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Established in 1976, Kingsmen is a leading creator of experiences, with a global network of 18 offices and full service facilities serving global clients in Events & Exhibitions, Thematic & Attractions, Retail & Corporate Interiors, Research & Design, and Experiential Marketing.

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Benedict Soh
Chairman

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Extracted from Annual Report 2023

Dear Shareholders,

As we reflect on the past year, I am heartened by the hard work and dedication displayed by our team, and I extend my sincere appreciation to all stakeholders for their continued support. We remained steadfast in our commitment to excellence in innovation and process improvement, amidst the challenges that we encountered.

While our markets have shown signs of recovery, it is essential to acknowledge that the effects of recent global events have influenced market dynamics, subsequently impacting our operations and financials. This is particularly telling as bad debts of a few major clients have negatively impacted our bottom line, despite improvements in our top lines across all sectors.

As we chart our course forward, our focus remains on our strategic priorities and the opportunities in our markets. In a rapidly evolving market, staying ahead of the curve and remaining relevant to the market are imperative. We are dedicated to driving innovation, harnessing the potential of digital technologies such as generative AI and embracing sustainability as core tenets of our business strategy.

Our commitment to the development of our capabilities remains. We recognise the importance of nurturing talent, fostering a culture of continuous learning, and investing in our people to ensure our sustained success.

In our Intellectual Property ("IP") business sector, we are witnessing a resurgence in the attractions industry, particularly in key regions like the US, Europe and North Asia. Notably, we are eagerly anticipating the opening of multiple branded IP attractions, like Nerf Action Xperience and Planet PlaySkool, slated for launch in the US and/or China in 2024 and 2025. We remain steadfast in our commitment to acquiring and developing innovation branded IP concepts to meet the evolving preferences of consumers and lifestyle trends.

Furthermore, we are resolute in our commitment to minimising our environmental footprint and making a positive impact on the communities we serve. In 2023, we achieved a significant milestone with the attainment of the ISO 202121:2012 certification for sustainable event management, underscoring our dedication to environmental stewardship and responsible business practice.

In line with the Group's policy of distributing its profits to loyal shareholders, the Board of Directors has proposed a final dividend of 1.0 cent per ordinary share. As we embark on the next phase, I am filled with confidence and optimism for the future. Together, we will build upon our past successes, leveraging our collective strengths and expertise to achieve even greater heights.

Finally, I wish to part with a vote of thanks to all employees, stakeholders and shareholders for their cooperation and support.

BENEDICT SOH
Chairman

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Benedict Soh
Chairman

Benedict Soh is dedicated to honing the Group's leadership capabilities and human capital, in addition to his role in charting the Group's strategic direction and exploring new business opportunities. One of two founders of the Group, he has contributed significantly to its growth and has over 40 years of experience in the design & production of interiors, exhibits and marketing communications. Benedict has contributed his services to relevant Government agencies for various initiatives to improve Singapore's international standing in Tourism & Exhibition Services.

A strong proponent of education, Benedict is the Chairman of the MDIS School of Tourism & Hospitality Industrial Advisory Board and a member of its academic board. He is also a member of SHATEC's Academic & Examination Advisory Council. In 2014, US-based Exhibit Designers & Producers Association (EDPA) conferred the prestigious Hazel Hays Award in recognition of Benedict's outstanding contributions to the trade show industry, in addition to the Lifetime Achievement for Outstanding Contribution to Tourism accorded by the Singapore Tourism Board in 2012. Benedict holds a Master of Business Administration from the University of Hull, UK.

Simon Ong
Deputy Chairman

Simon Ong oversees the strategic planning and development of the Group as well as its creative and brand standards. He is one of the Group's two founders and has contributed significantly to its growth. He is actively serving the creative industry and is currently an advisor to the Society of Interior Designers Singapore and a member of Singapore Interior Design Accreditation Council. Simon served as Chairman of the design cluster in the Manpower, Skills & Training Council of WDA, President of the Interior Designers Association, an IDP member of the Design Singapore Council, and an advisory board member to the Design Business Chamber of Singapore and Singapore Furniture Industries Council (Design). On the international front, he served as a board member of SHOP!, a leading Association of Retail Environments in USA. In 2019, he was inducted into the Shop! Hall of Fame in recognition of his significant contributions to the industry.

An ardent advocate of education, Simon currently serves as a board director of Nanyang Academy of Fine Arts (NAFA). He served as a member of the Advisory Board to the School of Design & Environment at the National University of Singapore (NUS) and Temasek Polytechnic School of Design, and a member of Design Education Review Committee, Singapore (DERC). He was the former Chairman of the School Advisory Board of Cedar Girls Secondary School, and Vice-Chairman of the Potong Pasir CC Management Committee. He was awarded a Master in Design from the University of New South Wales, Australia, and a Master of Business Administration from the University of South Australia.

Andrew Cheng
Group Chief Executive Officer

Andrew Cheng oversees the Group's day-to-day management, as well as its corporate affairs, business development and strategic planning functions. He has more than 30 years of experience in marketing, sales management, consulting, business development and investor relations. Andrew has a Bachelor of Economics degree from the University of Tasmania, Australia.

Anthony Chong
Group Managing Director,
Exhibitions & Thematic

Anthony Chong drives the strategic management and day-to-day operations of the Group's Theme Parks, Museums, Exhibitions and Events businesses. He has more than 40 years of experience in marketing and the fulfilment of different disciplines that encompass world-class attractions, tradeshows, retail interiors and large-scale sporting & corporate events. Anthony holds a Master of Business Administration from Victoria University of Technology, Australia.

