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The Company was incorporated in Singapore on 3 November 1993 under the name Achieva Pte Ltd. On 11 April 2000, the Company was converted into a public limited company and changed its name to Achieva Ltd. The Company is an investment holding company.
The Group is principally engaged in the distribution of electronic and information technology-related products under distributorship and sales representative agreements or arrangements with its principals. The various product lines carried by the Group and the product-markets which they serve may be classified into the following three categories: PC peripherals, parts and software; electronic components and data network products and services. It has 4 subsidiaries and operations in Singapore, Australia, Malaysia, China, Thailand, the Philippines and Vietnam. In FY1999, the turnover attributable to markets outside Singapore accounted for approximately 65 percent of the total turnover of the Group. In 2000, it set up a design centre in India to provide design and consultancy services to customers.
20/07/2007 17:05Achieva
The Group is principally engaged in the distribution of electronic and information technology-related products under distributorship and sales representative agreements or arrangements with its principals. The various product lines carried by the Group and the product-markets which they serve may be classified into the following three categories: PC peripherals, parts and software; electronic components and data network products and services. It has 4 subsidiaries and operations in Singapore, Australia, Malaysia, China, Thailand, the Philippines and Vietnam. In FY1999, the turnover attributable to markets outside Singapore accounted for approximately 65 percent of the total turnover of the Group. In 2000, it set up a design centre in India to provide design and consultancy services to customers.
20/07/2007 17:05Achieva
LuckyHuat, is this the news we are waiting for?
btw, why is the listing of Avi-Tech Electronics and MAP on 25 and 27July give Achieva a boost? don't understand here. care to enlighten?
btw, why is the listing of Avi-Tech Electronics and MAP on 25 and 27July give Achieva a boost? don't understand here. care to enlighten?
Achieva an electronics co to be taken over by an energy/oil trading co...the impending listing of Avi-Tech Electronics and MAP on 25 and 27July will give Achieva an added push nor
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ACHIEVA POSTS 100% INCREASE IN NET PROFIT ACHIEVA POSTS 100% INCREASE IN NET PROFIT OF S$4 MILLION ON A TURNOVER OF S$597 MILLION FOR FY 2006
Singapore, 1 March, 2007 - Mainboard-listed Achieva Limited (?Achieva?), one of Asia Pacific?s knowledge-based, value-added distributors and solutions providers focusing on electronic components, IT and digital lifestyle products, today reported a 100% increase in net profit of S$4 million on a group turnover of S$597 million for FY 2006 (FY2005: S$611 million). The peripherals division contributed S$290.5 million (49% - 2005:62%) while the semiconductor components division contributed S$306.3 million (51% - 2005:38%) of the total turnover. The focus in the change reflects the Group?s strategy of growing its semiconductors business within the Asia Pacific region. The Group?s earning per share (EPS) increased by 70% to 0.78 cents compared with 0.46 cents in FY2005. Commenting on the Group?s FY2006?s results, President and CEO, Mr Henry Lim said: ?The Group?s results demonstrated that our strategy of focusing on higher value added products and profitability has delivered positive results. Market conditions remain very competitive, but we have managed to gain market share and remained profitable for all our business divisions. We will continue to drive growth in both our core businesses by adding new higher value-added products with better margins in all our markets across Asia Pacific?. The Group will continue to pursue the expansion of its electronic components division in Asia. We will continue to strengthen our presence to capitalize on the continued global shift of manufacturing activities to Asia. The Group will also continue to explore new investment opportunities to attain better economy of scale and for strategic alliance purposes....RESULTS WAS RELEASED on 21April 2007 |
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Let your $ work for U buy Achieva and watch it soar.....next week
BY HAPPYDAY
Vested wishes all Achieva supporter HUAT AH .................
| happyday Joined: 20 Apr 2007 Posts: 882 |
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| Code | Stock Name | Rmks | Open | Last |  |
Chng | %Chng | Vol | BuyVol | Buy | Sell | SellVol | High | Low | Prev | M | Sector | Cur | Mkt | Off Code | Feed Code |
| A02 | Achieva | -- | 0.255 | 0.265 |
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+0.025 | +10.4 | 32,870 | 104 | 0.265 | 0.270 | 5,045 | 0.270 | 0.240 | 0.240 |  |
| Code | Stock Name | Rmks | Open | Last | |
Chng | %Chng | Vol | BuyVol | Buy | Sell | SellVol | High | Low | Prev | M | Sector | Cur | Mkt | Off Code | Feed Code |
| A02 | Achieva | -- | 0.255 | 0.260 |
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+0.020 | +8.3 | 19,116 | 1,190 | 0.260 | 0.265 | 1,989 | 0.265 |