MIRA INFORM REPORT

 

 

 

 

Report Date :

27.12.2013

 

IDENTIFICATION DETAILS

 

Name :

KIAN ANN ENGINEERING LTD

 

 

Formerly Known as: 

Kian Ann Engineering Company (Pte) Ltd

 

 

Registered Office :

7 Changi South Lane, Singapore, 486119

 

 

Country :

Singapore 

 

 

Year of Establishments:

1964

 

 

Com. Reg. No.:

197101102H

 

 

Legal Form :

Public Subsidiary Company

 

 

Line of Business :

·         distributor of heavy machinery parts and diesel engine components.

Subject distributes products such as bulldozers and hydraulic excavators, carrier rollers, idlers, track shoes and assemblies, track rollers, sprockets, segment teeth, and recoil springs.

 

 

No. of Employees :

313

 


NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – September 30th, 2013

 

Country Name

Previous Rating

(30.06.2013)

Current Rating

(30.09.2013)

Singapore 

A1

A1

 

Risk Category

ECGC Classification

 

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Singapore ECONOMIC OVERVIEW

 

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. Real GDP growth averaged 8.6% between 2004 and 2007. The economy contracted 0.8% in 2009 as a result of the global financial crisis, but rebounded 14.8% in 2010, on the strength of renewed exports, before slowing to 5.2% in 2011 and 1.3% in 2012, largely a result of soft demand for exports during the second European recession. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity, which has sunk to an average of about 1.0% in the last decade. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub.

 

Source : CIA

 

 

 

 


Company name & address

 

Kian Ann Engineering Ltd

7 Changi South Lane

Singapore, 486119

Singapore

 

Tel:       65 6298 1011

Fax:      65 6587 3488

 

Web:     www.kianann.com.sg

 

           

Synthesis

 

Employees:                   313

Company Type:            Public Subsidiary

Corporate Family:          27 Companies

Ultimate Parent:             Invicta Holdings Limited

Traded:

Singapore:                     K04

Incorporation Date:         1964

Auditor:                        ERNST & YOUNG LLP  

Financials in:                 USD (Millions)

 

Fiscal Year End:            01-Jun-2011

Reporting Currency:       Singapore Dollar

Annual Sales:               124.2

Total Assets:                163.5

 

 

Business Description     

 

Kian Ann Engineering Ltd (Kian Ann) is a distributor of heavy machinery parts and diesel engine components. The company distributes products such as bulldozers and hydraulic excavators, carrier rollers, idlers, track shoes and assemblies, track rollers, sprockets, segment teeth, and recoil springs. It also offers individual parts comprising bushings, pins, floating seals, bolts and nuts. Kian Ann offers its services to machine brands such as Cummins, Caterpillar, Kobelco, Volvo, Scania, Man, BPW, Komatsu, Hitachi, Sumitomo, Mercedes Benz, Hyundai, Samsung and Daewoo. The company has operates in Southeast Asia, Central Asia, China, Australia, New Zealand, Europe, Russia, the Middle East, Africa, Papua New Guinea, the Solomon Islands, and North and South America. Kian Ann Engineering Ltd is headquartered in Singapore.

 

Industry

Industry            Machinery Wholesale

ANZSIC 2006:    3419 - Other Specialised Industrial Machinery and Equipment Wholesaling

ISIC Rev 4:        4659 - Wholesale of other machinery and equipment

NACE Rev 2:     4669 - Wholesale of other machinery and equipment

NAICS 2012:     423830 - Industrial Machinery and Equipment Merchant Wholesalers

UK SIC 2007:    4669 - Wholesale of other machinery and equipment

US SIC 1987:    5084 - Industrial Machinery and Equipment

 

 

Key Executives   

             

Name

Title

Kevin Cher Chuan Law

General Manager

David Wee Kok Tan

Secretary & Controller-Finance

Than Yee Khin

Assistant IT Manager

Lawrence Teow

Procurement Manager

Han Cheong Low

Co-Founder & Chairman

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = SGD 1.307332

2 - Balance Sheet Item Exchange Rate: USD 1 = SGD 1.2321

 

 

Corporate Overview

 

Location

7 Changi South Lane

Singapore, 486119

Singapore

Tel:       65 6298 1011

Fax:      65 6587 3488

Web:    www.kianann.com.sg

           

Quote Symbol - Exchange

K04 - Singapore

 

Sales SGD(mil)  :           162.3

Assets SGD(mil):           201.5

Employees:                   313

Fiscal Year End:            01-Jun-2011

Industry:                        Miscellaneous Capital Goods

Incorporation Date:         1964

Company Type:             Public Subsidiary

Quoted Status:              Not Quoted

Previous Name:             Kian Ann Engineering Company (Pte) Ltd

Registered No.(Asia):     197101102H

 

