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Prepared on: 11 December 2015

EINDEC CORPORATION LIMITED

(Company Registration No.: 201508913H)


(Incorporated in the Republic of Singapore on 2 April 2015)

Prior to making a decision to purchase the Placement Shares, you should carefully consider all the
information contained in the offer document dated [] 2015 issued by Eindec Corporation Limited in
respect of the Placement (the Offer Document). This Product Highlights Sheet should be read in
conjunction with the Offer Document. You will be subject to various risks and uncertainties, including
the potential loss of your entire principal amount invested. If you are in doubt as to investing in the
Placement Shares, you should consult your legal, financial, tax or other professional adviser.
This Product Highlights Sheet is an important document.
It highlights the key information and risks relating to the offer of the Placement Shares contained in
the Offer Document. It complements the Offer Document1,2.
You should not purchase the Placement Shares if you do not understand the nature of an investment
in shares in a company, our business or are not comfortable with the accompanying risks.
If you wish to purchase the Placement Shares, you will need to make an application in the manner set
out in the Offer Document. If you do not have a copy of the Offer Document, please contact us to ask
for one.
Issuer

Eindec Corporation Limited

Place of
incorporation

Singapore

Details of this
Placement

[] Placement Shares
comprising [] new Shares

Total amount to
be raised in this
Placement

Gross
proceeds
of
approximately
S$[]
million and net proceeds of
approximately S$[] million

Placement Price

S$[] for each Placement


Share

Issue Manager,
Sponsor and
Placement Agent

UOB Kay Hian Private


Limited

Listing status of
Issuer and the
Securities

Acceptance of applications
will be conditional upon,
inter alia, the issue of
the Placement Shares and
permission being granted
by the SGX-ST for the
listing and quotation of all
our existing issued Shares,
the Placement Shares and
the Performance Shares on
Catalist. The Shares are
expected to be listed on [].

This Product Highlights Sheet does not constitute or form any part of any offer for sale or subscription of, or solicitation
of any offer to buy or subscribe for, any securities nor shall it or any part of it form the basis of, or be relied on in
connection with, any contract or commitment whatsoever.
1

The information in this Product Highlights Sheet is based on information found in the preliminary offer document dated
11 December 2015 issued by Eindec Corporation Limited (the Preliminary Offer Document), which is subject
to further verification, updating, revision, amendments and completion in the final Offer Document. Any decision to
subscribe for any securities must be made solely on the basis of information contained in the final Offer Document and
which information may be different from that found in the Preliminary Offer Document.
The Preliminary Offer Document, lodged by the SGX-ST, acting as agent on behalf of the Authority on 11 December
2015, may be obtained on request, subject to availability, during office hours from UOB Kay Hian Private Limited, or
accessible at the SGX-ST website: http://www.sgx.com.
2

PRODUCT HIGHLIGHTS SHEET

PLACEMENT OF [] PLACEMENT SHARES AT S$[] FOR EACH PLACEMENT


SHARE IN EINDEC CORPORATION LIMITED,
PAYABLE IN FULL ON APPLICATION

OVERVIEW
WHO ARE WE AND WHAT DO WE DO?
Our Company was incorporated in Singapore on 2 April 2015 under the
Companies Act as a private limited company, under the name of Eindec
Corporation Pte. Ltd.. Our Company was converted into a public limited
company and renamed Eindec Corporation Limited in connection therewith
on 10 December 2015. Our Company and our subsidiaries (the Group) are
a regional clean air environmental and technological solutions group engaged
in the following activities:

