Fund Manager, Privium Funds

Privium Fund Management

Fund Manager

Privium Funds

Privium Fund Management (Singapore) Pte Ltd is an MAS regulated Fund Manager holding a CMS License with a proven track record in providing Fund Management solutions for traditional and alternative asset portfolios.

Equity Bottom-Up

<ul><li>OKP Holdings (OKP) is a cash-rich, execution-led play on Singapore's public infrastructure pipeline.</li><li>A decade of specialising in LTA commuter and cycling path works has lifted gross margins from single digits to above 30%, and the order book reached S$797.9m, ~3.4x trailing revenue.</li><li>The shares have re-rated sharply since 2024, but ~S$172.3m of net cash as at 30 June 2026 still underpins modest valuations, ex-cash.</li></ul>

OKP Holdings (OKP) is a cash-rich, execution-led play on Singapore's public infrastructure pipeline.A decade of specialising in LTA commuter and cycling path works has lifted gross margins from single digits to above 30%, and the order book reached S$797.9m, ~3.4x trailing revenue.The shares have re-rated sharply since 2024, but ~S$172.3m of net cash as at 30 June 2026 still underpins modest valuations, ex-cash.

OKP Holdings Limited: Initiation Research (28 September 2026)

Invest for a Sustainable Future, Impact Capital Asset Management

ICAM

Invest for a Sustainable Future

Impact Capital Asset Management

Established in August 2020, Impact Capital Asset Management Pte. Ltd. (ICAM) was conceived by seasoned professionals Deepak Mawandia and Atul Tetambe. Both have accumulated a wealth of knowledge and experience from their extensive tenures in the financial sector. In 2019, ICAM secured its RFMC license and subsequently introduced a technology-centric venture fund. By 2021, with the acquisition of its CMS license, ICAM witnessed steady growth in its assets under management. Presently, ICAM manages a portfolio exceeding USD 1 billion, diversified across various countries. Central to ICAM’s foundation is a commitment to offering a platform singularly dedicated to the best interests of its investor clients. The combined expertise of Deepak and Atul firmly establishes ICAM as a notable entity in the wealth management field.

<ul><li>OKP is not a simple order-book, cash or property case.</li><li>It is better approached as a contractor recovery and cash-conversion case.</li><li>The central issue is whether stronger revenue, margins and cash flow can become normalized cash flow per share after contractor accounting, balance-sheet claims, property exposure and governance are separated. </li></ul>

OKP is not a simple order-book, cash or property case.It is better approached as a contractor recovery and cash-conversion case.The central issue is whether stronger revenue, margins and cash flow can become normalized cash flow per share after contractor accounting, balance-sheet claims, property exposure and governance are separated. 

Singapore

OKP Holdings Limited is a leading transport infrastructure and civil engineering group in Singapore, specializing in the construction of airport runways, expressways, vehicular bridges, urban roads, and oil and gas-related infrastructure. The Group also undertakes maintenance works for roads and road-related facilities, and has expanded into property development and investments. Headquartered in Singapore, the company traces its origins to a sole proprietorship established in 1966.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

OKP (OKP SP)

OKP Holdings Limited: Initiation Research (28 September 2026)

OKP Holdings (OKP) is a cash-rich, execution-led play on Singapore's public infrastructure pipeline. A decade of specialising in LTA commuter...

Privium Fund Management

OKP Holdings Limited Initiating Coverage

OKP is not a simple order-book, cash or property case. It is better approached as a contractor recovery and cash-conversion case. The central...

ICAM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)