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Avarga Limited (U09.SI)

SES - SES Delayed price. Currency in SGD
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0.18500.0000 (0.00%)
At close: 04:51PM SGT

Avarga Limited

No. 13-10, Great World City
1 Kim Seng Promenade
Singapore 237994
Singapore
65 6836 5522
https://www.avarga.com.sg

Sector(s): Industrials
Industry: Industrial Distribution
Full-time employees: 722

Key executives

NameTitlePayExercisedYear born
Dr. Kooi Ong TongExecutive Chairman306.16kN/A1959
Mr. Ian TongCEO & Executive Director544.99kN/A1989
Ms. Lai Yeen TaiGroup Finance ManagerN/AN/AN/A
Mr. Hsien Ming KhooPresident of Investment & Power Generation33.07kN/A1971
Ms. Lee Huang NgManaging Director of UPP Pulp & Paper (M) Sdn BhdN/AN/AN/A
Ms. Hui Yee CheokCompany SecretaryN/AN/AN/A
Mr. Russell Robert PermannCEO & President of Taiga Building Products Ltd.N/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

Description

Avarga Limited, an investment holding company, engages in manufacturing and trading of paper products in Canada, the United States, Malaysia, Singapore, Myanmar, Sri Lanka, Australia, and internationally. The company operates through four segments: Paper Mill, Power Plant, Building Products, and Others. The company manufactures and sells industrial grade paper products, such as testliner, corrugating medium, chip board, and core board that are primarily used to manufacture corrugated carton boxes and other finished paper products; and provides management services. It also collects and trades in waste paper products; and trades in recycled fibres. In addition, the company operates a 50 megawatt gas-fired electricity plant in Yangon, Myanmar, which sells its electricity to the Myanmar Government. Further, it distributes building materials, such as lumber, panels, moldings, sidings, engineered wood, flooring, roofing, insulations, and others. The company was formerly known as UPP Holdings Limited and changed its name to Avarga Limited in April 2018. Avarga Limited was incorporated in 1967 and is based in Singapore.

Corporate governance

Avarga Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.