Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

Grand Venture Technology Ltd / Equity Bottom-Up

<h2>10 Questions for Grand Venture Technology</h2>
<p><strong>Company Overview</strong><br>Grand Venture Technology (“GVT”) is a manufacturing solutions and service provider for the semiconductor, analytical life sciences, electronics and other industries, with operations in Singapore, Malaysia (Penang) and the People’s Republic of China (Suzhou). The Group serves some of the largest Original Equipment Manufacturers (“OEMs”) by providing a range of engineering, assembly, testing and product lifecycle management services for the manufacture of complex precision machining and sheet metal components and modules. <a href="https://www.sgx.com/securities/equities/JLB" target="_blank" rel="noopener">Link to StockFacts company page</a></p>
<ol>
<li><strong>Describe GVT’s financial performance over the past few years. What strategies have you put in place to maintain or accelerate this growth trajectory?</strong></li>
</ol>
<ul>
<li>GVT has enjoyed rapid growth over the past few years. With our products progressing from incubation stage to mass production, revenue in FY2019 more than doubled and net assets grew nearly 10x (if exclude share issuances, net assets grew approximately 5x) since FY2016.</li>
<li>Our focus will continue to be on (i) enlargement of our customer base in both existing and new markets, by leveraging on our capabilities and technological know-how, (ii) investment in our operational and engineering capabilities and (iii) expansion via merger and acquisition (M&amp;A), joint ventures and partnerships.</li>
<li>The above strategies have helped to mitigate against the headwinds in FY2019 as trade tensions between US and China intensified, which exerted downward pressures on our Semiconductor segment. This was, however, offset by growth driven by our Life Sciences segment. The Group recorded strong performance in 1H FY2020, which we expect such growth to continue for the rest of FY2020.</li>
</ul>
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/175/829/original/image_19989832321606813659716.png?1606813659" class="editor-image img-responsive" data-smartkarma-image-id="175829"></figure>

10 Questions for Grand Venture Technology
Company Overview Grand Venture Technology (“GVT”) is a manufacturing solutions and service provider for the semiconductor, analytical life sciences, electronics and other industries, with operations in Singapore, Malaysia (Penang) and the People’s Republic of China (Suzhou). The Group serves some of the largest Original Equipment Manufacturers (“OEMs”) by providing a range of engineering, assembly, testing and product lifecycle management services for the manufacture of complex precision machining and sheet metal components and modules. Link to StockFacts company page

Describe GVT’s financial performance over the past few years. What strategies have you put in place to maintain or accelerate this growth trajectory?


GVT has enjoyed rapid growth over the past few years. With our products progressing from incubation stage to mass production, revenue in FY2019 more than doubled and net assets grew nearly 10x (if exclude share issuances, net assets grew approximately 5x) since FY2016.
Our focus will continue to be on (i) enlargement of our customer base in both existing and new markets, by leveraging on our capabilities and technological know-how, (ii) investment in our operational and engineering capabilities and (iii) expansion via merger and acquisition (M&amp;A), joint ventures and partnerships.
The above strategies have helped to mitigate against the headwinds in FY2019 as trade tensions between US and China intensified, which exerted downward pressures on our Semiconductor segment. This was, however, offset by growth driven by our Life Sciences segment. The Group recorded strong performance in 1H FY2020, which we expect such growth to continue for the rest of FY2020.



10 in 10 with Grand Venture Technology - Revolutionising Precision Engineering