We design, manufacture and distribute a wide range of clean room


equipment such as fan filter units, air showers, clean benches, clean
booths, clean hand dryers, clean supply units and pass boxes. These clean
room equipment are used to create a clean room environment which is
essential in the manufacture and production processes of industries such
as the electronics, pharmaceutical and food processing industries. Most
of our clean room equipment are customised and tailored to cater to the
unique specifications of each of our customers.
(b) Design, manufacture and distribution of heating, ventilation and air
conditioning (HVAC) equipment
We also design, manufacture and distribute a wide range of HVAC
equipment such as grilles, diffusers, fire dampers and marine dampers.
These HVAC equipment consist of deflection grilles and air diffusers
installed in commercial and industrial buildings which serve to channel
and regulate airflow in the environment within a building to ensure
even air distribution. Our HVAC business also includes the design,
manufacture and distribution of fire dampers and marine dampers.
(c) Distribution and installation of cooling towers
Our business also includes the distribution and installation of cooling
towers which are an integral and essential feature of any water-chilled
centralised air conditioning system.
(d) Design, manufacture and distribution of environmental and
technological solutions products such as air purifiers
We have also ventured into the consumer air purifier market by
leveraging on our technological expertise in clean room equipment. In
particular, we completed the design and prototype of a new line of air
purifiers carrying the AJB logo for distribution to the consumer market
in the PRC. We plan to sell our AJB brand of air purifier products to
customers such as appointed local distributors, property developers
and corporations for installation in homes and offices for consumer
end users, as well as through e-commerce platforms. Once we have
established a presence in the consumer market, we also intend to expand
our air purifier product range for the commercial and industrial markets.
We have manufacturing facilities in Malaysia and Singapore, with our
Facility in Singapore serving as our corporate headquarters and research and
development centre. We distribute and supply our products to countries in the
Asia-Pacific and Middle East regions and have established offices in Malaysia,
Singapore and the PRC. We have been awarded the ISO 9002 certification
since 1996.

PRODUCT HIGHLIGHTS SHEET

(a) Design, manufacture and distribution of clean room equipment

Please refer to the sections


entitled Offer Document
Summary on pages [28]
to [31] and General
Information on Our Group
on pages [92] to [121] of
the Offer Document for
more information on our
background and business.

The structure of our Group as at the date of the Offer Document is as follows:
Eindec
Corporation
Limited
100.0%

Please refer to the section


entitled Group Structure
on pages [64] and [65] for
more information on our
group structure.

Eindec
Holdings

100.0%
Eindec
Malaysia

Eindec
Singapore

100.0%

100.0%
Eindec
Shanghai

Eindec
Shenzhen

Kyodo-Allied (Thailand) Co. Ltd. is in the process of being liquidated.


WHO ARE OUR DIRECTORS AND KEY EXECUTIVES?
Our Board of Directors comprise the following individuals:
(a) Zhang Wei (Non-Executive Chairman)
(b) Paul Chia (Executive Director and Chief Executive Officer)
(c) See Yen Tarn (Independent Director)
(d) Lawrence Wong (Independent Director)
(e) Jeffrey Ong (Independent Director)
Our Executive Officers are Andy Tan (Group Financial Controller), Eddie Tan
(Vice President (Operations and Clean Room Equipment Sales)) and Tang Sin
(Vice President (Country Manager, PRC)).

Please refer to the sections


entitled
Directors,
Management and Staff
Directors and Directors,
Management and Staff
Executive Officers on
pages [138] to [144] of the
Offer Document for more
information on our Directors
and Executive Officers.

WHO ARE OUR CONTROLLING SHAREHOLDERS?


Our Controlling Shareholder is Weiye, a company listed on the Main Board of
the SGX-ST. Prior to the Placement, Weiye holds 100.0% of our Companys
total issued share capital. Each of Zhang Wei and Chen Zhiyong are deemed
to have an interest in the Shares held by Weiye by virtue of their respective
shareholdings in Weiye by virtue of Section 7 of the Companies Act.
The respective shareholdings of each of Weiye, Zhang Wei and Chen Zhiyong
immediately before and after the Placement are set out below:
Before the Placement
Direct Interest

After the Placement

Deemed Interest

Number
of Shares

Number
of Shares

71,900,000 100.0

Direct Interest

Deemed Interest

Number
of Shares

Number
of Shares

[]

[]

[]

[]

[]

[]

Director
Zhang Wei(1)
Controlling
Shareholders
(other than
Directors)
Weiye

71,900,000 100.0

Chen Zhiyong

(2)

71,900,000 100.0

Notes:
(1) Zhang Wei is deemed to have an interest in the Shares held by Weiye by
virtue of his 46.4% shareholding in Weiye as at the Latest Practicable
Date by virtue of Section 7 of the Companies Act.
(2) Chen Zhiyong is deemed to have an interest in the Shares held by Weiye
by virtue of his 20.5% shareholding in Weiye as at the Latest Practicable
Date by virtue of Section 7 of the Companies Act.
3

Please refer to the section


entitled
Shareholders
Ownership Structure
on page [58] of the
Offer
Document
for
more information on our
Controlling Shareholder.

