Listed on the Catalist Board of the Singapore Stock Exchange, the Company started off as a commercial printer of books, calendars and other publications. In 2015, it diversified its business scope to include Chemicals and Investments. With this diversification, the Company hopes to add new revenue streams, turn profitable and maximise long term value for shareholders.
The scope of growth of our chemicals business include manufacturing, trading, storage and/or the manufacture or trading of equipment, accessories, consumables or peripherals used in the chemical industry and other related business. As a first step into the chemicals business, we had entered into a joint venture agreement with Mr Jiang Hao and set up a new joint venture company, Orient-Salt Chemicals Pte. Ltd. (“OSC”) which was incorporated on 5 June 2015. OSC will adopt a trading and distribution model. The focus would be on the trading of chemicals used primarily for industrial applications which are likely to consist of mainly commodity chemicals and, to a lesser extent, specialty chemicals. This trading business is intended to be based primarily in Singapore and Shanghai in the PRC.