Homepage
PR Newswire
14-09-2024, 02:49 PM
(This post was last modified: 14-09-2024, 02:50 PM by dreamybear.)
The original BT article has a paywall, so I am attaching another forum's post to facilitate discussion.
I don't quite get the point about young mgmt team and the longevity aspect - mgmt personnel also can quit the company. Wldn't it also depend on whether the members of the young mgmt team has substantial stake in the business and are unlikely to sell the stake for a long time ?
https://www.businesstimes.com.sg/compani...edical-bet (Paywall)
https://www.sharejunction.com/sharejunct...%20Fu%20YU
"The company has a young management team, in contrast to its founder-led industry peers that are likely to undergo leadership changes. Customers take comfort in knowing that the people they speak to now will be around for the next 15, 20, 30 years, said Seow."
--------------
It is encouraging that the company is engaging with its shareholders. I think it wld have been even better with some photos.
https://links.sgx.com/FileOpen/Press%20R...eID=817914
"SGX Main Board Fu Yu Corporation Limited (“Fu Yu” or the “Group”) hosted a first-ever shareholders’ and media tour of its advanced Smart Factory in Singapore, a state-of-art facility which is the centre-piece of its strategic shift to move up the value chain for high-precision plastics manufacturing targeted at the biomedical sector. "
I don't quite get the point about young mgmt team and the longevity aspect - mgmt personnel also can quit the company. Wldn't it also depend on whether the members of the young mgmt team has substantial stake in the business and are unlikely to sell the stake for a long time ?
https://www.businesstimes.com.sg/compani...edical-bet (Paywall)
https://www.sharejunction.com/sharejunct...%20Fu%20YU
"The company has a young management team, in contrast to its founder-led industry peers that are likely to undergo leadership changes. Customers take comfort in knowing that the people they speak to now will be around for the next 15, 20, 30 years, said Seow."
--------------
It is encouraging that the company is engaging with its shareholders. I think it wld have been even better with some photos.
https://links.sgx.com/FileOpen/Press%20R...eID=817914
"SGX Main Board Fu Yu Corporation Limited (“Fu Yu” or the “Group”) hosted a first-ever shareholders’ and media tour of its advanced Smart Factory in Singapore, a state-of-art facility which is the centre-piece of its strategic shift to move up the value chain for high-precision plastics manufacturing targeted at the biomedical sector. "
