20 July 2015 – trading update
Trading performance in the first six months of 2015 has been strong. Revenues of not less than S$36.4m and adjusted EBITDA of not less than $12.0m will be delivered, representing growth of 83% and 87% respectively. The acquired businesses integrating well and further progress is expected in the second half of the year, driven by the impact of acquired businesses and ongoing organic growth. We believe that there is considerable potential for capital growth over the longer term and rate the shares as a BUY.