Shopper360 *Official* (SGX : 1F0)

Shion

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Marketer shopper360 *Official* (SGX:1F0)

Marketer shopper360 offering 38m shares in Catalist IPO

http://www.straitstimes.com/busines...hopper360-offering-38m-shares-in-catalist-ipo

Malaysian marketing firm shopper360 has launched its initial public offering (IPO) on the Singapore Exchange's Catalist board.

The firm - which specialises in services such as in-store advertising, digital marketing and event management - is offering 38 million placement shares. These comprise 18 million new shares at 29 cents each and 20 million vendor shares.

The IPO is expected to raise net proceeds from the new shares of about $3.4 million, which shopper360 plans to use to fund its growth plans.

Group managing director Chew Sue Ann said: "The winning formula of our successful operations in Malaysia can be transplanted to and adapted in other Asean markets. Today, we stand on the cusp of making inroads into Singapore and Myanmar. Shopper360's listing in Singapore will further raise the visibility of the group as we embark on our next phase of growth."

The company plans to expand its service offerings and its network of customers and retail partners in Malaysia and abroad, she added.

It is also exploring acquisitions, strategic alliances and joint ventures. The firm counts major brands such as Nestle, Dutch Lady, Samsung, Southern Lion, Cotra Enterprises and Fonterra among its partners and has a network of over 1,900 retail outlets across Malaysia.

Its revenue grew at a compounded annual growth rate (CAGR) of 28.8 per cent between 2014 and last year to reach RM113.5 million (S$36.8 million) last year.

Net profit recorded a CAGR of 58.3 per cent, from RM5.3 million in 2014 to RM13.3 million last year.

As of May 17, its order book stood at about RM47.6 million. These contracts will be completed this year and next, and revenue will be recognised accordingly in these periods.

The firm intends to distribute an annual dividend of not less than 20 per cent of net profit, for the full 2017 and 2018 financial years.

The placement closes at noon next Wednesday. Listing and trading of shopper360 shares on Catalist are expected to start on June 30.
 

Kinetic88

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Shopper360 Limited ("Shopper360" or the "Company") is placing out 38m placement shares (comprising 18m New Shares and 20m Vendor shares) at $0.29 each for a listing on Catalist. Since there is no public tranche, my ratings is probably less meaningful to majority of the readers. The IPO will close on 28 June at 12pm and starts trading on 30 June 2017 at 9am. Based on the IPO price, the market cap is around S$33.2m

Principal Business

The Company is a well-established shopper marketing services provider with 30 years of experience in the retail and consumer goods industries in Malaysia. It connects its customers with retail partners, namely the hypermarkets, supermarkets, pharmacies and convenience stores. Shopper360's customers base include MNCs such as Nestle, F&N, Samsung and its key retail partners include Giant, Cold Storage and Aeon.

now trading at 0.315.
 

Jupiter2017

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http://www.businesstimes.com.sg/companies-markets/shopper360-h1-earnings-up-31-to-rm46m
Shopper360 H1 earnings up 31% to RM4.6m
Fri, Jan 12, 2018 - 8:35 AM Wong Kai Yi kaiyiw@sph.com.sg

SHOPPER360'S first-half net profit rose 31 per cent to 4.61 million ringgit (S$1.5 million) as non-controlling interests and earnings from continuing operations both fell.
Earnings per share grew to 4.03 sen for the six months ended Nov 30, 2017, from 3.08 sen in the year-ago period, the marketing company announced. Net asset value per share rose to RM40.95 as at Nov 30, from RM37.90 six months earlier.
No dividend was declared for the period.
For the fiscal first half, revenue rose 6 per cent to 68.8 million ringgit from the preceding year. The gain in revenue was due partly to an increase in revenue contributions from existing and new customers in its in-store advertising and field force management segments, the group said.
Excluding a 1.4 million ringgit year-ago loss from discontinued operations, Shopper360's first-half profit from continuing operations fell 21 per cent to 4.6 million ringgit as cost of sales grew 10 per cent and administrative expenses increased by 12 per cent.
The company, which listed in June 2017, also had non-controlling interests that laid claim to 0.92 million ringgit of attributable profit in the year-ago period; there were no non-controlling interests in the six months to November.
Looking ahead, Shopper360 said it was "cautiously optimistic" about performance for the year ending May 2018.
It highlighted a joint venture agreement entered into in November with Pahtama Group Co to provide marketing services in the retail and consumer goods industries in Myanmar.
In addition, Shopper360 also said that it expanded its digital marketing services in Singapore as a result of its appointment as the creative agency for Burger King Singapore.
Shopper360 shares closed at 27 Singapore cents on Friday, up 8 per cent or 2 Singapore cents, after the results were announced.

