BREAKING:

China Environmental Resources Group Limited has announced its audited consolidated results for the year ended 30 June 2025. The Group recorded a total comprehensive loss for the period, despite showing a reduction in the overall loss compared to the previous year. The results reflect a significant drop in revenue, largely attributed to performance declines in both the motor business and the material recycled business. Crucially, the Group is navigating material uncertainties concerning its ability to continue as a going concern, but directors have outlined measures to improve liquidity and secure sufficient cash resources.

• Explore the significant financial uncertainties currently facing the Group and the mitigating actions, including cost-saving initiatives and shareholder commitments, designed to stabilise the financial position

• Uncover how global supply chain disruptions and declining consumer purchasing power in major markets have negatively impacted the high-end motor accessories segment

• Find out about the Group’s strategic move to explore participation in the carbon market by leveraging its standing timbers on the Plantation Land

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BREAKING:

Jawala Inc. confirms the expectation of reporting a net loss for the full financial year 2025. This outcome was primarily driven by lower sales in the second half of the year, following the Group’s choice to delay logging and production operations in response to adverse market and weather conditions. While full-year revenue increased compared to the previous period, ongoing challenges stemming from inflationary cost pressures and global tariff uncertainties continue to affect the timber industry.

• Discover the strategic choice the Group made to delay operational activities during the latter half of the year due to challenging weather and adverse market dynamics

• Examine the factors contributing to the net loss, including significant changes in the unrealised fair value of biological assets

• Learn why the Board decided against declaring or recommending a dividend for the financial year, taking the recorded loss into consideration

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BREAKING:

Khong Guan Limited finished the financial year ended 31 July 2025 with an expected net loss. This result was mainly caused by the establishment of specific provisions for doubtful debts at a Malaysian subsidiary, along with losses incurred by Singapore operations and the Company itself. However, the overall share of results derived from the associated companies improved markedly compared to the previous year. Looking ahead, management remains cautious due to global trade uncertainties and inflationary pressures, although the price environment may offer some support to associated milling operations.

• The Group faced significant operational struggles, necessitating the establishment of substantial provisions related to potential credit difficulties in key regional markets

• Revenue generation within Malaysian operations was affected by factors such as a dip in festive consumption and the termination of certain brand distribution rights

• The contributions from the Group's associated companies showed a positive turnaround, shifting from an overall loss to providing a net profit contribution

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BREAKING:

F J Benjamin Holdings Ltd navigated a challenging FY2025, recording decreased turnover due to persistently weak consumer sentiment and the closure of non-profitable stores, particularly in Singapore and Malaysia. Despite implementing various cost management measures, including headcount rationalisation and the relocation of back-end offices, the Group reported a significant net loss. The results also involved substantial charges related to expected credit losses and asset impairments. Looking ahead, the future performance is subject to uncertainty following the mutual agreement to terminate a major brand relationship in key Southeast Asian markets.

• The Group took action to "right-size" its operations, driving down operational expenses through lower staff costs and reduced advertising

• Significant impairments were recognized, reflecting the difficult operational and financial environment faced by an associate company

• A major partnership concerning retail and distribution for a significant brand is set to conclude, raising expectations of a material impact on the Group's results for the upcoming financial year

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BREAKING:

Vicplas International Ltd achieved overall revenue growth, primarily driven by the medical devices segment, although it reported a consolidated loss after tax. The medical devices segment is focused on expanding its global footprint, notably with a new manufacturing facility starting commercial production to enhance manufacturing flexibility. The pipes and pipe fittings segment continues to benefit from robust activity in Singapore’s built environment but faces intensified competition and cost pressures.

• Discover how global expansion and the start of commercial production at a crucial new facility in North America is attracting fresh projects and customers

• The medical devices segment experienced a significant uplift in orders following major post-pandemic inventory adjustments made by certain customers

• Learn about the pipes segment’s move to diversify its portfolio, introducing new uPVC door products which are currently in the initial stages of market commercialisation

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BREAKING:

This annual report details the performance of the Amova SGD Investment Grade Corporate Bond Index ETF, formerly known as the Nikko AM ETF, for the financial year ended 30 June 2025. It covers the fund's investment objective to track a Singapore dollar-denominated investment grade bond index and outlines its financial results, portfolio composition, and operational details. The report also includes statements from the Manager, Trustee, and an independent auditor's opinion on the financial statements.

• Discover the fund's total return for the financial year and see how it compares to the previous year

• Explore a detailed breakdown of the portfolio's diverse holdings across key industries like banking, finance, and government

• Understand the key financial risks the fund manages, including market, liquidity, and credit risks

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BREAKING:

Based on its latest unaudited full-year results, A-Smart Holdings Ltd experienced a challenging period marked by a decrease in revenue and a widening net loss compared to the previous year. The decline was primarily driven by reduced activity in its print and media segment. Despite this, the company is moving forward with its property development projects in Timor-Leste and is taking steps to manage rising operational costs across its businesses. The company did not declare a dividend for the financial year.

• The company's traditional print and media business saw a significant drop in revenue due to fewer organised events

• Despite overall losses, the company's investment in an associated supermarket venture in China showed a positive turnaround

• Major construction projects in Timor-Leste are progressing, with the company preparing for a new fundraising effort to support these developments

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BREAKING:

This annual report details the performance of the Amova-StraitsTrading Asia ex Japan REIT Index ETF for the financial year ending 30 June 2025. It covers the fund's investment objective to replicate the FTSE EPRA Nareit Asia ex Japan REITS 10% Capped Index and outlines its financial performance, including income from dividends and gains on investments. The report also confirms a name change for both the fund and its manager, effective September 2025.

• Performance Reversal: Discover how the fund turned a significant deficit from the previous year into a substantial total return

• Geographic Shifts: See how the fund's investment focus across Asia has changed, with notable shifts in allocations to key markets like Singapore and Malaysia

• A New Identity: Learn about the fund's recent rebranding, reflecting a new chapter for the manager and the ETF itself

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BREAKING:

This annual report covers the financial operations and investment strategy of the Amova Singapore STI ETF for the period ending 30 June 2025. The report confirms the significant organizational change, detailing the fund's official renaming from its former designation. The core mission remains the replication of the Straits Times Index performance, primarily by investing in Singapore-listed equity securities.

• Uncover details about the substantial transition and rebranding of the Fund and its management team

• Examine the Fund’s primary investment objective: replicating a leading Singapore equity benchmark using a dedicated replication approach

• Review the portfolio allocation, highlighting the heavy weighting toward the Banks and Finance sector, while also noting exposures in other regions such as Hong Kong SAR and Thailand

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BREAKING:

The annual report details the performance and financial position of the ABF Singapore Bond Index Fund, Singapore’s first exchange traded bond fund. The Fund's objective is to achieve investment results that closely correspond to the total return of the iBoxx ABF Singapore Index before fees and expenses. The portfolio is concentrated in high quality, Singapore government and quasi-government bonds, typically denominated in Singapore dollars. The review period shows the Fund achieved significant net gains on the value of its investments and a resulting increase in total return over the previous financial year. The document also outlines the Fund's governance and risk mitigation framework.

• The Fund’s portfolio maintained a dominant focus on sovereign fixed income securities issued by the government

• Management successfully mitigated the primary financial risks faced by the investment vehicle, focusing particularly on interest rate movements

• The entity responsible for managing the Fund underwent a name change effective shortly after the financial year concluded

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