Strengthening Core
Annual Report 2021
CONTENTS
Mencast Holdings Ltd. and its subsidiary corporations' ("Mencast" or the "Group") businesses support the movement of global goods and overall supply chain. These include stern gear manufacturing, Maintenance, Repair and Overhaul ("MRO") and the remediation and recycling of materials and wastes related to manufacturing and transport. We also have a growing innovation and manufacturing division focused on sustainable products and solutions.
Headquartered in Singapore, our Group was successfully listed in June 2008 as the first sponsor-approved listing on Singapore's SGX Catalist and later became the first such company to transfer to the SGX Mainboard.
From its establishment in 1981, the Group has grown into a leader in the manufacture and repair of propellers and sterngear equipment and has built on its core competencies to steadily expand business into new areas. These include waste management as well as innovation driven businesses.
Mencast constantly innovates to create customer value and drive sustainable business growth, which is led by the Mencast Innovation Centre Pte. Ltd. ("MIC"), an incubator that provides mentorship, facilities and networking opportunities for growth companies synergistic with our Group.
Mencast will continue to seek technology driven growth opportunities in MRO, environmental remediation, manufacturing and the recycling of waste product.
STRATEGY
STRATEGY
ENABLERS
REVENUE
"PARTNER PERFECT"
• Seek new revenue streams | • Culture of adding value |
• Cross-selling | • Leverage teamwork |
• Leverage existing capabilities into new | • Ownership culture |
markets | • Leverage existing platform and relationships |
MARGINS | TALENT |
• Productivity and processes | • Passion for performance |
• Rightsizing assets and operating overheads | • Leverage teamwork |
• Lean costs | • Ownership culture |
CAPITAL SPREAD | SCALE |
• High ROCE & ROE | • Cost efficiency |
• Low WACC | • Market presence |
• Fund growth business | • Able to invest in R&D |
FOCUS | |
• Excellence of execution | |
• Speed | |
• Invest in the best |
Most admiredMRO partner andemployer intheworld
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Mencast Holdings Ltd. published this content on 06 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 07:34:08 UTC.