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$Alpina Holdings(ZXY.SI) A potential lower profit in the recent update but this company definitely going to benefit from Singapore Green Plan 2030!
2030 targets:
Increase solar energy deployment by five-fold to at least 2 GWp, which can meet around 3% of our 2030 projected electricity demand and generate enough electricity to power more than 350,000 households a year (1.5 GWp by 2025, which can meet around 2% of our 2025 projected electricity demand and generate enough electricity to power more than 260,000 households a year)
200 MW of energy storage systems deployment beyond 2025, which can power more than 16,000 households a day
Best-in-class generation technology that meets heat-rate/emissions standards and reduces carbon emissions
Diversified electricity supply with clean electricity imports
https://www.greenplan.gov.sg/targets
Alpina has been a laggard since IPO...with 99% of its client being govt agencies...this is a company at the top of my radar screen.
BCA projects Singapore construction demand in 2023 to hit S$27-32b, with public sector leading the way
BCA expects 60 per cent of construction demand to come from the public sector. PHOTO: CMG FILE
THE value of construction contracts to be awarded in 2023 is projected to range between S$27 billion and S$32 billion this year, Singapore&rsquo s Building and Construction Authority (BCA) said on Thursday (Jan 12).
Analysts are also positive on the sector, even as it continues to face manpower constraints and disruptions from safety incidents.
This predicted range is the same as the year before, with 60 per cent of construction demand expected to come from the public sector, which BCA estimates will contribute between S$16 billion and S$19 billion.
This will be supported by a strong pipeline of public housing projects as the Housing and Development Board ramps up Build-To-Order flat supply, BCA noted. Industrial and institutional building construction will also boost public sector demand with more water treatment plants, educational buildings and community club projects.
The private sector, meanwhile, is anticipated to contribute between S$11 billion and S$13 billion, in line with 2022 figures. Residential and industrial building construction demand is projected to be similar to last year, buoyed by new condominiums and high-specification industrial building projects.
BCA expects commercial building demand to rise as some major projects from 2022 were rescheduled to 2023. Old commercial premises will also be redeveloped to enhance asset values.
Based on preliminary estimates, total construction demand in 2022 hit S$29.8 billion, in line with BCA&rsquo s S$27 billion to S$32 billion forecast and similar to the S$29.9 billion recorded in 2021.
Public sector construction demand rose slightly to S$17.9 billion in 2022, from S$17.8 billion in the year-ago period. Private sector demand, however, moderated slightly to S$11.9 billion in 2022 from S$12.1 billion the year before, on various economic downside risks.
On construction output, BCA expects the value of certified progress payment to increase to between S$30 billion and S$33 billion in 2023, from the 2022 preliminary estimate of S$30.2 billion. It projects a steady level of construction demand and some backlog from remaining workloads impacted by the Covid-19 pandemic.
In the medium term, BCA estimates total construction demand to hit between S$25 billion and S$32 billion per year from 2024 to 2027, with the public sector continuing to lead demand with S$14 billion to S$18 billion per annum.
Private sector demand is expected to remain steady over the same period, reaching some S$11 billion to S$14 billion per annum, keeping &ldquo healthy investment commitments&rdquo in mind amid the Republic&rsquo s strong economic fundamentals, BCA said.
Analysts that The Business Times spoke to said locally listed construction companies should benefit from robust demand.
CGS-CIMB analyst Ong Khang Chuen said the latest forecast suggests that construction companies will be able to replenish their order books on top of their strong order backlogs, despite macroeconomic concerns.
&ldquo We also expect better margins for construction companies as they continue to flush out pre-pandemic order books (lower margins hit by a spike in related costs) and start executing on newer projects,&rdquo he said.
Head of equities research at SAC Capital Matthias Chan believes the value of construction contracts awarded could even surprise on the upside as the sector continued to suffer the effects of Covid-19 related constraints in 2022.
In particular, he likes Lian Beng Group : L03 0% for its inexpensive valuation and dividend yield of close to 6 per cent, adding that the company derives about 80 per cent of its revenue from construction activities.
Meanwhile, Ong continues to favour building material players such as steel solutions provider BRC Asia : BEC 0%, ready-mix concrete provider Pan-United Corporation : P52 -1.23%, and industrial conglomerate Hong Leong Asia.
