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 provides electronic components, integrated circuit software, and information technology infrastructure solutions.  The Company distributes components from various suppliers, provides integrated circuit application design, and information technology infrastructure to customers in Hong Kong and the People's Republic of China.

<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 Holdings Ltd / Equity Bottom-Up

Choo Chiang Holdings Ltd. retails and distributes electrical products and accessories for residential and industrial use. The Company third party brand electrical products and accessories which we source from manufacturers based in France, Germany, Japan, the Netherlands and/or their Singapore-based distributors.

<ul>
<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>
</ul>


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 and operates marinas, and also provides marina consultancy, marina development and yacht chartering services. It owns the prestigious ONE°15 Marina at Sentosa Cove in Singapore and operates ONE15 Luxury Yachting, which offers yacht chartering services at the club.

<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 Corporation Limited retails and distributes tires and wheels for passenger, commercial, industrial, and agricultural vehicles. The Company also provides tire retreading, equipment trading, and motor vehicle servicing. Stamford Tyres manufactures and sells aluminum alloy wheels.

<ul>
<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 / Equity Bottom-Up

Hyphens Pharma International Limited is Singapore’s leading specialty pharmaceutical and consumer healthcare group. 

It develops and owns several dermatological products and supplements, such as Ceradan, TDF and Ocean Health. 

The Group also markets and sells specialty pharmaceutical products through exclusive agreements, as well as operates an online B2B platform for healthcare professionals. 

Please visit us at https://www.hyphensgroup.com for more information.

<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