Annual Reports

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Annual Report 2021 Cover Photo ANNUAL REPORT YEAR 2021

Dear Shareholders, Persevering through the challenges in the second year of COVID-19 (Coronavirus Disease 2019) pandemic, AnnAik has grown stronger in all business divisions and delivered a remarkable profit in FY2021. Our previous strategy of “Sustaining Steel Business and Growing Environmental Business” has paid-off well as distribution and manufacturing of steel flanges divisions benefitted from… read more »

Capture1 ANNUAL REPORT YEAR 2020

Dear Shareholders, 2020 started with an unprecedented outbreak of COVID-19 (Coronavirus Disease 2019) which has badly affected the economy of Singapore and the world. We have experienced series of events including Circuit Breaker imposed in 2nd quarter of 2020 and gradually move on to phase one and phase two in 3rd quarter and 4th quarter… read more »

Capture2 ANNUAL REPORT YEAR 2019

Dear Shareholders, 2019 started with a good momentum. However, as the year progressed, downside risks increased and disrupted early signs of stabilisation in the global economy. With China’s investment growth already expected to slow down following earlier financial reforms to curb shadow lending, the declaration of a phase one trade deal between the U.S. and… read more »