PRODUCT HIGHLIGHTS SHEET

100.0%

HOW WAS OUR HISTORICAL FINANCIAL PERFORMANCE AND WHAT IS OUR CURRENT
FINANCIAL POSITION?
Selected items from the combined statements of comprehensive income
of our Group(1)
Audited

Unaudited

FY2012

FY2013

FY2014

1H2014

1H2015

Revenue

17,895

14,375

14,270

6,618

6,600

Gross profit

6,859

5,573

4,959

2,528

2,303

Profit before
income tax

2,845

2,005

1,627

790

415

Profit for the year/


period

3,032

1,732

1,366

738

358

Pre-Placement
EPS (cents)(2)

4.22

2.41

1.90

1.03

0.50

Post-Placement
EPS (cents)(3)

[]

[]

[]

[]

[]

Selected items from the combined statements of financial position of our


Group(4)

(S$000)

Audited

Unaudited

As at
As at
As at
31 December 31 December 31 December
2012
2013
2014

As at
30 June
2015

Non-current assets

6,072

5,548

5,424

5,443

Current assets

10,938

10,938

11,067

12,442

Total assets

17,010

16,486

16,491

17,885

Non-current liabilities

1,211

992

703

609

Current liabilities

9,656

7,760

6,780

8,043

Total liabilities

10,867

8,752

7,483

8,652

Total equity

6,143

7,734

9,008

9,233

NAV

6,143

7,734

9,008

9,233

NAV per Share


(cents)(5)

8.54

10.76

12.53

12.84

Notes:
(1) Our combined statements of comprehensive income for the Period Under
Review have been prepared on the basis that our Group had been in
existence throughout the Period Under Review.
(2) For comparative purposes, pre-Placement EPS for the Period Under
Review has been computed based on the profit for the year/period and
our pre-Placement share capital of 71,900,000 Shares.
(3) For comparative purposes, post-Placement EPS for the Period Under
Review has been computed based on the profit for the year/period and
our post-Placement share capital of [] Shares.
(4) Our combined statements of financial position as at 31 December 2012,
31 December 2013, 31 December 2014 and 30 June 2015 have been
prepared on the basis that our Group had been in existence on these dates.
(5) The NAV per Share as at 31 December 2012, 31 December 2013,
31 December 2014 and 30 June 2015 have been computed based on our
pre-Placement share capital of 71,900,000 Shares.

PRODUCT HIGHLIGHTS SHEET

(S$000)

Please refer to the sections


entitled Offer Document
Summary Financial
Highlights on page [30],
Summary of Our Financial
Information on pages [66]
to [68] and Managements
Discussion and Analysis
of Results of Operations
and Financial Position on
pages [69] to [89] of the
Offer Document for more
information on our financial
performance and position.

Selected items from the combined statements of cash flows of our Group
The following table sets out a breakdown of our cash flows during the Period
Under Review:
Audited
S$000
Net cash generated from/
(used in) operating activities

Unaudited

FY2012 FY2013 FY2014 1H2014 1H2015


2,228

1,716

1,446

(204)

Net cash used in investing


activities

(12)

(132)

(1,545)

(4)

(731)

Net cash used in financing


activities

(1,621)

(1,744)

(1,664)

(1,672)

(55)

Net increase/(decrease) in
cash and cash equivalents

1,372

352

(1,493)

(230)

(990)

Cash and cash equivalents


at beginning of financial
period

2,879

4,255

4,605

4,605

3,095

Effect of exchange rate


fluctuations on cash held

(2)