Still, SAC&rsquo s Chan noted that construction companies could still experience manpower shortages and manpower cost increases.
Phillip Securities Research senior research analyst Terence Chua said he expects work delays due to the heightened safety period imposed by the Ministry of Manpower in September last year.
&ldquo The downside risk is an extension of the heightened safety period beyond Mar 1, 2023 in view of the high spate of workplace accidents, which could weigh on the construction companies,&rdquo he added.
CGS-CIMB&rsquo s Ong suggested that the sector might also see credit risks as financing costs rise.
BCA projects Singapore construction demand in 2023 to hit S$27-32b, with public sector leading the way
BCA expects 60 per cent of construction demand to come from the public sector. PHOTO: CMG FILE
THE value of construction contracts to be awarded in 2023 is projected to range between S$27 billion and S$32 billion this year, Singapore&rsquo s Building and Construction Authority (BCA) said on Thursday (Jan 12).
Analysts are also positive on the sector, even as it continues to face manpower constraints and disruptions from safety incidents.
This predicted range is the same as the year before, with 60 per cent of construction demand expected to come from the public sector, which BCA estimates will contribute between S$16 billion and S$19 billion.
This will be supported by a strong pipeline of public housing projects as the Housing and Development Board ramps up Build-To-Order flat supply, BCA noted. Industrial and institutional building construction will also boost public sector demand with more water treatment plants, educational buildings and community club projects.
The private sector, meanwhile, is anticipated to contribute between S$11 billion and S$13 billion, in line with 2022 figures. Residential and industrial building construction demand is projected to be similar to last year, buoyed by new condominiums and high-specification industrial building projects.
BCA expects commercial building demand to rise as some major projects from 2022 were rescheduled to 2023. Old commercial premises will also be redeveloped to enhance asset values.
Based on preliminary estimates, total construction demand in 2022 hit S$29.8 billion, in line with BCA&rsquo s S$27 billion to S$32 billion forecast and similar to the S$29.9 billion recorded in 2021.
Public sector construction demand rose slightly to S$17.9 billion in 2022, from S$17.8 billion in the year-ago period. Private sector demand, however, moderated slightly to S$11.9 billion in 2022 from S$12.1 billion the year before, on various economic downside risks.
On construction output, BCA expects the value of certified progress payment to increase to between S$30 billion and S$33 billion in 2023, from the 2022 preliminary estimate of S$30.2 billion. It projects a steady level of construction demand and some backlog from remaining workloads impacted by the Covid-19 pandemic.
In the medium term, BCA estimates total construction demand to hit between S$25 billion and S$32 billion per year from 2024 to 2027, with the public sector continuing to lead demand with S$14 billion to S$18 billion per annum.
Private sector demand is expected to remain steady over the same period, reaching some S$11 billion to S$14 billion per annum, keeping &ldquo healthy investment commitments&rdquo in mind amid the Republic&rsquo s strong economic fundamentals, BCA said.
Analysts that The Business Times spoke to said locally listed construction companies should benefit from robust demand.
CGS-CIMB analyst Ong Khang Chuen said the latest forecast suggests that construction companies will be able to replenish their order books on top of their strong order backlogs, despite macroeconomic concerns.
&ldquo We also expect better margins for construction companies as they continue to flush out pre-pandemic order books (lower margins hit by a spike in related costs) and start executing on newer projects,&rdquo he said.
Head of equities research at SAC Capital Matthias Chan believes the value of construction contracts awarded could even surprise on the upside as the sector continued to suffer the effects of Covid-19 related constraints in 2022.
In particular, he likes Lian Beng Group : L03 0% for its inexpensive valuation and dividend yield of close to 6 per cent, adding that the company derives about 80 per cent of its revenue from construction activities.
Meanwhile, Ong continues to favour building material players such as steel solutions provider BRC Asia : BEC 0%, ready-mix concrete provider Pan-United Corporation : P52 -1.23%, and industrial conglomerate Hong Leong Asia.
Still, SAC&rsquo s Chan noted that construction companies could still experience manpower shortages and manpower cost increases.
Phillip Securities Research senior research analyst Terence Chua said he expects work delays due to the heightened safety period imposed by the Ministry of Manpower in September last year.
