My quirky investment methods has bought me another interesting counter.
By exploring different ways of screening for counters, I chanced upon Ocean Sky International Ltd.
What caught my attention was the business activities – Ocean Sky International Ltd – stated on the SGX Website!
“Ocean Sky International Limited, an investment holding company, through its 100% interest in Ang Tong Seng Brothers Enterprises Pte. Ltd., provides building and civil engineering contracting services primarily in Singapore and Southeast Asia. The company offers engineering services, such as earthwork, roadwork, drainage work, basement work, and structural works comprising demolition and underground infrastructure works, as well as other general building works. It also invests in, develops, and manages properties. The company was incorporated in 1988 and is headquartered in Singapore.”
I remember Ocean Sky International Ltd (OSI) was in the apparel business. So why is it in the construction business now?
I decided …