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August 28, 2015 1:28 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Achieva Limited

Company Overview

SUTL Enterprise Limited, an investment holding company, distributes and markets information technology computer peripherals, parts, software, and related products in Singapore, Malaysia, and Australia. It offers data storage devices such as hard disk drives; central processing units; monitors; digital cameras; modems; graphics/sound cards; and flat displays. The company distributes its products under the Western Digital and Intel brands. It also operates the ONE 15 Marina Club, a lifestyle club offering berthing and yacht chartering services. SUTL Enterprise Limited was incorporated in 1993 and is based in Singapore. As of June 10, 2015, Achieva Limited was acquired by SUTL Marine Developmen...

SUTL House

No. 05-00

100J Pasir Panjang Road

Singapore,  118525

Singapore

Founded in 1993

Phone:

65 6590 7100

Fax:

65 6590 7101

Key Executives for Achieva Limited

Achieva Limited does not have any Key Executives recorded.

Achieva Limited Key Developments

SUTL Enterprise Limited Reports Unaudited Group Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

SUTL Enterprise Limited reported unaudited group earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total income of SGD 15,556,000 against SGD 7,167,000 a year ago. Profit before tax was SGD 237,000 against SGD 409,000 a year ago. Profit attributable to owners of the company was SGD 429,000 against SGD 409,000 a year ago. The increase in revenue was due mainly to the inclusion of the revenue from the Company's technology division of SGD 8.7 million as a result of the reverse acquisition. For the six months, the company reported total income of SGD 22,736,000 against SGD 14,079,000 a year ago. Profit before tax was SGD 1,537,000 against SGD 1,097,000 a year ago. Profit attributable to owners of the company was SGD 1,501,000 against SGD 1,097,000 a year ago. Net cash from operating activities was SGD 999,000 against SGD 2,405,000 a year ago. Proceed from sale of property, plant and equipment was SGD 477,000 against purchase of property, plant and equipment of SGD 517,000 a year ago. Diluted earnings per share was 0.004 cents against 0.003 cents per share a year ago.

Achieva Limited has Changed its Name to SUTL Enterprise Limited

On June 10, 2015, Achieva Limited changed its name to SUTL Enterprise Limited.

Achieva Limited, Special/Extraordinary Shareholders Meeting, Jun 05, 2015

Achieva Limited, Special/Extraordinary Shareholders Meeting, Jun 05, 2015., at 14:30 Singapore Standard Time. Location: Constellation 1, ONE°15 Marina Club. Agenda: To approve the proposed acquisition; to approve for the whitewash resolution; and to approval for the proposed change of name.

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To contact Achieva Limited, please visit www.achieva.com.sg. Company data is provided by Capital IQ. Please use this form to report any data issues.

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