(17)

(17)

16

4,255

4,605

3,095

4,358

2,121

Cash and cash equivalents


at end of financial period

The most significant factors contributing to our financial performance over


FY2014 as compared to FY2013 are as follows:
Our revenue decreased by approximately S$0.11 million or 0.7% from
approximately S$14.38 million in FY2013 to approximately S$14.27 million
in FY2014. This was mainly the result of a decrease in revenue from our HVAC
equipment segment of approximately S$0.35 million due to intense market
competition in Singapore, which was partially offset by an increase in revenue
from our clean room equipment segment of approximately S$0.21 million in
FY2014.
Our cost of sales increased by approximately S$0.51 million or 5.8% from
approximately S$8.80 million in FY2013 to approximately S$9.31 million
in FY2014. This increase was a result of higher direct materials costs for
a particular clean room project undertaken by Eindec Shanghai without a
corresponding increase in sales price due to intense market competition in the
PRC then; as well as inflationary increases in the costs of direct materials.
Our gross profit decreased by approximately S$0.61 million or 11.0% from
approximately S$5.57 million in FY2013 to approximately S$4.96 million in
FY2014. Our gross profit margins decreased from approximately 38.8% in
FY2013 to approximately 34.8% in FY2014. This decrease was mainly due to
strong competition experienced in both our clean room equipment and HVAC
equipment business segments during FY2014.

Other operating income decreased by approximately S$0.01 million or 15.6%


from approximately $0.09 million in FY2013 to approximately S$0.08 million
in FY2014. This decrease was mainly due to a reduction of S$0.03 million in
government grant income from FY2013 to FY2014.

Other operating expenses decreased by approximately S$0.17 million or 4.8%


from approximately S$3.52 million in FY2013 to approximately S$3.35 million
in FY2014. General and administration expenses decreased by approximately
S$0.17 million or 4.8% from approximately S$3.49 million in FY2013 to
approximately S$3.32 million in FY2014. This decrease was mainly due
to a decline of approximately S$0.06 million in professional fees and of
approximately S$0.04 million in entertainment expenses being incurred in
FY2014.

Our finance costs decreased by approximately S$0.08 million or 58.0% from


approximately S$0.14 million in FY2013 to approximately S$0.06 million in
FY2014. This decrease was mainly due to the repayment of term loans during
FY2013.
5

PRODUCT HIGHLIGHTS SHEET

3,005

As a result of the foregoing, our profit before income tax decreased by


approximately S$0.38 million or 18.9% from approximately S$2.01 million in
FY2013 to approximately S$1.63 million in FY2014.
The most significant factors contributing to our financial performance over 1H2015
as compared to 1H2014 are as follows:

Our cost of sales increased by approximately S$0.21 million or 5.1% from


approximately S$4.09 million in 1H2014 to approximately S$4.30 million in
1H2015. This increase was mainly due to an increase of approximately S$0.13
million and S$0.11 million being incurred on direct materials and direct labour
expenses, respectively, and as a result of different product sales mix between
1H2014 and 1H2015.
Our gross profit decreased by approximately S$0.23 million or 8.9% from
approximately S$2.53 million in 1H2014 to approximately S$2.30 million in
1H2015. Our gross profit margins decreased from approximately 38.2% in
1H2014 to approximately 34.9% in 1H2015. This decrease was mainly due to a
decrease in the gross profit margin of our HVAC segment, from approximately
36.0% in 1H2014 to approximately 31.5% in 1H2015 due to intense market
competition.

Other operating income increased by approximately S$0.02 million or 95.8%


from approximately S$0.02 million in 1H2014 to approximately S$0.05 million
in 1H2015. This increase was mainly due to gain on disposal of property, plant
and equipment and increased sale of scrap material.

Other operating expenses increased by approximately S$0.21 million or 12.1%


from approximately S$1.71 million in 1H2014 to approximately S$1.92 million
in 1H2015. This increase was mainly due to increases in statutory CPF
contribution, additional management staff, rental of premises, agent fees,
automobile expenses and carriage charges.

