Singapore: Grab, Sembcorp Marine, Cialfo, Uni-Asia Group and more

• The headlines for Grab‘s recent results looked encouraging but the higher driver and consumer incentives hit revenues and profitability towards the end of the year but this is temporary.
• Grab (GRAB US) is facing stiffer competition in the region, especially from GoTo and Shopee Food but is defending its lead and preparing for higher growth in mobility requiring investment.
• Increasing exposure in digital financial services plus more focus on verticals such as online groceries bodes well for future growth. A market cap of US$12.5bn with US$6.8bn in net cash.

• After a 35% price decline in 2021 and 11% performance YTD, we are exploring if SMM is able to capitalize on the high oil price environment.
• We will look at its recent financial performance, orderbook, and financial forecast in 2022.
• We will also look at how to value the company and the key risk with our valuation.

• Cialfo, a Singapore-based edtech startup, has raised another US$20 million in series B funding led by US-based investment firm Tiger Global after it raised US$40 million in January this year.
• In total, the company has raised US$77 million in funding to date. VentureCap Insights pegged the firm’s valuation at around US$230 million.
• Founded by Rohan Pasari, Stanley Chia, and William Hund in 2017, Cialfo is a software-as-a-service firm that simplifies the career exploration and college search process.

For our next Corporate Webinar, we are glad to welcome Uni-Asia Group (UAG SP) Group CFO Lim Kai Ching.

In the upcoming Webinar, Kai Ching will share a short company presentation, after which he will engage in a fireside chat with Smartkarma Insight Provider Osbert Tang. The Corporate Webinar will include a live Q&A session.

The Corporate Webinar will be hosted on Tuesday, 22 March 2022, 17:00 SGT.

Uni-Asia Group Limited is an alternative investment company, which offers structured financing, ship charter arrangement, shipping and maritime asset management, and real estate investments. The Group has 10 wholly-owned bulk carriers under the Group’s ship-owning and chartering segment, and another eight bulk carriers through joint-investment companies.

Uni-Asia also invests in property projects in Hong Kong, of which two projects have been completed and are currently in the market for strata-title sales. The Group is also invested in three other property projects in Hong Kong, which are currently under construction. Within Japan, the Group has been investing and developing small residential property projects termed the “ALERO” series for the past 10 years and continues to see great success with these projects.

Corporate Webinars by Smartkarma Corporate Solutions feature discussions with IROs and Executives, discussing their companies, the challenges they face, and the opportunities in their sectors and markets.