Co-Founder & Chairman:

Han Cheong Low


Industry Codes

ANZSIC 2006 Codes:

3419     -          Other Specialised Industrial Machinery and Equipment Wholesaling

5309     -          Other Warehousing and Storage Services

3411     -          Agricultural and Construction Machinery Wholesaling

 

ISIC Rev 4 Codes:

4659     -          Wholesale of other machinery and equipment

4653     -          Wholesale of agricultural machinery, equipment and supplies

5210     -          Warehousing and storage

 

NACE Rev 2 Codes:

4669     -          Wholesale of other machinery and equipment

5210     -          Warehousing and storage

4661     -          Wholesale of agricultural machinery, equipment and supplies

 

NAICS 2012 Codes:

423830  -          Industrial Machinery and Equipment Merchant Wholesalers

423820  -          Farm and Garden Machinery and Equipment Merchant Wholesalers

531130  -          Lessors of Miniwarehouses and Self-Storage Units

 

US SIC 1987:

5084     -          Industrial Machinery and Equipment

5083     -          Farm and Garden Machinery and Equipment

4225     -          General Warehousing and Storage

 

UK SIC 2007:

4669     -          Wholesale of other machinery and equipment

52103   -          Operation of warehousing and storage facilities for land transport activities of division 49

4661     -          Wholesale of agricultural machinery, equipment and supplies

 

Business Description

Independent distributing, manufacturing and trading of heavy machinery parts and diesel engine spares for bulldozers, excavators, wheel loaders, dump trucks, power generation sets and marine engines.

 

More Business Descriptions

Trading of heavy machinery parts and diesel engine spares. The principal activities of its subsidiary companies are that of trading and manufacturing of machinery spares, warehousing, logistics and investment holding

 

Heavy Machinery Parts & Diesel Engine Components Distr

 

Kian Ann Engineering Ltd (Kian Ann) is a distributor of heavy machinery parts and diesel engine components. The company distributes products such as bulldozers and hydraulic excavators, carrier rollers, idlers, track shoes and assemblies, track rollers, sprockets, segment teeth, and recoil springs. It also offers individual parts comprising bushings, pins, floating seals, bolts and nuts. Kian Ann offers its services to machine brands such as Cummins, Caterpillar, Kobelco, Volvo, Scania, Man, BPW, Komatsu, Hitachi, Sumitomo, Mercedes Benz, Hyundai, Samsung and Daewoo. The company has operates in Southeast Asia, Central Asia, China, Australia, New Zealand, Europe, Russia, the Middle East, Africa, Papua New Guinea, the Solomon Islands, and North and South America. Kian Ann Engineering Ltd is headquartered in Singapore.

 

Industrial Machinery and Equipment Merchant Wholesalers

 

Financial Data

Financials in:

SGD(mil)

 

Revenue:

162.3

Assets:

201.5

 

Date of Financial Data:

01-Jun-2011

1 Year Growth

NA

NA

 

Subsidiaries

Company

Percentage Owned

Country

Kian Ann Districentre Pte Ltd

100%

SINGAPORE

Kian Ann Engineering Trading (Shanghai) Co Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Transmec Engineering Pte Ltd

51%

SINGAPORE

Kian Ann Investment Pte Ltd

100%

SINGAPORE

Kian Chue Hwa (Industries) Pte Ltd

80%

SINGAPORE

Haneagle Heavyparts Indonesia, PT

98.5%

INDONESIA

 

 

 

 

Key Corporate Relationships

Auditor:

ERNST & YOUNG LLP

 

Auditor:

ERNST & YOUNG LLP, Ernst & Young LLP

 

 

 

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

Invicta Holdings Limited
Kian Ann Engineering Ltd

Kian Ann Engineering Ltd 
Total Corporate Family Members: 27 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Invicta Holdings Limited

Parent

Cape Town

South Africa

Construction and Hardware Materials Wholesale

889.2

4,498

 

Kian Ann Engineering Ltd

Subsidiary

Singapore

Singapore

Machinery Wholesale

124.2

313

 

PT Haneagle Heavyparts Indonesia

Subsidiary

Bogor, Jawa Barat

Indonesia

Motor Vehicle Wholesale

 

100

 

Kian Chue Hwa (Industries) Pte Ltd

Subsidiary

Singapore

Singapore

Motor Vehicle Wholesale

 

21

 

Kian Ann Engineering Trading (Shanghai) Co., Ltd.

