In my first post about net-net stocks (here), I identified 3 common factors that might lead to firms becoming a net-net stock: Poor Corporate Governance, Weak Management and Bad Outlook. As with all learning, examples are always helpful. While I was scanning SGX for potential buys, I came across an extremely interesting net-net example: Wee Hur Holdings. First of all, lets determine that Wee Hur is a net-net firm. The net current assets data attached is retrieved and calculated from the annual report found here. Do note that they are no longer a net-net firm based on their more recent quarterly report found here as their net current assets fell. Wee Hur is an interesting net-net case as they come with impressive credentials. They have been named Forbes Asia Best Under a Billion as recently as 2015 following on their 2013 award. Such impressive credentials suggest ......