Company

Far East Group Ltd

Headquarters: Singapore, Singapore

Employees: 400

CEO: Mr. Mun Yew Loh

SGX: 5TJ

Market Cap

S$8.7 Million

SGD as of Jan. 1, 2024

US$6.6 Million

Market Cap History

Far East Group Ltd market capitalization over time

Evolution of Far East Group Ltd market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Far East Group Ltd

Detailed Description

Far East Group Limited distributes refrigeration and air-conditioning systems and products for the heating, ventilation, air-conditioning, and refrigeration industry in Singapore, Malaysia, Indonesia, Hong Kong, Macau, the People's Republic of China, Vietnam, Myanmar, Cambodia, and internationally. It operates through three segments: Residential and Commercial (Air-Conditioning); Commercial and Light Industrial (Refrigeration); and Oil, Marine, and Gas (Refrigeration and Air-Conditioning). The Residential and Commercial (Air-Conditioning) segment sells and distributes air-conditioning materials comprising copper pipes and tubes, class O and class 1 closed cell insulation pipes and sheets, PVC trunkings, electrical wires, and refrigerants. The Commercial and Light Industrial (Refrigeration) segment sells refrigeration component parts, including compressors, condensers, condensing units, multiple compressor racks units, electronic controls, energy management solutions, service equipment, and tools; and thermal heat exchangers, such as evaporators, condensers, and custom coils. The Oil, Marine and Gas (Refrigeration and Air-Conditioning) segment sells and distributes air-conditioning and refrigeration systems for the oil, marine, and gas industry. Its products include heat exchangers and packaged condensing units installed in onboard ships, vessels, and oil rigs that are primarily used to preserve food and other perishables, as well as to provide air-conditioning for the living and working spaces of the vessel's crew. It also provides repair and maintenance services for refrigeration and air-conditioning compressors; plumbing, heating, and air-conditioning engineering solutions; and engineering, installation, consultancy, and after-sales support services. It serves distributors, dealers, and refrigeration and air-conditioning contractors. The company was founded in 1953 and is headquartered in Singapore. Far East Group Limited is a subsidiary of Universal Pte. Ltd.

Top 1-year algo backtest: +269.94%

$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

Far East Group Ltd has the following listings and related stock indices.


Stock: SGX: 5TJ wb_incandescent

Details

Headquarters:

51 Ubi Avenue 3

Singapore, 408858

Singapore

Phone: 65 6293 9733

Fax: 65 6296 5326