Our finance costs decreased by approximately S$0.03 million or 65.4% from


approximately S$0.05 million in 1H2014 to approximately S$0.02 million in
1H2015. This decrease was mainly due to a repayment of term loans during
1H2015.

As a result of the foregoing, our profit before income tax decreased by


approximately S$0.38 million or 47.5% from approximately S$0.79 million in
1H2014 to approximately S$0.42 million in 1H2015.
The above factors are not the only factors contributing to our financial
performance in FY2012, FY2013, FY2014 and 1H2015. Please refer to the
other factors set out in Managements Discussion and Analysis of Results of
Operations and Financial Position on pages [69] to [89] of the Offer Document.

PRODUCT HIGHLIGHTS SHEET

Our revenue decreased marginally by approximately S$0.02 million or 0.3%


from approximately S$6.62 million in 1H2014 to approximately S$6.60 million
in 1H2015. This was mainly due to a decrease in revenue of approximately
S$0.47 million from our clean room equipment segment due to intense market
competition experienced by Eindec Shanghai in 1H2015, which was partially
offset by an increase in revenue of approximately S$0.27 million and S$0.17
million from our HVAC equipment and other equipment segments, respectively,
largely due to an increase in sales of dampers and cooling towers.

INVESTMENT HIGHLIGHTS
WHAT ARE OUR BUSINESS STRATEGIES AND FUTURE PLANS?
Our business strategies and future plans to drive the future growth and
expansion of our business are as follows:

Investment in the research and development of new and existing


products: We intend to enhance our R&D efforts to develop new and
existing products, in particular, for fire and smoke dampers, fan filter
units and air purifiers. In this regard, we plan to invest in engineering
capabilities and R&D as well as employ more engineers to enhance our
capabilities. We may also appoint consultants to provide us with expert
knowledge and advice on development of such new products. We have
formed a task team to focus on product enhancement. We may also apply
for the registration of additional suitable trademarks and patents for our
products.
Establishment and enhancement of manufacturing capabilities: In
addition to expanding our current manufacturing capabilities in Singapore
and Malaysia, we intend to establish manufacturing capabilities in the
PRC, in particular, to manufacture our AJB air purifier products. To this
end, we have established a marketing and sales team in the PRC to focus
on the sales and marketing of our AJB air purifiers.

PRODUCT HIGHLIGHTS SHEET

Establishment of a new business for environmental and technological


solutions products in the PRC: We intend to widen our market reach
in the PRC for our AJB air purifier products. We have incorporated
Eindec Shenzhen and established an office in Shenzhen to undertake the
commercialisation of AJB air purifiers in the PRC. Our office in Shenzhen
also has development capabilities. Our marketing efforts are targeted at
increasing our inroads in the PRC. In addition, we intend to expand our
product range and features for the AJB air purifiers. We plan to sell our
AJB products to customers such as appointed local distributors, property
developers and corporations for installation in homes and offices for
consumer end-users, as well as through e-commerce platforms. Once we
have established a presence in the consumer market in the environmental
and technological solutions sector through our air purifiers, we intend
to expand our product range to other environmental and technological
solutions products such as water filters, as well as for the industrial
market by developing new products that will be focused on reducing
environmental pollutant output at the industrial source. Subject to any
applicable laws and regulations, we intend to tap on our application
programming interface to collect user data from our AJB air purifiers.
Through the collection of such user data and through the user smartphone
applications, we will be able to notify our customers when their product
components require replacement, thereby increasing our revenue through
sales of such components to these existing customers.

Please refer to the section


entitled Prospects, Business
Strategies and Future Plans
Business Strategies and
Future Plans on pages
[125] to [127] of the
Offer Document for more
information on our strategies
and future plans.