&ldquo The downside risk is an extension of the heightened safety period beyond Mar 1, 2023 in view of the high spate of workplace accidents, which could weigh on the construction companies,&rdquo he added.
CGS-CIMB&rsquo s Ong suggested that the sector might also see credit risks as financing costs rise.
For_The_Next_Leg ( Date: 23-Dec-2022 09:50) Posted:
|
$Alpina Holdings(ZXY.SI) Once again, this article highlight the TAM for the company!
" To paint a picture, about 80% of Singapore&rsquo s population lives in high-rise public housing, referred to as HDB blocks. The city has a total of about 10,000 such buildings. To date, 2,700 HDB blocks have been solarised and with the launch of the 7th SolarNova tender in February, 8,400 more HDB blocks will be solarised. Under the SolarNova programme, installed solar capacity is expected to be 1.5 GWp by 2025 and 2GWp by 2030."
https://earth.org/singapore-energy-transition/
$Alpina Holdings(ZXY.SI) The company is one of the company dealing with smart metering options as well as solar system.
As per the open electricity market website, " As at end September 2019, about 290,000 advanced meters have been deployed at households across Singapore. The remaining 1.1 million households will have advanced meters installed by 2025"
The opportunity is huge and reasons to holding it.
https://www.openelectricitymarket.sg/residential/metering-options
https://uk.style.yahoo.com/robust-financials-driving-recent-rally-023838802.html?
$Alpina Holdings(ZXY.SI) Singapore is progressively getting more involved in using solar panels as a tool for energy source. Alpina is involved in the solar power industry and this will be beneficial to it.
https://www.straitstimes.com/singapore/solar-panels-to-cover-37-substations-and-contribute-to-singapore-s-electricity-network
$Alpina Holdings(ZXY.SI) I think Singapore companies are embracing the term rooftop solar more actively! This will be beneficial to Alpina.
https://www.theedgesingapore.com/news/reits/aims-apac-reit-partners-sp-group-install-rooftop-solar-pv-system-across-six-properties
https://www.theedgesingapore.com/news/reits/aims-apac-reit-partners-sp-group-install-rooftop-solar-pv-system-across-six-properties
$Alpina Holdings(ZXY.SI)
Alpina is one of the company involved in rooftop solar and it definitely still has room to grow since SG government still looking at it!
https://www.channelnewsasia.com/commentary/singapore-renewable-energy-rooftop-buildings-solar-electricity-costs-2782796
Have a higher dividend! Nice!
https://links.sgx.com/1.0.0/corporate-announcements/VAEL9FPHUQ4RAN9Z/d8bad1357f399fc4cbfdfc4eec05a59e1e4039a66184675f01abb3b66d86c30e
https://links.sgx.com/1.0.0/corporate-announcements/VAEL9FPHUQ4RAN9Z/d8bad1357f399fc4cbfdfc4eec05a59e1e4039a66184675f01abb3b66d86c30e
Alpina Registers Net Profit of S$2.03 Million for 1H2022 Announces Interim Dividend of
0.4339 Singapore Cents Per Share
&bull Revenue contribution from the IBS and M& E business segments were lower in 1H2022, while revenue from the A& A business segment increased significantly with more projects completed during 1H2022
&bull Strengthened financial position as at 30 June 2022 with total assets increasing 27.1% to S$44.69 million as compared to as at 31 December 2021, with cash and cash equivalents of S$13.00 million
&bull Secured six new contracts during 1H2022 with an aggregate provisional contract value of approximately S$9.17 million that are to be completed by the financial year ending 31 December 2028
&bull Declared interim dividend of 0.4339 cents per share for 1H2022
Commenting on the Group&rsquo s 1H2022 results, the Company&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong ( ), said, &ldquo Our revenue recognition is dependent on the timeline and execution of our projects, hence one of the key purposes of our diversified business model is to create more resilience in our revenue performance, as seen in 1H2022.
However, there were increased subcontracting costs and lower economies of scale in 1H2022, and the one-time IPO expenses also weighed on our financial performance.
