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| Our Story |
Pan-United Corporation Ltd (PUC) started as
a small ship chandler in 1958. PUC ventured into regional
bulk shipping in the 1970s, and the marine
industry in the 1980s. In the 1990s, PUC diversified the
businesses into basic building materials and subsequently
the Changshu Xinghua Port in Changshu City, Jiangsu Province, China. We
were listed on the Singapore Stock Exchange in 1993.
Today, PUC is an integrated logistics and infrastructure group with interests that span the Asia-Pacific region. Our vision is to establish ourselves as an Asian multinational corporation through a concerted strategy of expansion, diversification and regionalisation.
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| Our Businesses |
PUC enjoys synergies across its core businesses which are geographically diversified across three regions.
- Basic Building Materials
The Basic Building Materials division operates a fully automated cement
silo in Singapore, importing cement and distributing
cement for the local market. It also operates two granite quarries, one in Malaysia and the other in Indonesia which supplies aggregates to the Singapore and domestic market. As a vertical integration, it is
the largest supplier of ready-mixed concrete for the Singapore market.
- Shipping
The Shipping division owns and operates a fleet of coastal vessels specialised in bulk cargo transportation in Southeast Asia and a container vessel. The division also provides ship management and agency services.
- Port & Logistics
PUC is the developer, major owner and operator of Changshu Xinghua Port,
one of the fastest growing river ports in China strategically situated
along the southern bank of Yangtze River Delta in
Jiangsu Province. Its handling capacity is 10.0m tonnes per annum.
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Our People
It is our people that will make the difference in the Group. They are our most important asset.
Financial Highlights 2010 |
- Revenue: $391.4 million
- PATMI: $20.3 million
- Dividend net of tax= 3.0 cents per share
- Dividend yield: about 6%
- Total Net Assets: $281.7 million
- Return on Equity: 7.2 %
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