WHAT ARE THE KEY TRENDS, UNCERTANTIES, DEMANDS, COMMITMENTS OR EVENTS


WHICH ARE REASONABLY LIKELY TO HAVE A MATERIAL EFFECT ON US?
Based on the operations of our Group as at the Latest Practicable Date and
barring unforeseen circumstances, our Directors expect our profitability to be
affected in FY2015 for the following reasons:
revenue is anticipated to remain stable and in line with our historical
revenue;

operating expenses are anticipated to increase significantly in line with


our establishment and expansion of a new environmental and technological
solutions business in the PRC and expenses incurred in connection with
our listing on Catalist.
The above are not the only trends, uncertainties, demands, commitments
or events that could affect us. Please refer to the other factors set out in
the sections entitled Risk Factors on pages [33] to [49], Managements
Discussion and Analysis of Results of Operations and Financial Position
of Our Group on pages [69] to [89] and Prospects, Business Strategies
and Future Plans on pages [126] to [129] of the Offer Document.
WHAT ARE THE KEY RISKS WHICH HAD MATERIALLY AFFECTED OR
COULD MATERIALLY AFFECT US AND YOUR INVESTMENT IN OUR SECURITIES?
We consider the following to be the most important key risks which had
materially affected or could materially affect our business operations, financial
position and results, and your investment in our Shares:
We are dependent on the electronics and building industries: We
design and manufacture clean room equipment for the electronics industry,
and HVAC equipment mainly for the electronics and building industries.
Consequently, our revenue will be adversely affected should there be any
slowdown in the electronics and building industries and if we are not able
to successfully offer our products in other industries. Accordingly, we
are dependent on the growth of the electronics and building industries
in Singapore, and any change or slowdown in growth of these industries
in Singapore may have an adverse impact on our business, financial
condition, results of operations and prospects.
We may not be able to increase sales to our existing customers
and attract new customers: Our growth depends on our ability to
continue to expand our products offered to existing customers and attract
new customers. Our growth may be affected for a number of reasons,
including the possibility of a reduction in the demand for our products
due to economic recession, our customers being unable to differentiate
our products from those of our competitors or we are unable to effectively
communicate such distinctions, or if we are unable to expand our sales to
existing customers. A substantial amount of our past revenues was derived
from sales to existing customers. Our costs associated with generating
revenues from new customers are generally higher than costs associated
with increasing revenues from existing customers. Therefore, slowing
revenue growth or declining revenues from our existing customers, even
if offset by an increase in revenues from new customers, could reduce our
operating margins. Any failure for a prolonged period of time to continue
attracting new customers or to grow our revenues from existing customers
could have a material adverse effect on our business, financial condition,
results of operations and prospects.

Please refer to the section


entitled Risk Factors on
pages [33] to [49] of the
Offer Document for more
information on risk factors.

PRODUCT HIGHLIGHTS SHEET

cost of sales is anticipated to remain stable and in line with our historical
cost of sales; and

Please refer to the section


entitled Prospects, Business
Strategies and Future Plans
on pages [126] to [129] of
the Offer Document for
more information on our
business and financial
prospects.

We may face challenges and uncertainty in the commercialisation


of our new air purifier business: We have completed the design and
prototype of our own brand of air purifiers, namely the AJB brand, and
intend to launch our AJB air purifiers in the PRC and subsequently expand
the marketing of our AJB air purifiers to regional countries. However,
we may face challenges and uncertainty in the commercialisation of our
new air purifier business as such products may not enjoy commercial
acceptance or success, which would adversely affect our business, financial
condition, results of operations and prospects.

We are exposed to the credit risks of our customers: We may extend


credit terms to our customers ranging from 30 days to 60 days on a caseby-case basis depending on, amongst others, their creditworthiness and the
length of the customer relationship. We have also experienced write-offs
and doubtful debts. Our customers may be unable to meet their contractual
payment obligations to us, either in a timely manner or at all. In addition,
our customers may cancel their orders. The reasons for payment delays,
cancellations or defaults by our customers may include, amongst others,
insolvency, bankruptcy, or insufficient financing or working capital
due to late payments by their respective end customers. We may not be
able to enforce our contractual rights to receive payment through legal
proceedings. In the event that we are not able to collect payments from
our customers, our business, financial condition, results of operations and
prospects may be adversely affected.
The above are not the only risk factors that had a material effect or could
have a material effect on our business operations, financial position and
results, and your Shares. Refer to Risk Factors on pages [33] to [49] of
the Offer Document for a discussion on other risk factors and for more
information on the above risk factors. Prior to making a decision to invest
in our Shares, you should consider all the information contained in the
Offer Document.

