Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

Asian Insight Provider - Actionable ideas

Equity Bottom-Up

Best World International / Equity Bottom-Up

<a href="https://www.smartkarma.com/entities/4600" target="_blank" data-smartkarma-citation="entities:4600:1">Best World International Limited (BEST SP)</a> share price fell 12% yesterday on heavy volume (29 million shares traded when the average 1-year daily volume is 3.9 million shares) after Chinese regulator said on Monday they will crack down on a pyramid scheme. Best World derives 48% of its revenue from China but a closer look at the revenue breakdown reveals revenue derives from multi-level-marketing is less than 10% of total revenue for the past three years. <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/031/671/original/Revenue-Breakdown-Best-World-Direct-Selling-Retail-Multi-Level-Marketing-Export-Total_chartbuilder.png?1502846343" class="editor-image img-responsive" data-smartkarma-image-id="31671"></figure>The company responded that the China's…

Best World International Limited (BEST SP) share price fell 12% yesterday on heavy volume (29 million shares traded when the average 1-year daily volume is 3.9 million shares) after Chinese regulator said on Monday they will crack down on a pyramid scheme. Best World derives 48% of its revenue from China but a closer look at the revenue breakdown reveals revenue derives from multi-level-marketing is less than 10% of total revenue for the past three years. The company responded that the China's…

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

It was a friendship that spanned three decades and resulted in the founding of the only direct-selling company listed on the Singapore bourse.
The bond between the founders of Best World International Ltd - Dora Hoan and Doreen Tan - was forged in 1986, when Hoan was the marketing manager of another direct-selling business, and Tan one of its top distributors.
"Over the years, we built a firm friendship, and when I decided to quit due to conflicts within the senior management team, the first person I called was Doreen," recalled Hoan, who was 37 then.
"She suggested we resign together and strike out on our own."
That proved to be a momentous decision - Best World was established in 1990.

It was a friendship that spanned three decades and resulted in the founding of the only direct-selling company listed on the Singapore bourse.
The bond between the founders of Best World International Ltd - Dora Hoan and Doreen Tan - was forged in 1986, when Hoan was the marketing manager of another direct-selling business, and Tan one of its top distributors.
"Over the years, we built a firm friendship, and when I decided to quit due to conflicts within the senior management team, the first person I called was Doreen," recalled Hoan, who was 37 then.
"She suggested we resign together and strike out on our own."
That proved to be a momentous decision - Best World was established in 1990.

Singapore

Best World International Limited sources, formulates, brands, and distributes a range of health and lifestyle products under the BWL, Avance, DORS, DR's Secret, and DRs Seager brand names.  The Company also distributes a range of third-party cosmetics and skin care products under the brand C'bon.

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Best World International (BEST SP)

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Best World International Limited (BEST SP) share price fell 12% yesterday on heavy volume (29 million shares traded when the average 1-year daily...

Henry Soediarko

Best World Redefines Wellness for Life

It was a friendship that spanned three decades and resulted in the founding of the only direct-selling company listed on the Singapore bourse. The...

Singapore Exchange Ltd (SGX)

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