250 Mike SimMike Sim, 71. NextInsight file photoSINWA LIMITED's driving force and controlling shareholder, Mike Sim Yong Teng, 71, re-assumed the role of executive chairman (on 8 Jan 2016) after three years of being disqualified from holding any directorship in a company.

In Oct 2012, the court convicted him of insider trading. Sinwa then appointed him as a 'consultant'.

His executive chairman's seat was filled by Ms Tan Lay Ling who retains her executive director position and is redesignated as chief operating officer of the company.

Stock price  21 cents
52-week range 19 – 25.4 cents
PE (ttm) 10.0
Market cap S$71.6 million
Shares issued 341.1 million
Dividend yield 2.38%
Mr Sim’s father started Sinwa Ship Supply Pte Ltd in the late 1960s.

Over the past 30 years or so, Mr Mike Sim led the company from a nondescript family ship-supply business to become Singapore’s leading offshore, marine and logistics supply and services group, with operations in Australia, China and Malaysia. 

Its 9M2015 revenue grew 7.8% year-on-year to S$122.7 million. Net profit rose 6.1% to S$7.7 million.

Share Prices

Counter NameLastChange
AEM Holdings1.150-
AusGroup0.023-
Avi-Tech Electronics0.270-
Best World Int.1.360-
CEI0.9400.025
China Sunsine1.030-0.020
CNMC GoldMine0.285-
CSE Global0.4450.010
Eagle HTrust USD0.685-0.005
Food Empire0.520-0.015
Golden Energy0.187-0.001
GSS Energy0.0730.001
ISDN Holdings0.215-
ISOTeam0.230-
JB Foods0.640-0.005
KSH Holdings0.440-0.005
Miyoshi0.040-
Moya Asia0.068-
Nordic Group0.265-
Oxley Holdings0.305-
Procurri0.320-
REX International0.0830.007
Riverstone0.9250.010
Roxy-Pacific0.375-0.005
Sing Holdings0.395-
SingMedical0.320-0.020
Straco Corp.0.730-0.010
Sunningdale Tech1.300-
Sunpower Group0.450-0.010
The Trendlines0.0830.001
Tiong Seng0.210-
Uni-Asia Group0.730-0.005
Yangzijiang Shipbldg0.915-0.015

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2185 guests and 2 members online

  • admin2