Key Strengths
We have the following key competitive strengths which differentiate us from our competitors:
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We are one of the largest independent tanneries of crocodilian leather in the world |
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We have an entrenched position within the global supply chain of crocodilian skins and leather trade |
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Our assurance of product quality is well recognised throughout our long operating history |
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We are operating in Singapore which has an efficient trade infrastructure and observes strict adherence to CITES regulations |
Prospects
Our prospects are driven by global spending on luxury goods by high-end consumers, which we believe is more resilient to adverse effects of global economic slowdowns in any part of the world.
More specifically, we believe that spending on luxury goods will continue to be driven by increasing demand for branded goods from consumers in Russia, the PRC and the Middle East, due to the rising affluence in those countries.
Strategies and future plans
Our strategy is to maintain our competitive strengths and to build a leading position in the international crocodilian skins and leather trade by pursuing the following business strategies and future plans:
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Strengthening our sourcing capabilities with a larger capital base |
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Expanding our tanning capacity over the longer term |
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Expansion through acquisitions, joint ventures and strategic alliances |
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