price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=1F0.SI
 

Shion

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shopper360's Samuel Chan quits amid alleged misconduct probe

shopper360's Samuel Chan quits amid alleged misconduct probe

http://www.businesstimes.com.sg/com...muel-chan-quits-amid-alleged-misconduct-probe

SHOPPER360's executive officer Samuel Chan has voluntarily resigned from his post amid an internal investigation of alleged misconduct, the company said in a filing with the Singapore Exchange on Tuesday night after market close.

shopper360, a Malaysia-based provider of shopper marketing services, added that the firm will search for a suitable replacement and announce the appointment in due course. In the interim, executive chairman and group managing director, Chew Sue Ann will assume the roles and responsibilities of Mr Chan.

Mr Chan was appointed to his designation as regional director at Pos Ad Sdn Bhd, ShopperPlus Sdn Bhd, ShopperPlus Myanmar Co and Gazelle Activation Sdn Bhd on Oct 20, 2014. Among other things, he was responsible for the management and development of these subsidiaries, as well as the group's expansion into Singapore and Myanmar.

Mr Chan has 250,000 ordinary shares in shopper360.

The counter last traded at 21 Singapore cents apiece on Tuesday, unchanged from the previous day's close.
 

Shion

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Shopper360 appoints group CEO to drive strategy growth and development

Shopper360 appoints group CEO to drive strategy growth and development

https://www.straitstimes.com/busine...-ceo-to-drive-strategy-growth-and-development



SINGAPORE - Shopper360 has hired former Facebook Malaysia client partner Matthew Ho to take on the newly created role of group chief executive officer, the Catalist-listed marketing services company announced on Thursday (Dec 13).

Mr Ho's appointment takes effect from Jan 9, 2019. Before Facebook, he was regional director for Huawei Technologies (Malaysia), and had also held positions at Mediaedge:cia Malaysia, WPP Marketing Communications, Better and Media Two Point Zero.

In his new role, Mr Ho will be responsible for driving the group's growth, including accelerating the development of the company's strategic offerings. He will also enable Shopper360 executive chairman and group managing director Chew Sue Ann to focus on her role as the chairman.

Shopper360 helps its customers with in-store marketing and advertising services, and with the hiring and management of marketers, which the company calls "field force" services. The company also helps to organise events and activies aimed at providing product samples and engaging with end customers.

Ms Chew said in a statement: "We are reviewing several mergers and acquisitions opportunities and joint ventures that will strengthen our digital offering. I look forward to partnering with Mr Ho to seize those opportunities, that will complement our core competencies, and help us build a sustainable business for the future."

The new appointment is the latest leadership change for Shopper360, which has disclosed at least seven key management or board changes since it listed in 2017 and before Mr Ho's hiring.

In November 2017, the company announced that it was appointing James Ling, the husband of Ms Chew, as executive director effective Jan 8, 2018. On Jan 8, Ravichandran K. Moorthy resigned as non-executive, non-independent director to facilitate the reconstitution of the board.

In April 2018, Samuel Chan resigned as regional director of Shopper360 units Pos Ad and ShopperPlus amid investigations into allegations of misconduct. Pos Ad is Shopper360's in-store advertising arm.

That same month, Shopper360 redesignated Janice Cheah Boon Chin as chief executive of Retail Galaxy, which houses conflicting brands in Shopper360's field force segment, from chief executive of Jump Retail, the group's field force management arm.

In June 2018, Shopper360 terminated Ms Cheah, saying that she had not met expectations as CEO of Retail Galaxy, and appointed business development and operations general manager Lee Jun Ling as business lead for Retail Galaxy.

In July 2018, Shopper360 confirmed Ms Lee's role as head of Retail Galaxy. The company also hired Ooi Chee Kee as chief executive of Jump Retail. In August, the firm appointed Tan Swee Seng as CEO of Pos Ad and ShopperPlus, effective September 2018.
 
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