximately 187 rooms after obtaining planning permission[162] - The group recorded a fair value loss on investment properties amounting to SGD 3,852,000, impacting overall profitability[114] - The group's investment properties increased by approximately SGD 37.9 million, mainly due to acquisitions of properties located at 288 River Valley Road and 99 Rangoon Road[181] Operational Highlights - The group managed 2,534 rooms under the Coliwoo co-living brand as of March 2024, indicating strong growth in the residential property segment[23] - The occupancy rate for co-living spaces in Singapore remained high at 91.8%, demonstrating resilience despite increased competition and rental price stabilization[135] - The company secured 60 new contracts and successfully renewed 81 existing contracts in the integrated facilities management segment, increasing the number of ICFM clients from 83 to 103[139] - The company plans to launch new residential properties, including 800 additional rooms for the Coliwoo product line by the end of the fiscal year ending September 30, 2025[137] - The company plans to enhance its market share in the facility management business by managing 11 parking lots starting April 2024, which will include over 700 parking spaces[130] Challenges and Risks - The group reported a net loss from discontinued operations of SGD 2.756 million for the six months ended March 31, 2023[10] - Other income decreased significantly by 83.7% to approximately SGD 2.6 million, primarily due to the absence of non-recurring gains from the previous year and reduced rental income from government subsidies[132] - The company incurred a cash outflow of SGD 33,894,000 for the acquisition of investment properties, down from SGD 40,878,000 in the previous year, reflecting a decrease of about 17%[70] - The company’s total operating expenses rose to SGD 34,998,000, an increase of 4.7% from SGD 33,419,000 in the prior year[155]
LHN(01730) - 2023 - 年度财报
2024-01-07 10:47
Financial Performance - For the fiscal year 2023, the company recorded revenue of SGD 93.6 million, a 10.9% increase from SGD 84.5 million in fiscal year 2022[36] - The net profit after tax for fiscal year 2023 remained at SGD 40.2 million, with earnings per share at SGD 0.0934 and net asset value per share increasing to SGD 0.5287[36] - The profit before tax from continuing operations was SGD 22.98 million, down from SGD 55.12 million in the previous year, indicating a decline of about 58.3%[95] - The company reported a profit before tax of SGD 44.289 million for the fiscal year 2023, a decrease of 16.4% compared to SGD 53.012 million in 2022[103] - Total profit for the year decreased by approximately SGD 7.3 million (or 15.3%) to about SGD 40.2 million in FY2023[141] Dividends and Shareholder Returns - The company proposed a final dividend of SGD 0.01 per ordinary share and a special dividend of SGD 0.01 per ordinary share, totaling a dividend of SGD 0.03 per share for fiscal year 2023[36] - The board has approved a new dividend policy, increasing the payout ratio to 30% of net income starting next fiscal year[76] Business Operations and Projects - The company completed 21 solar projects in Singapore by September 30, 2023, as part of its renewable energy initiatives[21] - The company aims to complete its first project at 55 Tuas South Avenue 1, a nine-story multi-user food processing development with 49 units, by the fiscal year 2024[20] - The company is actively involved in property development and investment, focusing on enhancing property value for sustainable long-term capital appreciation[3] - The company has successfully launched its flagship Coliwoo property at 2 Mount Elizabeth Link, which is the largest co-living residence in Orchard[59] - The company completed the acquisition of the property at 48 Arab Street and 404 Pasir Panjang, enhancing its property portfolio[59] Revenue Streams - The space optimization business contributed 64.5% of the total revenue for the fiscal year 2023, with a significant growth of 46.1% compared to fiscal year 2022[40] - The residential business, driven by the Coliwoo co-living concept, saw an 81.5% increase in revenue for fiscal year 2023[41] - The industrial segment generated revenue of SGD 25.19 million, while the commercial segment contributed SGD 5.91 million, reflecting a diversified revenue stream[98] - Revenue from residential properties surged by SGD 13.2 million (81.5%) to SGD 29.3 million in FY2023, driven by increased occupancy and rental rates in co-living spaces[123] Market Expansion and Strategy - The company aims to expand its market share internationally, especially in other ASEAN countries, aligning with its diversification and sustainable long-term growth goals[52] - The company plans to enhance its market presence by transitioning to the mainboard of the Singapore Exchange, which was approved by shareholders[116] - The company has set a target to expand its market presence in Southeast Asia, aiming for a 30% increase in market share by 2025[76] Sustainability Initiatives - The company has committed to achieving net-zero emissions as part of its sustainability strategy, implementing measures to reduce its carbon footprint through responsible resource consumption and renewable energy adoption[176] - Sustainability initiatives are being prioritized, with a commitment to reduce carbon emissions by 40% by 2030[76] - The company has actively promoted recycling and upcycling among employees and business partners, placing recycling bins in offices and properties to properly sort waste[180] Employee Engagement and Welfare - The company aims to create a fair, safe, and healthy workplace for employees, focusing on their commitment to employee welfare and professional development[186] - The company has implemented health and wellness programs for employees, including on-site health screenings and telemedicine services[189] Corporate Governance - The company is committed to maintaining good corporate governance practices while balancing environmental and social impacts[175] - The company has adopted the Hong Kong Corporate Governance Code as part of its corporate governance policy since December 29, 2017, in addition to complying with Singapore's corporate governance guidelines[198] Challenges and Risks - The company is actively monitoring macroeconomic and geopolitical risks to adjust its strategies in response to changing economic conditions[112] - The company anticipates that regulatory changes, such as increased buyer stamp duty, may suppress housing demand and boost rental willingness[111]