Alex Wee
Group Managing Director,
Retail & Corporate Interiors

Alex Wee has more than 30 years of experience in the fulfilment of retail & corporate interior fit-outs, custom fixture manufacturing, and general contracting. He is responsible for the strategic management and day-to-day operations of the Group's Retail & Corporate Interiors business. Alex has a Bachelor of Construction Management (Honours) from University of Newcastle, Australia, and a Master of Science in Marketing & Consumer Insight from Nanyang Technological University, Singapore.

Sebastian Tan
Independent Director

Sebastian Tan was appointed Independent Director of the Company in April 2013. In May 2000, he co-founded Boardroom Limited, a company listed on the Singapore Exchange (SGX-ST) and was delisted in August 2019. He was the Managing/Finance Director of Boardroom Limited from May 2000 to March 2013. Having retired from Boardroom Limited, he continues to be an Advisor. Prior to May 2000, he was with Ernst & Young Singapore and its affiliates since September 1973.

Sebastian is currently an Independent Non-Executive Chairman of Jumbo Group Limited and Vibrant Group Ltd and an Independent Director of Food Empire Holdings Limited, IPC Corporation Ltd, Ezra Holdings Limited and Wilton Resources Corporation Ltd. He is also a trustee of Kwan Im Thong Hood Cho Temple and a director of D S Lee Foundation and EtonHouse Community Fund Limited. He is a qualified financial professional from the Association of Chartered Certified Accountants (UK). He was awarded the Public Service Medal in 1996.

Cynthia Tan
Independent Director

Cynthia Tan was appointed Independent Director of the Company in November 2016. Prior to joining the board, she spent 16 years as the Executive Vice President, Head of Group Human Resources for OCBC Bank. In her earlier career, she headed the HR functions in LVMH/Duty-Free Group and Apple Computer Singapore. She was a former lecturer at Ngee Ann Polytechnic's School of Business & Accountancy before joining the private sector.

Cynthia is currently an Independent Director of Valuemax Group Limited. She leads the Asia Pacific CHRO council for The Conference Board. She also serves as a Board member of the YMCA Singapore and the Dyslexia Association of Singapore. She is also an adjunct faculty member of the Singapore Management University.

Cynthia is a trained Executive Coach from Columbia University, US and certified Diversity Practitioner from Cornell University, US. She obtained her Doctorate in Business Administration from the Hong Kong Polytechnic University, Master in Gerontology from the University of Southampton, UK, Master of Business Administration from the University of Hull, UK, and Diploma in Personnel Management from the University of Cardiff, UK.

Derek Loh
Independent Director

Derek Loh was appointed Independent Director of the Company in May 2021. He holds a Master of Arts (M.A.), Law (Honours) from the University of Cambridge, UK and practises law in Singapore as an Executive Director of TSMP Law Corporation, specialising in construction and engineering law. He is an Advocate and Solicitor of the Supreme Court.

Derek is currently an Independent Director of Adventus Holdings Limited and Vibrant Group Limited. He is a member of the Board of Governors of Saint Joseph's International (“SJI”) and also a trustee of the SJI Philanthropic Fund for the Lasallian Mission Ltd, a registered charity in Singapore.

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  • REGISTRAR
    Boardroom Corporate & Advisory Services Pte Ltd 50 Raffles Place, #32-01 Singapore Land Tower Singapore 048623

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Date Type Remarks
Notes
  • Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

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Historical EPS ($) a
NAV ($) b
Historical PE
Price / NAV b
Dividend ($) d
52 Weeks High
Dividend Yield (%) d
52 Weeks Low
Par Value ($)
 
Market Cap (M)
Issued & Paid-up Shares c
Notes
  • Based on latest Full Year results announcement, adjusted for the current number of shares.
  • Based on latest results announcement (Full Year, Half Year or Interim), adjusted for the current number of shares.
  • Rounded to the nearest thousand. Updated on
  • Dividend is based on latest Full Year results announcement, adjusted for current number of shares and excludes special dividend.

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Announce Date
[Date of
Effective
Change]
Buyer / Seller Name
[Type*]
S / W / U ** Bought/
(Sold)
('000)
Price($) After Trade Note
No. of Shares ('000) *** % Held
***
No Insider Trades Available.
* DIR - Director (include Directors of related companies)
SSH - Substantial Shareholder
COY - Company Share Buyback
TMRP - Trustee-Manager/Responsible Person
** S - Shares
W - Warrants
U - Units
R - Rights
*** Direct & Deemed Interests

Notes:

  1. Only trades by directors, substantial shareholders and company share buy back are included in Insider Trades.

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AGM

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TWENTY-FIRST ANNUAL GENERAL MEETING

The Twenty-First Annual General Meeting (“AGM”) of Kingsmen Creatives Ltd. (the “Company”) will be held at 22 Changi Business Park Central 2, The Kingsmen Experience, Singapore 486032 on Tuesday, 30 April 2024 at 10.00 a.m..

Documents relating to the business of the AGM, which comprise the Annual Report of the Company for the financial year ended 31 December 2023 (“Annual Report”), the Notice of AGM and the accompanying Proxy Form for the AGM (“Proxy Form”) are provided below.

Printed copies of the Notice of AGM and Proxy Form will be mailed to shareholders of the Company (“Shareholders”).

Shareholders may request a printed copy of the Annual Report by submitting the request to the Company via email at agm@kingsmen-int.com. For the request to be valid for processing, the Shareholder must specify “Request for Printed Copy of Annual Report 2023” as the subject of the email, and for verification and mailing purposes, state his/her/its full name (as per The Central Depository (Pte) Limited records), identification number, contact number and mailing address.



Adidas, Singapore


Grob Hogen, ITMA Asia, Singapore

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