Offering Senior Secured Loans, Kilde

Kilde

Offering Senior Secured Loans

Kilde connects family offices, funds, and accredited investors to investment-ready private credit deals in developed and emerging markets. We offer senior secured loans from last-mile lending companies with strong capitalization, a healthy balance sheet, and a capable management team.

Equity Bottom-Up

Karin Technology Holdings Limited is an investment holding company that distributes electronic components, provides IT infrastructure solutions and services, and distributes consumer electronics products. Its services include cloud solutions, network and security solutions, and data storage management. The company was founded in 1977 and is headquartered in Kwun Tong, Hong Kong.

<ul><li>Karin Technology Holdings Ltd. (KTH SP) is a Hong Kong-based IT infrastructure and electronic components provider, specializing in the distribution of enterprise solutions across cloud computing, cybersecurity, AI systems, and network architecture.</li><li>The company also supplies semiconductors and consumer electronics through its Components Distribution (CD) and Consumer Electronics Products (CEP) divisions.</li><li>Revenue fell 12.4% YoY to HK$1,929.5m, but net profit attributable to shareholders rose 1.0% to HK$19.2m, supported by margin improvement and disciplined cost controls.</li></ul>

Karin Technology Holdings Ltd. (KTH SP) is a Hong Kong-based IT infrastructure and electronic components provider, specializing in the distribution of enterprise solutions across cloud computing, cybersecurity, AI systems, and network architecture.The company also supplies semiconductors and consumer electronics through its Components Distribution (CD) and Consumer Electronics Products (CEP) divisions.Revenue fell 12.4% YoY to HK$1,929.5m, but net profit attributable to shareholders rose 1.0% to HK$19.2m, supported by margin improvement and disciplined cost controls.

Karin Technology (SGX: K29): Navigating Soft Demand; Profitability & Cash Generation Managed

Choo Chiang is a leading retailer and distributor of electrical products and accessories, including electrical cables, light switches, circuit breakers, lighting accessories, fans, and power tools. The company also engages in property investment activities. It distributes various international brands and offers its own proprietary brands, CCM and CRM. Choo Chiang was established in 1977 and is headquartered in Singapore.

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<li>Choo Chiang Holdings Ltd. Singapore-based distributor and retailer of electrical products with a small recurring property segment.</li>
<li>Ten branches provide island-wide coverage and last-mile service, serving contractors, SMEs, and homeowners; proprietary CCM/CRM house brands broaden choice across price points.</li>
<li>1H25 revenue up 1.2% YoY: Revenue S$42.93m; NPAT S$4.17m (–14.1% YoY) on a lower gross margin of 27.6% vs 29.6%. PBT S$5.05m (–13.5% YoY); EPS 2.01¢, with margin pressure from higher cable costs and promotions partly offset by leaner admin/selling.</li>
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Choo Chiang Holdings Ltd. Singapore-based distributor and retailer of electrical products with a small recurring property segment.
Ten branches provide island-wide coverage and last-mile service, serving contractors, SMEs, and homeowners; proprietary CCM/CRM house brands broaden choice across price points.
1H25 revenue up 1.2% YoY: Revenue S$42.93m; NPAT S$4.17m (–14.1% YoY) on a lower gross margin of 27.6% vs 29.6%. PBT S$5.05m (–13.5% YoY); EPS 2.01¢, with margin pressure from higher cable costs and promotions partly offset by leaner admin/selling.


Choo Chiang Holdings (SGX: 42E): Steady Demand, Tighter Margins In 1H25

SUTL Enterprise develops, operates, and consults integrated marinas, primarily in Singapore and Malaysia, under its proprietary ONE°15 brand and through third-party management contracts. Its services include marina club operations, luxury yacht chartering with a fleet of over 50 vessels, and marina consultancy. The company was incorporated in 1993 and is headquartered in Singapore.

<ul><li>SUTL Enterprise Ltd. (SGX: BHU) is Singapore’s leading luxury marina developer, operator, and consultant under the ONE°15 brand.</li><li>The company operates its flagship ONE°15 Marina Sentosa Cove and manages third-party marinas under long-term contracts.</li><li>Revenue is generated through recurring membership fees, marina operations, yacht charters, food &amp; beverage, and event hosting, with a strategy focused on asset-light regional expansion</li></ul>

SUTL Enterprise Ltd. (SGX: BHU) is Singapore’s leading luxury marina developer, operator, and consultant under the ONE°15 brand.The company operates its flagship ONE°15 Marina Sentosa Cove and manages third-party marinas under long-term contracts.Revenue is generated through recurring membership fees, marina operations, yacht charters, food &amp; beverage, and event hosting, with a strategy focused on asset-light regional expansion

SUTL Enterprise (SGX: BHU): FY1H25 - Sailing Ahead on Event Growth, Navigating Profit Pressures

Stamford Tyres is an investment holding company that distributes and retails tires and wheels, including international and proprietary brands, across Asia Pacific, Africa, and Australia. The company also engages in tire design and contract manufacturing, retreading, equipment trading, motor vehicle servicing, and manufacturing of aluminum alloy wheels. Headquartered in Singapore, it was founded in 1989.

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<li>Stamford Tyres Corporation Ltd is a Singapore-listed company engaged in the distribution of tyres, wheels, and related products, as well as tyre retreading services.</li>
<li>The Group operates a strong distribution and retail network across Southeast Asia and beyond, with key markets include Singapore, Malaysia, and Indonesia.</li>
<li>Its portfolio includes proprietary brands such as Sumo Firenza and SSW Wheels, alongside major international tyre brands.</li>
</ul>


Stamford Tyres Corporation Ltd is a Singapore-listed company engaged in the distribution of tyres, wheels, and related products, as well as tyre retreading services.
The Group operates a strong distribution and retail network across Southeast Asia and beyond, with key markets include Singapore, Malaysia, and Indonesia.
Its portfolio includes proprietary brands such as Sumo Firenza and SSW Wheels, alongside major international tyre brands.


Stamford Tyres (SGX: S29): Strategic Investments to Drive Future Growth Despite Margin Pressures

Hyphens Pharma International Ltd. is a leading specialty pharmaceutical and consumer healthcare group in Southeast Asia. It markets and distributes specialty pharmaceutical products, develops proprietary dermatological and health supplement brands, and operates a medical hypermart and digital pharmacy platform. The company is headquartered in Singapore and was founded in 1988.

<ul><li>Hyphens Pharma is Singapore’s leading specialty pharmaceutical and consumer healthcare group, leveraging on its diverse footprints in ASEAN countries.</li><li>The core business is in three segments: Specialty Pharma Principals, Proprietary Brands, and Medical Hypermart and Digital. </li><li>Besides marketing and selling a range of specialty pharmaceutical products in selected ASEAN countries through exclusive distributorship or licensing and supply agreements with brand principals mainly from Europe and the US, Hyphens also develops, markets, and sells its own proprietary range of dermatological products and health supplement products. </li></ul>

Hyphens Pharma is Singapore’s leading specialty pharmaceutical and consumer healthcare group, leveraging on its diverse footprints in ASEAN countries.The core business is in three segments: Specialty Pharma Principals, Proprietary Brands, and Medical Hypermart and Digital. Besides marketing and selling a range of specialty pharmaceutical products in selected ASEAN countries through exclusive distributorship or licensing and supply agreements with brand principals mainly from Europe and the US, Hyphens also develops, markets, and sells its own proprietary range of dermatological products and health supplement products. 

Hyphens Pharma (SGX: 1J5): Sustainable Growth Momentum and Attractive Outlook