YONGNAM HOLDINGS did an e-roadshow on Oct 2 for some foreign investors. (First time you heard of an e-roadshow? We too ... but it's cool).
Yongnam's CEO Seow Soon Yong and finance director-cum-executive director, Chia Sin Cheng, presented the company's business story -- basically, there is a large amount of infrastructure works in the pipeline.
Watch the video below (hosted by RB Milestone Group) for also an update on its business -- as well as listen to some questions and answers after the presentation.
Two revelations :
a. The potential for Yongnam to pursue business in the offshore sector in UK and Germany -- specifically, for the emerging wind energy industry.
b. Yongnam is currently working on getting its shares traded as ADRs in the US as well. Target date for the start of trading is November 2012.
Briefly, its stock data: recently 23.5 cents, market cap of S$297 million, dividend yield of 4.26% and 0.98 price/book.
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