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GT STEEL CONSTRUCTION GROUP LIMITED(8402.HK)新股申购

GT STEEL CONSTRUCTION GROUP LIMITED (8402.HK) IPO

長雄證券 ·  Jul 3, 2017 00:00  · Researches

  GT Steel Construction Group has been involved in the design, supply, manufacture and construction of buildings in Singapore since 2003

The steel structures used include technical plants, industrial buildings, commercial buildings, government agencies and residential buildings. In addition, in some steel construction projects, the group also provides equipment installation and supporting services. At the same time, the group is also a Class S1 certified steel manufacturer by the Singapore Structural Steel Association. In the two years ending December 31, 2016, the group completed 31 steel structure projects, with an average contract value of about 1.6 million Singapore dollars. All of the revenue contribution items came from private customers.

Competitive advantage

The group is a specialist steel structure manufacturer with rich experience in Singapore

The track record shows that it can efficiently provide a reliable steel structure as scheduled

The group focuses on value engineering solutions, which makes it even more

Able to handle larger and more complex projects

Risk Factors

In view of the irregular nature of the group's contract, if it becomes impossible

The acquisition of new contracts may have a significant impact on the composition of financial performance

The group's failure to complete the project in a timely manner may affect financial expressions and

Reputation structure is significantly affected or may be subject to claims

Groups or meetings facing the Construction Industry Payment Security Law

Adjudication procedure

Use of proceeds

Approximately 48.2% was used to purchase additional steel manufacturing facilities in Singapore

Implement

Approximately 34.8% was used to purchase equipment to expand production capacity

Approximately 16% was used to hire additional personnel to support business expansion

Approximately 1% is used as general working capital

The translation is provided by third-party software.


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