Despite this, we remained profitable with positive cash flow generated from our operations. Hence, we have declared an interim dividend that highlights our commitment to shareholders as stated in our IPO offer document.&rdquo
Mr. Low, added, &ldquo Moving ahead, we remain confident in the strength of our business model as an integrated facilities specialist. Coupled with our strong financial position, we also have the business agility to pursue attractive growth opportunities with differentiated offerings, such as our renewable energy venture.&rdquo
With predominantly public sector customers such as government ministries and statutory boards as well as public education institutions, the key contract highlights of the Group&rsquo s business segments are as follows:
IBS - With specified contract period that generally ranges from 1 to 4 years, and in certain instances, up to 6 years.
M& E - Rendered on specific project basis
A& A Term contracts with a fixed contract period ranging from 2 to 4 years
The A& A business segment performed strongly in 1H2022 as more projects were completed:
Revenue from the A& A business segment increased by 149.9% or S$2.16 million to S$3.60 million in 1H2022 as compared to 1H2021. For the M& E business segment, revenue dipped by S$0.15 million to S$4.65 million as one of the projects was substantially completed in FY2021. The IBS business segment recognised lower revenue of S$16.44 million in 1H2022 as fewer projects were completed.
Overall, the Group&rsquo s revenue declined marginally by S$0.61 million or 2.4% from S$25.30 million in 1H2021 to S$24.69 million in 1H2022.
During 1H2022, the Group secured six new contracts with an aggregate provisional contract value of approximately S$9.17 million that are to be completed by the financial year ending 31 December 2028.
The Group&rsquo s gross profits declined by S$1.80 million or 26.6% from S$6.76 million in 1H2021 to S$4.96 million in 1H2022, mainly due to lower gross profits from the IBS and M& E business segments, partially offset by higher gross profits from the A& A business segment.
For the IBS business segment, the decline in gross profits and gross profit margin was mainly due to lower revenue contribution while fixed costs had remained relatively unchanged. For the M& E business segment, the decline in gross profits and gross profit margin was mainly due to one of the projects with higher gross profit margin being substantially completed in FY2021.
For the A& A business segment, the gross profits had increased due to higher revenue. However, the gross profit margin for the A& A business segment has decreased due to an increase in subcontracting costs as the Group had to subcontract majority of its A& A projects in order to meet the project timelines during 1H2022.
The Group&rsquo s administrative expenses increased by S$0.85 million or 50.7% to S$2.52 million in 1H2022 mainly due to (i) post-listing compliance costs and (ii) one-off IPO expenses of S$0.19
million.
Overall, the Group registered a net profit attributable to shareholders of the Company of S$2.03 million in 1H2022. Excluding the one-off IPO expenses of S$0.19 million incurred in 1H2022, the net profit attributable to shareholders of the Company would have been S$2.22 million.
Net increase in cash and cash equivalents of S$10.74 million as at 30 June 2022: Operationally, the Group generated net cash from operating activities of S$1.45 million during 1H2022, while net cash of S$0.20 million was used for the Group&rsquo s investing activities, mainly for the acquisition of property, plant and equipment.
With the IPO proceeds raised during 1H2022, the Group&rsquo s net cash generated from financing activities increased substantially to S$9.49 million. As such, the Group registered a net increase in cash and cash equivalents of S$10.74 million during 1H2022, from a net cash balance of S$2.26 million as at 31 December 2021 to a net cash balance of S$13.00 million as at 30 June 2022.
Strengthened financial position as at 30 June 2022: The Group&rsquo s total assets increased to S$44.69 million as at 30 June 2022, with current assets of S$34.73 million and non-current assets of S$9.96 million. Major components of current assets were contract assets of S$15.14 million, cash and cash equivalents of S$13.00 million and trade and other receivables of S$5.61 million, while non-current assets comprise mainly of property, plant and equipment of S$9.23 million.
