August 20, 2017 11:12 PM ET

Specialty Retail

Company Overview of Eurosports Global Limited

Company Overview

EuroSports Global Limited distributes and retails automobiles. It operates through three segments: Automobiles Distribution, Experiential Business, and Watches Business. The company retails new ultra-luxury and luxury automobile brands, as well as pre-owned automobile brands comprising Lamborghini, Pagani, Alfa Romeo, and Touring Superlegerra. It also provides after-sales services comprising maintenance and repair, and grooming services, as well as breakdown assistance services; and retails and sells automobile parts and accessories. In addition, the company is involved in the rental and leasing of private cars with and without operator, as well as trade of related merchandise under the Ulti...

30 Teban Gardens Crescent

Singapore,  608927

Singapore

Founded in 1998

Phone:

65 6565 5995

Fax:

65 6567 5515

Key Executives for Eurosports Global Limited

Executive Chairman & CEO
Total Annual Compensation: $547.0K
Deputy CEO & Executive Director
Total Annual Compensation: $455.0K
Compensation as of Fiscal Year 2017.

Eurosports Global Limited Key Developments

Eurosports Global Limited Reports Audited Consolidated Earnings Results for the Full Year Ended March 31, 2017

Eurosports Global Limited reported audited consolidated earnings results for the full year ended March 31, 2017. For the year, the company reported revenues of SGD 52,403,000 compared with SGD 63,531,000 for the same period a year ago. Loss before tax was SGD 7,816,000 against SGD 4,414,000 a year ago. Net loss attributable to owners of the parent was SGD 7,968,000 or 3.01 cents per basic and diluted share compared with SGD 4,496,000 or 1.70 cents per basic and diluted share for the same period a year ago. Net cash flows from operating activities was SGD 15,611,000 against net cash used in operating activities of SGD 20,063,000 a year ago. Purchase of property, plant and equipment was SGD 469,000 against SGD 2,991,000 a year ago.

Eurosports Global Limited, Annual General Meeting, Jul 28, 2017

Eurosports Global Limited, Annual General Meeting, Jul 28, 2017, at 14:00 Singapore Standard Time. Location: East India Rooms, Level 1 Raffles Hotel Singapore, 1 Beach Road Singapore Singapore Agenda: To receive and adopt the directors' statement and the audited financial statements of the company for the financial year ended 31 March 2017 and the auditor's report thereon; to re-elect directors and approve director’s fee for the financial year ending 31 March 2018; to re-appoint Messrs RSM Chio Lim LLP as auditors and to authorize the directors to fix their remuneration; to transact any other routine business which may properly be transacted at an AGM; to consider share issue Mandate; to propose renewal of share purchase mandate; to consider eurosports performance share plan; and to consider eurosports employee share option scheme.

Eurosports Global Limited Incorporates a Joint Venture Company with S Agata Auto Pte Ltd

Eurosports Global Limited announced that together with it S Agata Auto Pte Ltd. jointly incorporated a new company in Singapore, Prosper Auto Pte Ltd. on June 19, 2017. Prosper Auto comprising 100 ordinary share of which 51 ordinary share are held by Eurosports Global Limited adn remaining 49 ordinary share are held by Prosper Auto. Prosper Auto will carry on distribution of automobiles, parts and accessories in Indonesia.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 15, 2017
SS Ventures Limited
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