Avarga Ltd. (U09)
SGX SGX Primary Summary
Avarga Ltd. (U09) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Avarga Ltd. ever had a stock split?
Avarga Ltd. Profile
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Mr. Ian Tong CEO | SGX Exchange | SG1K55001665 ISIN |
| Singapore Country | 722 Employees | - Last Dividend | 2 Feb 2010 Last Split | - IPO Date |
Overview
Avarga Limited is a versatile investment holding company with a broad international presence, including operations in Canada, the United States, Malaysia, Singapore, Myanmar, Sri Lanka, Australia, and beyond. Initially recognized as UPP Holdings Limited prior to its rebranding in April 2018, Avarga Limited has been operating since 1967 with its headquarters based in Singapore. The company's operations are diversified across four main segments: Paper Mill, Power Plant, Building Products, and Others, demonstrating its multifaceted business approach. Not only does it engage in the manufacturing and trading of paper products, but it also ventures into power generation and the distribution of building materials, reflecting its dynamic business model and commitment to sustainability and innovation.
Products and Services
- Paper Mill
Avarga Limited is prominent in the paper industry, manufacturing and selling industrial grade paper products. These include testliner, corrugating medium, chip board, and core board, primarily utilized in the production of corrugated carton boxes and other paper products. The company focuses on sustainability by collecting and trading in waste paper products and trading in recycled fibers, contributing to the circular economy.
- Power Plant
In the energy sector, Avarga operates a 50 megawatt gas-fired electricity plant located in Yangon, Myanmar. This facility plays a pivotal role in the local community by selling its generated electricity directly to the Myanmar Government, showcasing Avarga’s commitment to contributing to the region’s energy infrastructure and stability.
- Building Products
The company's portfolio also extends to the distribution of building materials. Avarga offers a wide range of products including lumber, panels, moldings, sidings, engineered wood, flooring, roofing, insulations, amongst others. This diversification into building materials allows the company to meet the growing demand in construction and renovations sectors with a comprehensive suite of high-quality products.