As at 30 June 2022, the Group&rsquo s total equity increased to S$28.83 million and there were reductions in current liabilities and non-current liabilities, which stood at S$11.69 million and S$4.18 million respectively. Major components of current liabilities were trade and other payables of S$6.56 million and borrowings of S$4.03 million, while non-current liabilities comprise mainly of borrowings of S$3.37 million
Alpina Registers Net Profit of S$2.03 Million for 1H2022
Announces Interim Dividend of
0.4339 Singapore Cents Per Share
&bull Revenue contribution from the IBS and M& E business segments were lower in 1H2022, while
revenue from the A& A business segment increased significantly with more projects completed
during 1H2022
&bull Strengthened financial position as at 30 June 2022 with total assets increasing 27.1% to
S$44.69 million as compared to as at 31 December 2021, with cash and cash equivalents of
S$13.00 million
&bull Secured six new contracts during 1H2022 with an aggregate provisional contract value of
approximately S$9.17 million that are to be completed by the financial year ending 31
December 2028
&bull Declared interim dividend of 0.4339 cents per share for 1H2022
Announces Interim Dividend of
0.4339 Singapore Cents Per Share
&bull Revenue contribution from the IBS and M& E business segments were lower in 1H2022, while
revenue from the A& A business segment increased significantly with more projects completed
during 1H2022
&bull Strengthened financial position as at 30 June 2022 with total assets increasing 27.1% to
S$44.69 million as compared to as at 31 December 2021, with cash and cash equivalents of
S$13.00 million
&bull Secured six new contracts during 1H2022 with an aggregate provisional contract value of
approximately S$9.17 million that are to be completed by the financial year ending 31
December 2028
&bull Declared interim dividend of 0.4339 cents per share for 1H2022
Alpina will likely be a key beneficiary of this trend..
To hit green building targets, Singapore must retrofit ' many more' older buildings: Lee
Mon, Jul 18, 2022 &bull 03:03 PM GMT+08 &bull 6 minutes ago &bull 3 min read
Singapore has greened more than 49% of buildings here, more than half its target of 80% of buildings by gross floor area by 2030. Photo: Albert Chua/The Edge Singapore
Singapore must retrofit its older buildings to improve their sustainability standards in order to hit 2030 green building targets, says Minister for National Development Desmond Lee.
Speaking at the official opening of the refurbished DBS Newton Green on July 18, Lee provided updates on the Singapore Green Building Masterplan launched last year, which set out an &ldquo 80-80-80 in 2030&rdquo target for the built environment.
Singapore has greened more than 49% of buildings here. This is past the halfway mark of the first target, which is to green 80% of buildings by gross floor area (GFA) by 2030.
&ldquo We need to sustain our momentum and push ahead further,&rdquo says Lee. &ldquo In particular, we need to retrofit many more of our older buildings to improve their sustainability standards.&rdquo
Retrofitting is &ldquo more challenging&rdquo than designing a green building from scratch, adds Lee. &ldquo The original development may not have been designed with sustainability in mind, making retrofitting more complex and potentially costly.&rdquo
The second target is for 80% of new developments to be certified Super Low Energy (SLE) by 2030. SLE buildings can save more than 60% of energy compared to 2005 levels, when Singapore began focusing on green buildings.
&ldquo We will continue to promote SLE buildings through regulatory requirements and incentives, including enhanced requirements for new developments on Government Land Sales (GLS) sites, and bonus GFA incentives for private developments on non-GLS sites,&rdquo says Lee.
The final target is to achieve 80% improvement in energy efficiency compared to 2005 levels in Singapore&rsquo s &ldquo best-in-class buildings&rdquo by 2030.
According to Lee, these buildings have achieved some 65%-70% improvement. &ldquo We have some way to go. This is why we have introduced programmes, such as the Green Buildings Innovation Cluster (GBIC) to support the research, prototyping and demonstration of green building technologies, which will help to make new energy efficient technologies more readily accessible to building owners.&rdquo
DBS says it invested over $5 million into retrofitting works for DBS Newton Green, which began in mid-2021. A portion of the cost was covered by a grant awarded by Singapore&rsquo s Building and Construction Authority (BCA) under the national GBIC Programme. The building is expected to recover the retrofitting costs within four years.
DBS Newton Green is projected to save at least 580 MWh of energy per year, or 70% of the building' s energy consumption before the retrofitting works.
Located at 135 Bukit Timah Road, the refurbished DBS Newton Green houses over 400 employees from various functions across the bank&rsquo s consumer banking group.
To hit green building targets, Singapore must retrofit ' many more' older buildings: Lee
Mon, Jul 18, 2022 &bull 03:03 PM GMT+08 &bull 6 minutes ago &bull 3 min read
Singapore has greened more than 49% of buildings here, more than half its target of 80% of buildings by gross floor area by 2030. Photo: Albert Chua/The Edge Singapore
Singapore must retrofit its older buildings to improve their sustainability standards in order to hit 2030 green building targets, says Minister for National Development Desmond Lee.