PRODUCT HIGHLIGHTS SHEET

We may not be able to compete effectively against our competitors:


We operate in a competitive industry and we expect to face more intense
competition from existing competitors and new market entrants in the
future. Some of these competitors may have larger business operations and
greater financial resources than our Group. Competitive factors include
technical expertise, customer service, pricing and geographical presence.
To compete successfully, we need to continually develop innovative
solutions and adopt competitive pricing in order to attract buyers for our
products. There is no assurance that we will be able to remain competitive.
Should we be unable to compete successfully against our competitors, this
will have an adverse impact on our business, financial condition, results
of operations and prospects.

WHAT ARE THE RIGHTS ATTACHED TO THE SECURITIES OFFERED?


As at the date of the Offer Document, our issued and paid-up share capital
was S$9,300,001, comprising 71,900,000 shares.

HOW WILL THE PROCEEDS OF THE OFFER BE USED?


The estimated net proceeds to be raised by our Company from the issue of the
Placement Shares (after deducting estimated expenses incurred in relation to
the Placement of approximately S$[] million) is approximately S$[] million.
The allocation of each principal intended use of proceeds from the issue of
the Placement Shares and the estimated listing expenses is set out below:
Amount
(S$000)

As a percentage of
gross proceeds from
the Placement (%)

Establishment of a new
business for environmental and
technological solutions products
in the PRC

[]

[]

Investment in the research and


development of new and existing
products and establishment and
enhancement of manufacturing
capabilities

[]

[]

Working capital

[]

[]

[]

[]

[]

[]

Use of proceeds

Estimated listing expenses


Total

(1)

Note:
(1) [Of the total estimated listing expenses to be borne by our Company,
approximately S$[] million will be recognised in equity and the
balance of the estimated listing expenses will be recognised in profit
or loss.]

10

Please refer to the section


entitled Use of Proceeds
and Expenses of the
Placement on pages [50] to
[51] of the Offer Document
for more information on our
use of proceeds.

PRODUCT HIGHLIGHTS SHEET

We have only one (1) class of shares, and the Shares offered will have the
same rights as our other existing issued and paid-up shares, including voting
rights. Shareholders will be entitled to all rights attached to their Shares in
proportion to their shareholding, such as any cash dividends declared by our
Company and any distribution of assets upon liquidation of our Company.
There are no restrictions on the transferability of fully paid Shares, save as
required by law or the Catalist Rules.

Please refer to Appendix


D Description of Ordinary
Shares on pages [D-1] to
[D-8] of the Offer Document
for more information on
the Shares offered in the
Placement.

WILL WE BE PAYING DIVIDENDS AFTER THE OFFER?


Our Company has not distributed any dividends since its incorporation on 2
April 2015. None of our subsidiaries has declared or paid dividends for the
Period Under Review.
We currently do not have a formal dividend policy.

The declaration and payment of dividends will be determined at the sole


discretion of our Directors, subject to the approval of our Shareholders. There
can be no assurance that dividends will be paid in the future and the amount
of dividends declared and paid by us in the past should not be taken as an
indication of the dividends payable in the future.
Subject to our Articles of Association and in accordance with the Companies
Act, our Directors may also declare an interim dividend without the approval
of our Shareholders. In making their recommendations, our Directors will
consider, inter alia, our retained earnings and expected future earnings,
operations, cash flow, capital requirements and general financing condition,
as well as general business conditions and other factors which our Directors
may deem appropriate.
DEFINITIONS
Companies within our Group
Eindec
Eindec
Eindec
Eindec

Holdings
Malaysia
Shanghai
Shenzhen

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Eindec Singapore

General
1H
AJB

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Authority
Catalist
Companies Act

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:

Controlling Shareholder

Facilities

Eindec Holdings Pte. Ltd.