Subsidiary

Shanghai

China

Motor Vehicle Wholesale

 

20

 

Transmec Engineering Pte Ltd

Subsidiary

Singapore

Singapore

Metal Products Manufacturing

 

 

 

Kian Ann Districentre Pte Ltd

Subsidiary

Singapore

Singapore

Commercial Real Estate Leasing

 

 

 

Kian Ann Investment Pte. Ltd.

Subsidiary

Singapore

Singapore

Investment Services

 

 

 

Bearing Man 1955 Limited

Subsidiary

Durban, KwaZulu-Natal

South Africa

Holding Companies

 

100

 

Bearing Man (Pty) Ltd

Subsidiary

Durban

South Africa

Machinery Wholesale

331.9

862

 

Bearing Man (Swaziland) (Pty) Ltd

Affiliates

Matsapha

Swaziland

Metal Products Manufacturing

 

13

 

Bearing Man (Botswana) (Pty) Ltd

Affiliates

Gaborone

Botswana

Metal Products Manufacturing

 

10

 

Bearing Man (Namibia) (Pty) Ltd

Subsidiary

Windhoek

Namibia

Metal Products Manufacturing

 

 

 

Bearing Man (Zambia) (Pty) Ltd

Subsidiary

Lusaka

Zambia

Metal Products Manufacturing

 

 

 

Humulani Investments (Pty) Ltd.

Subsidiary

Cape Town

South Africa

Holding Companies

 

 

 

CSE Equipment Company (Pty) Ltd

Subsidiary

Isando

South Africa

Machinery Wholesale

 

503

 

New Holland SA (Pty) Ltd.

Subsidiary

Isando, Gauteng

South Africa

Machinery Wholesale

 

500

 

Goldquest International Hydraulics SA (Pty) Ltd.

Subsidiary

Johannesburg, Gauteng

South Africa

Machinery and Equipment Manufacturing

 

200

 

Equipment Spare Parts Africa (Pty) Ltd.

Subsidiary

Isando

South Africa

Motor Vehicle Wholesale

 

150

 

Tiletoria (Pty) Ltd

Subsidiary

Cape Town

South Africa

Construction and Hardware Materials Wholesale

 

136

 

Criterion Equipment (Pty) Ltd

Subsidiary

Isando

South Africa

Machinery Wholesale

 

70

 

Oscillating Systems Technology Africa (Pty) Ltd.

Subsidiary

Pretoria, Gauteng

South Africa

Electromedical and Control Instruments Manufacturing

 

36

 

Disa Equipment (Pty) Ltd.

Subsidiary

Isando, Gauteng

South Africa

Machinery Wholesale

 

20

 

Humulani Marketing (Pty) Ltd

Subsidiary

Isando, Gauteng

South Africa

Holding Companies

 

 

 

Operational Marketing (Pty) Ltd

Subsidiary

Johannesburg, Gauteng

South Africa

Machinery Wholesale

 

 

 

High Power Equipment Africa (Pty) Ltd

Subsidiary

Boksburg, Gauteng

South Africa

Machinery Wholesale

 

 

 

Macneil (Pty) Ltd

Subsidiary

Goodwood, Western Cape

South Africa

Construction and Hardware Materials Wholesale

 

 

 

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Han Cheong Low

 

Co-Founder & Chairman

Chairman

 

Lau Hwee Beng

 

Director

Director/Board Member

 

Tan Ngiap Joo

 

Director

Director/Board Member

 

Ng Cher Yan

 

Director

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Kevin Cher Chuan Law

 

General Manager

Division Head Executive

 

Raymond Gim Hin Tan

 

Assistant General Manager-Purchasing

Division Head Executive

 

Allan Gim Hoon Ang

 

Assistant General Manager-Sales

Division Head Executive

 

Florence Fei Lin Low

 

Group Human Resource and Corporate Communications Manager

Division Head Executive

 

Yeow Tuan Low

 

Assistant General Manager-Sales

Division Head Executive

 

Soo Chew Loy

 

General Manager

Division Head Executive

 

Sam Kia Tiong Teo

 

Assistant General Manager-Parts

Division Head Executive

 

Donald Shao Wei Low

 

Deputy General Manager

Division Head Executive

 

Peng Kwee Law

 

Co-Founder & Managing Director

Managing Director

 

Ho Seng Lim

 

Managing Director

Managing Director

 

David Wee Kok Tan

 

Secretary & Controller-Finance

Finance Executive

 

Than Yee Khin

 

Assistant IT Manager

Information Executive

 

Lawrence Teow

 

Procurement Manager

Purchasing Executive

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.98

UK Pound

1

Rs.101.49

Euro

1

Rs.84.79

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.