Corporate Monitor Limited

Corporate Monitor was established to encourage better performance of companies, particularly companies listed on the SGX, and hold their management and boards to account, for the benefit of their shareholders and stakeholders.

Strengthening Corporate Performance

Director and Founding Member, Corporate Monitor Limited

Tan Yee Peng

Director and Founding Member

<ul><li>What does a company do when its original business is producing good profitability, strong cashflow and return on equity (“ROE”), but no growth?</li><li>VICOM Ltd. (“VICOM”) is one such company.</li><li>It is a pioneer in Singapore’s Vehicle Inspection industry and has close to 73% market share, in an industry whose demand is guaranteed by government regulation that all vehicles have to be inspected at regular intervals.</li></ul>

What does a company do when its original business is producing good profitability, strong cashflow and return on equity (“ROE”), but no growth?VICOM Ltd. (“VICOM”) is one such company.It is a pioneer in Singapore’s Vehicle Inspection industry and has close to 73% market share, in an industry whose demand is guaranteed by government regulation that all vehicles have to be inspected at regular intervals.

Vicom Ltd

Vicom Ltd: When Less Is More