Speaking at the official opening of the refurbished DBS Newton Green on July 18, Lee provided updates on the Singapore Green Building Masterplan launched last year, which set out an &ldquo 80-80-80 in 2030&rdquo target for the built environment.
Singapore has greened more than 49% of buildings here. This is past the halfway mark of the first target, which is to green 80% of buildings by gross floor area (GFA) by 2030.
&ldquo We need to sustain our momentum and push ahead further,&rdquo says Lee. &ldquo In particular, we need to retrofit many more of our older buildings to improve their sustainability standards.&rdquo
Retrofitting is &ldquo more challenging&rdquo than designing a green building from scratch, adds Lee. &ldquo The original development may not have been designed with sustainability in mind, making retrofitting more complex and potentially costly.&rdquo
The second target is for 80% of new developments to be certified Super Low Energy (SLE) by 2030. SLE buildings can save more than 60% of energy compared to 2005 levels, when Singapore began focusing on green buildings.
&ldquo We will continue to promote SLE buildings through regulatory requirements and incentives, including enhanced requirements for new developments on Government Land Sales (GLS) sites, and bonus GFA incentives for private developments on non-GLS sites,&rdquo says Lee.
The final target is to achieve 80% improvement in energy efficiency compared to 2005 levels in Singapore&rsquo s &ldquo best-in-class buildings&rdquo by 2030.
According to Lee, these buildings have achieved some 65%-70% improvement. &ldquo We have some way to go. This is why we have introduced programmes, such as the Green Buildings Innovation Cluster (GBIC) to support the research, prototyping and demonstration of green building technologies, which will help to make new energy efficient technologies more readily accessible to building owners.&rdquo
DBS says it invested over $5 million into retrofitting works for DBS Newton Green, which began in mid-2021. A portion of the cost was covered by a grant awarded by Singapore&rsquo s Building and Construction Authority (BCA) under the national GBIC Programme. The building is expected to recover the retrofitting costs within four years.
DBS Newton Green is projected to save at least 580 MWh of energy per year, or 70% of the building' s energy consumption before the retrofitting works.
Located at 135 Bukit Timah Road, the refurbished DBS Newton Green houses over 400 employees from various functions across the bank&rsquo s consumer banking group.
$Alpina Holdings(ZXY.SI)
There is a few BTO completing soon and Company may benefit since it is one of the integrated building services contractor by SG government.
https://www.btohq.com/bto-top-tracker
$Alpina Holdings(ZXY.SI) If you relooked at the presentation, the company will be in a good position to earn more as more and more HDB towns are built. Due to covid, many HDB has been delayed. but these estate will be completed in the next 2 to 3 years, then Alpina earnings will grow.
https://alpinaholdings.com.sg/newsroom-details/fy2021-results-presentation/1649137142
ALPINA HOLDINGS LIMITED
(Company Registration No.: 202138650H)
(Incorporated in the Republic of Singapore)
(the &ldquo Company&rdquo )
NOTICE OF RECORD AND DIVIDEND PAYMENT DATES
NOTICE IS HEREBY GIVEN that, subject to Shareholders&rsquo approval for the proposed final tax
exempt (one-tier) dividend of 0.2712 Singapore cents per Share for FY2021 (&ldquo Proposed Final
Dividend&rdquo ) at the forthcoming AGM of the Company to be held on Monday, 27 June 2022, the Share
Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 8 July 2022
for the purpose of determining members&rsquo entitlements to the Proposed Final Dividend.
Duly completed registrable transfers received by the Company&rsquo s Share Registrar, Boardroom
Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue #14-07 Keppel Bay Tower,
Singapore 098632 up to 5.00 p.m. on 8 July 2022 will be registered to determine members&rsquo
entitlements to the Proposed Final Dividend. Members whose securities accounts with The Central
Depository (Pte) Limited are credited with the Shares as at 5.00 p.m. on 8 July 2022 will be entitled
to the Proposed Final Dividend.
