Annual Reports

small-report
DateTitleDownload
AnnAik AR2017-1-1-001 - Copy ANNUAL REPORT YEAR 2017

Dear Shareholders, 2017 proved to be a year where the global economy had largely bottomed out. While protectionism policies and sentiments persisted in some parts of the world, economies in other parts showed signs of stabilisation with the gradual recovery of oil prices. Correspondingly, the Singapore economy grew by 3.6% in 2017. However, the performance… read more »

AAK-AR-cov-2016 ANNUAL REPORT YEAR 2016

Dear Shareholders, 2016 had been a tumultuous year fraught with unexpected political and social episodes. The United Kingdom’s unexpected Brexit decision and the results of the U.S presidential election had shrouded the world with clouds of uncertainties. The U.S and most of the developed economies achieved modest economic growth; and even China, one of the… read more »

sp ANNUAL REPORT YEAR 2015

Dear Shareholders, In 2015, the world economy experienced strong headwinds as a result of the weakening Chinese economy, plummeting oil and commodity prices. These negative developments coupled with persistent flat growth in Europe and Japan offset the moderate growth in the U.S market, and adversely impacted the overall economy outlook in Singapore. Navigating a Challenging… read more »