Asia Enterprises Holding Limited

 

Major Regional Distributor of Steel Products to Industrial End-Users

SGX Main Board (ASEH SP / ASEH.SI)

Asia Enterprises

Major Regional Distributor of Steel Products to Industrial End-Users

Asia Enterprises is a leading steel distributor in Singapore,

serving diverse industrial end-users in Asia Pacific

Profitability track record

• Delivered annual profits in the past 39 years

• Weathered multiple economic downturns

Strong business

fundamentals

• Proven management capability and strategy

• Excellent reputation with established

customer & supply network

Regular dividend payouts

• Annual dividend of 40% of earnings since

listing in 2005

Healthy balance sheet

• Emphasis on sound financial practices

• Buffer against market slowdown and ready for

organic expansion and/or acquisitive

opportunities

Strength in marine and

offshore

• Built status and competitive edge in supply of

steel products to marine and offshore-related

customers

business overview

•

Distributes steel products to industrial end-users in Asia Pacific and

operates a steel processing facility to provide customised sizes of steel

coils and sheets

•

Product inventory :

– 25 product categories comprising over 1,200 items of steel products

•

Customer base :

– Singapore, Indonesia, Malaysia and other Asia Pacific markets

– Marine and offshore, construction, engineering/fabrication, oil and

gas, precision metal stamping, manufacturing

– More than 700 active customers

•

Storage facilities:

– 2 warehouses and a warehouse-cum-steel processing facility

– Combined storage capacity of 45,934 square metres

•

Supply network:

– Source from steel mills and international steel traders worldwide,

including Russia, Ukraine, Europe, Japan, Korea and China

•

Key intermediary role between steel mills and end-users:

– Bridges time lag between production and usage with JIT delivery

– Offers end-users a variety of products and flexible order sizes

STOCK INFORMATION

Price (27/11/2012) S$0.225

Shares Issued 341.9m

Market Cap S$76.9m

52-wk high S$0.275

52-wk low S$0.189

Free Float 45%

Major

Shareholders

Shenton Investment (37.3%)

Sin Hock Chong (6.2%)

Harmaidy (5.4%)

Minh-Chieh Investments

(5.1%)

Listing date 1 September 2005

investment proposition

Product range

Shipbuilding plates / High tensile plates

Hot-rolled plates / chequered plates

Wide-flanged beams

Bulb flats

Channels

Equal angles / unequal angles / inverted angles

Round bars / Square bars / Flat bars

Hollow sections

Seamless/ERW API grade pipes

Serrated galvanised gratings

Cold-rolled steel coils/sheets

Electro-galvanised steel coils/sheets

Hot-dipped galvanised steel coils / sheets

Stainless steel coils/sheets