Envictus International booked S$4.3 million of net institutional inflow, which represented 4.1 per cent of its S$105 million market capitalisation as at Aug 7. 

 

The stock has a 29 per cent return on equity and price-to-earnings (P/E) ratio of 7x. The established food and beverage group listed on Catalist in 2004, and upgraded to the mainboard in 2009.

 

As reported on May 9, Envictus International recorded a net profit of RM16.1 million (S$4.87 million) for its H1 FY2025 (ended Mar 31), driven by 17.7 per cent revenue growth to RM369.8 million. 

 

This was led by strong gains in its food services division, particularly from Texas Chicken. Gross profit margin improved to 44.7 per cent, supported by broad-based sales growth, operational efficiency and market expansion across all divisions.

 

On Jul 29, Venice Concepts entered into a sale and purchase agreement with JAG Capital Holdings to acquire 85,170,779 ordinary shares in Envictus International Holdings. 

 

This represented 28 per cent of the outstanding shares of the company. Venice Concepts is a wholly owned subsidiary of Paramount Corporation, listed on Bursa Malaysia. 

 

The acquisition supports Paramount Corporation&rsquo s strategy to expand its footprint in the F& B sector.

Envictus International Holdings has reported earnings of RM50.6 million ($15.3 million) for the FY2024 ended September, reversing from a loss of RM32.9 million in the same period last year. 

 

Earnings per share stood at 16.62 sen, as compared to a loss per share of 11.11 sen in FY2023. 

 

Meanwhile, the group&rsquo s revenue saw a 21.3% y-o-y increase to RM686.8 million in FY2024, mainly attributed to increased contributions from the group&rsquo s food services and dairies division. 

 

Correspondingly, the group&rsquo s gross profit rose by 39.1% y-o-y to RM306.2 million for FY2024, while gross profit margin increased to 44.6%. This came on the back of the group&rsquo s food services division, which experienced lower food costs and higher selling price, while the dairies division experienced lower raw material costs and increased production output.  

 

For the period, other operating income rose by RM22.6 million to RM28.5, due to a one-time gain on disposal of assets. 

 

As at Sept 30, Envictus&rsquo cash and cash equivalents stood at RM36 million, while shareholders&rsquo equity was RM197.7 million. 

 

Dato&rsquo Jaya Tan, Envictus&rsquo group chairman, says: &ldquo Our focus on internal optimisation initiatives has improved efficiency and performance, enabling us to better capitalise on opportunities for growth. This commitment will remain central to our strategy as we continue to expand our business prudently across all divisions, while upholding operational excellence.&rdquo  

 

He adds: &ldquo With the Dairies Division sustaining its growth momentum following the market penetration into major hypermarket chains, we are focused on strengthening brand awareness and exploring strategic partnership to drive growth. Looking ahead, we remain committed to sustaining this positive trajectory by exercising financial prudence and proactive cash management. Our focus on optimisation efforts will drive sustainable business growth and deliver value to our shareholders.&rdquo

 

On Sep 28, Envictus International : BQD -1.96% executive chairman Jaya J B Tan acquired five million shares from non-executive director Mah Weng Choong. With a consideration of S$1.15 million, the married deal was transacted at S$0.23 per share. This increased his total interest from 22.58 per cent to 24.23 per cent. Mah reduced his direct interest in Envictus from 4.97 per cent to 3.33 per cent.

 

Tan has been on the board of Envictus since December 2003. He was re-designated from non-executive chairman to executive chairman on Nov 3, 2020. He is overall in charge of the group&rsquo s corporate and operational functions, identifying, charting, and implementing sustainable business strategies in new growth areas of the group&rsquo s businesses. The principal activities of the Malaysia-focused group are the operating of fast-food restaurant and specialty coffee chains wholesale of foodstuff and frozen food manufacturing of butchery products and manufacturing and distribution of condensed and evaporated milk.

Between Mar 10 and Mar 15, Envictus International Holdings : BQD 0% non-executive director and vice-chairman Sam Goi Seng Hui increased his total interest in the company from 21.33 per cent to 21.43 per cent.

 

He acquired 305,400 shares for a consideration of S$46,077 at an average price of S$0.151 per share.

 

Goi was first appointed to his current board role in January 2013. He is the executive chairman of Tee Yih Jia Group, and SGX Mainboard-listed GSH Corporation : BDX 0%, Hanwell Holdings and Tat Seng Packaging Group : T12 0%.

 

The self-made entrepreneur has diverse business interests in Singapore, China, Malaysia, the United States, and other parts of the world

 

Envictus International Holdings is a food and beverage group with a portfolio of businesses and brands operating under its key business divisions.

 

For its FY22 (ended Sep 30), the group&rsquo s overall revenue rose significantly by RM 133.5 million (S$39.9 million), or 34.9 per cent, to RM 515.6 million, with growth mainly driven by an improved performance from all four of its business divisions &ndash food services, trading and frozen food, food processing and dairies division &ndash enabled by the reopening of the Malaysia economy.

 

On Sep 15, Envictus International Holdings : BQD 0% vice-chairman and non-executive director Sam Goi Seng Hui increased his total interest in the company from 25.90 per cent to 25.96 per cent. He acquired 148,900 shares for a consideration of S$20,846 at 14.0 cents per share. The executive chairman of Tee Yih Jia Group, GSH Corporation : BDX 0% and Hanwell Holdings, joined the board of Envictus International Holdings as vice-chairman and non-executive director on Jan 9, 2013. Founded in 1997, the group started as a manufacturer and distributor of sweetened condensed milk and evaporated milk, and in the years following its listing, has evolved into a diversified F& B player following several acquisitions.

 

Between Aug 27 and 28, Envictus International Holdings non-executive director and vice-chairman Sam Goi Seng Hui increased his total interest in the listed company from 25.06 per cent to 25.18 per cent.

 

Mr Goi acquired 296,000 shares for a consideration of S$29,008 at 9.80 cents per share.

 

This followed his past acquisitions of 389,300 shares on Aug 11, and 833,000 shares between July 9 and July 14, with those acquisitions, also booked at 9.80 cents per share.

 

Mr Goi also serves on the board of three other Mainboard-listed companies as vice-chairman of Super Group, vice-chairman of JB Foods, and director of Tung Lok Restaurants (2000).