Grp Ltd. · SGX:BLU
Grp — Shareholder Meeting (October 2024)
10 slides from Grp's shareholder meeting presentation, Oct 24, 2024
Slide 1: AGM 24 October 2024
AGM 24 October 2024 GRP LIMITED 1
Slide 2: Disclaimer
Disclaimer This presentation includes privileged and confidential information; any copying or distribution of this material, or any information it contains, is strictly prohibited. If you have received this presentation in error, please delete all physical and digital copies and notify GRP Limited (
Slide 3: 2024 Business Review
2024 Business Review Revenue of 17.97 million in FY2024 Highlights • Revenue of $17.97 million, 4.9% lower than revenue of $ 18.90 million in FY2023. • Loss before tax of $0.06 million in the year under review as compared to a loss of $5.34 million in FY2023. • Loss after tax of $0.83 million in FY2
Slide 4: Key Financial Indicators
Key Financial Indicators Balance sheet remains healthy – High cash levels and low gearing ✓ Cash accounts for 53% of NAV (S$'000) 2024 2023 Cash & Cash Equiv. 17,567 18,909 Total Assets 45,410 43,639 Total Liabilities 12,553 9,919 Net Asset Value (NAV) 32,857 33,720 Cash as % of NAV 53.47% 56.08% lo
Slide 5: Property Segment
Property Segment Project: Affordable housing project in Seri Iskandar for development of 1,039 terraces houses and 28 shop units Milestones 2 Dec 2020 Ratus Nautika Sdn Bhd (“RNSB”) entered into a Joint Venture Development Agreement ("JVDA") and was designated by Lembaga Perumahan Dan Hartanah, Pera
Slide 6: Property Segment - Display Apartment Photos
Property Segment Display Apartment Photos Notes: Interior design used as a prototype for display apartment Living Room Dining Hall GRP Limited 6
Slide 7: Property Segment Phase 1
Property Segment Phase 1 GRP Limited 7
Slide 8: Property Segment Phase 2
Property Segment Phase 2 GRP Limited 8
Slide 9: Moving Forward
Moving Forward Key Challenges in Property Segment Opportunities in Measuring Instrument/Metrology Segment Focus on resolving issues with EESB on the affordable housing property project in Perak, Malaysia Focus is to explore new products or services that Actively seeking legal advice to resolve
Slide 10: Thank you!
Thank you! GRP Limited 10