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A Look At The Singapore Prestige Brand Award Winners

Ser Jing - There's More Than Meets the Eye With Steady Dividends (pic) In 2002, the Singapore Prestige Brand Award (SPBA) was initiated by the Association of Small and Medium Enterprises (ASME) and Lianhe Zaobao. The award recognises and honours Singapore brands that are developed and managed effectively through various branding initiatives.

For this year’s instalment, three listed firms won awards. We will look at the companies and the awards they won.

Moneymax Financial Services Limited (SGX: 5WJ) was one of the winners of the SPBA – Promising Brands award. This company just went public earlier this month.

For the past two financial years, the company saw a revenue compounded annual growth rate of 34.7%. The net profit grew at 124.4% per annum over the same period. On the balance sheet, it carries a debt of $89.0 million for FY 2012. The cash flow from operations has been negative from FY 2010 to FY 2012 though.

The company was offered at $0.30. The PE ratio, based on post-Invitation share capital of 353,800,000 Shares, is 25.2. The company does not have a fixed dividend policy.

Another winner of the SPBA – Promising Brands award was Orange Clove Catering, owned by Neo Group Limited (SGX: 5UJ). While Orange Clove Catering targets the middle to upper-class audience and caters mostly to corporations, Neo Group’s Neo Garden Catering caters to the middle class. Neo Garden Catering also clinched an award – SPBA 2013 – Established Brands for the third year running.

Neo Group has significant market share in the catering business. Based on 2011 sales, the top five events caterers in Singapore commanded about 21.6% market share, with Neo Group fronting with 9% market share. Select Group, the next largest competitor, commands only a 4.7% market share.

Jason Parquet Holdings Limited (SGX: 5UU) was another winner of the SPBA – Established Brands award. It was featured it our last week’s edition of Singapore “Flyer” of the Week. For the latest earnings results released on 14th August 2013, the company saw a loss of $1.9 million for its first-half of 2013 from a profit of $0.4 million in the previous year.

The last company to be featured is Koh Brothers Group Limited (SGX: K75), which won the SPBA – Heritage Brands award. It saw a 116% jump in second-quarter revenues released on 6th August 2013.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice.  Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.