The Proposed Final Dividend, if approved by Shareholders at the forthcoming AGM of the Company
to be held on 27 June 2022, will be paid on 18 July 2022.
(Company Registration No.: 202138650H)
(Incorporated in the Republic of Singapore)
(the &ldquo Company&rdquo )
NOTICE OF RECORD AND DIVIDEND PAYMENT DATES
NOTICE IS HEREBY GIVEN that, subject to Shareholders&rsquo approval for the proposed final tax
exempt (one-tier) dividend of 0.2712 Singapore cents per Share for FY2021 (&ldquo Proposed Final
Dividend&rdquo ) at the forthcoming AGM of the Company to be held on Monday, 27 June 2022, the Share
Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 8 July 2022
for the purpose of determining members&rsquo entitlements to the Proposed Final Dividend.
Duly completed registrable transfers received by the Company&rsquo s Share Registrar, Boardroom
Corporate & Advisory Services Pte. Ltd. at 1 Harbourfront Avenue #14-07 Keppel Bay Tower,
Singapore 098632 up to 5.00 p.m. on 8 July 2022 will be registered to determine members&rsquo
entitlements to the Proposed Final Dividend. Members whose securities accounts with The Central
Depository (Pte) Limited are credited with the Shares as at 5.00 p.m. on 8 July 2022 will be entitled
to the Proposed Final Dividend.
The Proposed Final Dividend, if approved by Shareholders at the forthcoming AGM of the Company
to be held on 27 June 2022, will be paid on 18 July 2022.
$Alpina Holdings(ZXY.SI)
JV established. Work gonna start soon.
https://alpinaholdings.com.sg/newsroom-details/entry-into-jva-and-pcoa-with-terrenus-energy-pte-ltd/1653611731
Their PPT provide a good preview of their earnings potential:
https://alpinaholdings.com.sg/newsroom-details/fy2021-results-presentation/1649137142
https://alpinaholdings.com.sg/newsroom-details/fy2021-results-presentation/1649137142
Renewable Energy business starting: https://alpinaholdings.com.sg/assets/news-pdf/274626345-JV-Agreement-with-Terrenus-Energy-Pte-Ltd.pdf
The board of directors (the &ldquo Board&rdquo ) of Alpina Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to the Company&rsquo s announcement dated 23 March 2022 (&ldquo 23 March Announcement&rdquo ) in relation to the joint award of the sixth solar leasing tender (the &ldquo Project&rdquo ), with a solar capacity of 70 megawatt-peak (MWp), by the Housing & Development Board (&ldquo HDB&rdquo ) to Digo Corporation Pte. Ltd. (&ldquo Digo Corporation&rdquo ), a wholly-owned subsidiary of the Company, and Terrenus Energy Pte. Ltd. (&ldquo Terrenus Energy&rdquo , and together with Digo Corporation, the &ldquo Parties&rdquo or each a &ldquo Party&rdquo ). All capitalised terms used herein, unless otherwise defined or where the context otherwise requires, shall bear the same meaning ascribed to them in the 23 March Announcement.
Alpina' s Digo to own 51% of the JV
The board of directors (the &ldquo Board&rdquo ) of Alpina Holdings Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to the Company&rsquo s announcement dated 23 March 2022 (&ldquo 23 March Announcement&rdquo ) in relation to the joint award of the sixth solar leasing tender (the &ldquo Project&rdquo ), with a solar capacity of 70 megawatt-peak (MWp), by the Housing & Development Board (&ldquo HDB&rdquo ) to Digo Corporation Pte. Ltd. (&ldquo Digo Corporation&rdquo ), a wholly-owned subsidiary of the Company, and Terrenus Energy Pte. Ltd. (&ldquo Terrenus Energy&rdquo , and together with Digo Corporation, the &ldquo Parties&rdquo or each a &ldquo Party&rdquo ). All capitalised terms used herein, unless otherwise defined or where the context otherwise requires, shall bear the same meaning ascribed to them in the 23 March Announcement.
Alpina' s Digo to own 51% of the JV
$Alpina Holdings(ZXY.SI)
I like the fact that they started humbly and work its way up. Building multiple revenue stream makes sense, especially now.
https://www.theedgesingapore.com/news/kopi-c-company-brew/alpina-building-resilient-multi-pronged-growth