Choo Chiang Holdings Ltd · SGX:42E
Choo Chiang — Shareholder Meeting (April 2024)
23 slides from Choo Chiang's shareholder meeting presentation, Apr 25, 2024
Slide 1: Choo Chiang Holdings Ltd. Annual General Meeting FY2023
CHOO CHIANG HOLDINGS LTD. Annual General Meeting FY2023 25 April 2024 HERE IN EVERY WAY
Slide 2: Contents
Contents 1. Business Review 2. Financial Highlights 3. 2024 Strategic Growth Plans 2
Slide 3: Business Review
BUSINESS REVIEW 1
Slide 4: A Snapshot
A Snapshot About Us Market Presence Products and Brands • ONE of the leading retailers and distributors of electrical products • Extensive product range for residential and industrial use and accessories in Singapore ------------------------ (1) • Also holds 12 investment properties from which we de
Slide 5: Key Corporate Milestones
Key Corporate Milestones 1977: Choo Chiang Electrical Trading 1991: Local distributor - Clipsal, Legrand & MK Service was set up by Thomas Lim Distributor 1995: Local distributor - Hager Set up with a business partner In the and dealer for 2004: Local distributor – Own brands, CCM and CRM 1991: Thom
Slide 6: Wide Retail Network Strategically Located Across Different Parts of Singapore
Wide Retail Network Strategically Located Across Different Parts of Singapore 10 retail branches 55 sales staff 18 delivery vehicles • Allows our customers to be able to purchase our products conveniently throughout the island • Able to deliver our products quickly and efficiently 6
Slide 7: Extensive Range of Electrical Products and Accessories
Extensive Range of Electrical Products and Accessories 7
Slide 8: Distributor and Dealer for Many Established Brands
Distributor and Dealer for Many Established Brands 8
Slide 9: Our Properties in Singapore
Our Properties in Singapore 12 $17.2 2027 Investment properties Market Value(1) M 5 New investment properties Estimated year of completion $12.2 M $5.72 M Total cost Net Book Value(1) We own 12 investment properties from which our Group derives rental income 4 Our upcoming investment properties in S
Slide 10: Awards and Achievements
Awards and Achievements Year Award/Certification Award Organisation 2023 Forbes Asia “BEST UNDER A BILLION” List Forbes Asia Ranked 91 in Brand Finance Singapore Top 100 2023 (Since 2018) Brand Finance (2022: ranked 98) 2020 Business Excellence Award Enterprise Singapore 2018 Singapore SME 1000 Comp
Slide 11: Financial Highlights
FINANCIAL HIGHLIGHTS 2
Slide 12: Financial Statistics: Revenue
Financial Statistics Revenue (S$’m) CAGR 9.2% 0.5 0.6 0.5 0.5 0.5 87.1 90.4 78.9 63.4 52.2 FY2019 FY2020 FY2021 FY2022 FY2023 Distribution Business Property Investment 12
Slide 13: Financial Statistics: Gross Profit
Financial Statistics Gross Profit (S$’m) 29.6% 29.3% 29.7% 30.1% 28.9% CAGR 9.7% 25.3 27.4 23.6 18.9 15.5 FY2019 FY2020 FY2021 FY2022 FY2023 Gross Profit Gross Profit Margin 13
Slide 14: Financial Statistics: Net Profit
Financial Statistics Net Profit (S$’m) CAGR 20.4% 10.5 8.6 9.0 5.0 3.0 FY2019 FY2020 FY2021 FY2022 FY2023 Net Profit 14
Slide 15: Financial Statistics: Strong Balance Sheet
Financial Statistics Strong Balance Sheet Total Assets (S$'m) 81.7 75.1 Total Liabilities (S$'m) 69.6 61.2 61.8 17.6 18.4 14.6 16.3 14.1 FY2019 FY2020 FY2021 FY2022 FY2023 FY2019 FY2020 FY2021 FY2022 FY2023 Net Asset Value Per Share (Cents) 30.5 Cash & bank Balances (S$'m) 22.4 23.0 27.7 25.7 30.6 S
Slide 16: Dividend and Earning Per Share
Financial Statistics Dividend and Earning Per Share (Cents) 63.3% 60.0% 49.4% 50.7% 51.2% 48.5% 50.0% CAGR 20.7% (EPS) 40.0% CAGR 21.3% (Dividend) 30.0% 5.1 4.1 4.3 20.0% 2.4 2.6 2.0 2.2 10.0% 1.2 1.4 0.9 0.0% FY2019 FY2020 FY2021 FY2022 FY2023 EPS Dividend Dividend Payout Ratio 16
Slide 17: 2024 Strategic Growth Plans
2024 STRATEGIC GROWTH PLANS 3
Slide 18: Our Strategies
Our Strategies Prudent Expansion of Extension of our Widening Our Brand’s Retail Network services via CCM brand Product Range • Providing direct electrical • On the product level, the • We will continue expanding our and lighting solutions for Group intends to reinforce retail network in Singapore d
Slide 19: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute or form part of an offer, solicitation, recommendation or invitation for the sale or purchase or subscription of securities in Choo Chiang. No part of it nor the fact of its presentation shall form the basis of or
Slide 20: End Thank You
END THANK YOU
Slide 21: Resolutions Passed at the Annual General Meeting
RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING HELD ON 25 APRIL 2024 The board of directors (the “Board”) of Choo Chiang Holdings Ltd. (the “Company”) wishes to announce that pursuant to Rule 704(15) of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) Listing Manual Section B: Rule
Slide 22: Resolution Voting Results
For Against Total As a As a number percentage percentage of shares Number of total Number of total Resolution number represented of number of number and details by votes for shares of votes shares of votes and against for and for and the relevant against the against the resolution resolution resolut
Slide 23: Parties Who Abstained from Voting
The details of parties who abstained from voting on the resolutions, including the number of shares held and the individual resolution on which they abstained from voting are set out below. Ordinary Resolution 8 - Authority to grant awards and issue shares pursuant to the Choo Chiang Performance Sha
Choo Chiang Holdings — Shareholder Meeting (April 2024) on 6ix