Eindec Technology (Malaysia) Sdn. Bhd.
Eindec (Shanghai) Co. Ltd. (())
Eindec (Shenzhen) Environmental Technology Co., Ltd. (()
)
Eindec Singapore Pte. Ltd.
The six (6)-month financial period ended 30 June
Aijiabao (), being the brand name under which our Companys
air purifiers are marketed
The Monetary Authority of Singapore
The sponsor-supervised listing platform of the SGX-ST
The Companies Act (Chapter 50) of Singapore, as amended, modified
or supplemented from time to time
As defined in the Catalist Rules: (a) a person who has an interest of
15.0% or more of the aggregate of the nominal amount of all the voting
shares in our Company (unless otherwise determined by the SGX-ST);
or (b) a person who in fact exercises control over our Company
Our design, fabrication and installation facilities, as set out in the section
entitled General Information on Our Group Design, Fabrication and
Installation Facilities of the Offer Document

11

PRODUCT HIGHLIGHTS SHEET

The form, frequency and amount of declaration and payment of future


dividends on our Shares that our Directors may recommend or declare in
respect of any particular financial year or period will be subject to (a) the
level of our cash and retained earnings; (b) our actual and projected financial
performance; (c) our projected levels of capital expenditure and expansion
plans; (d) our working capital requirements and general financing condition;
and (e) restrictions on payment of dividends imposed on us (if any), as well
as other factors deemed relevant by our Directors.

Please refer to the sections


entitled Dividend Policy
on page [54] and Risk
Factors Risks Relating
to Investment in Our
Shares We may not be
able to pay dividends in the
future on page [49] of the
Offer Document for more
information on our dividend
policy.

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ISO
Latest Practicable Date

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NAV
Performance Shares

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Period Under Review


Placement

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Placement Price
Placement Shares
PRC
Restructuring Exercise

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SGX-ST
Shares
Weiye

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Name used in the Offer


Document
Andy Tan
Eddie Tan
Jeffrey Ong
Lawrence Wong
Paul Chia

Financial year ended or ending 31 December, as the case may be


The independent directors of our Company as at the date of the Offer
Document, unless otherwise stated
International Organisation for Standardisation
30 November 2015, being the latest practicable date prior to the
lodgement of the Offer Document with the SGX-ST, acting as agent on
behalf of the Authority
Net asset value
The new Shares which may be allotted and issued from time to time
pursuant to the vesting of awards granted under the Eindec Performance
Share Plan 2015, the terms of which are set out in Appendix F of the
Offer Document
The period comprising FY2012, FY2013, FY2014 and 1H2015
The placement of the Placement Shares by the Issue Manager, Sponsor
and Placement Agent on behalf of our Company for subscription at
the Placement Price, subject to and on the terms and conditions of the
Offer Document
S$[] for each Placement Share
The [] new Shares which are the subject of the Placement
The Peoples Republic of China
The corporate restructuring exercise undertaken in connection with the
Placement, as described in the section entitled Restructuring Exercise
of the Offer Document
Singapore Exchange Securities Trading Limited
Ordinary shares in the capital of our Company
Weiye Holdings Limited
Name in National Registration Identity Card

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Tan Kian Kok (Chen Jianguo)


Eddie Tan Meng Seah
Ong Shen Chieh (Wang Shengjie)
Wong Chee Meng, Lawrence
Chia Wei Ho
CONTACT INFORMATION

WHO CAN YOU CONTACT IF YOU HAVE ENQUIRIES RELATING TO OUR OFFER?
HOW DO YOU CONTACT US?
The Issuer

Eindec Corporation Limited

Registered Office

8 Pandan Crescent, #01-06, Singapore 128464

Telephone No.

+65 6265 1311

Issue Manager, Sponsor and Placement Agent: UOB Kay Hian Private Limited
Address

8 Anthony Road
#01-01
Singapore 229957

Telephone No.

+65 6590 6881

12

PRODUCT HIGHLIGHTS SHEET

FY
Independent Directors