09 September 2013

Sim Lian - Hidden Gem?

I read through Sim Lian Annual Reports and realized that it has a few property development projects in Malaysia and Singapore and it just ventured in to Commercial property market in Sydney, Australia. 

Unfortunately, I cannot find any faces of BOD in annual reports, which let me remain curious of the Kuik families. There are some of the sources of news I could search from any websites:  

Despite revenue decreased slightly, the group's net profit in FY2013 experienced a significant 27% drop, with COGS increased higher due to raw material & wages. 

Lists of the projects:

Singapore: Clover By The Park, UB.One, Lincoln Residences, Rochelle At Newton, Waterview, Centrale 8 At Tampines, A Treasure Trove, Parc Vera, Tampines Trilliant, Bukit Panjang

Malaysia: Desa Baiduri, KL Trillion 

Source: http://www.theedgemalaysia.com/property/244549-sim-lian-group-eyes-more-land-in-malaysia.html

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