MC - $2m
SP - 2.6c
Cash - $10m
Steven Pynt, Non-Eexcutive Chairman
Chak Chew Tan, Managing Director
Jennifer Lim, Executive Director
Andrew Phillips, Independent Director
Jwee Phuan Ng, Non-Executive Director (appointed 17 February 2011)
The principal activities of the Richfield Group during the financial year were the provision of port and shipping
services for ocean-going vessels engage in the liner and tramper trade, spot marine container sale and
purchase, and an operator of containerisation in liner shipping services.
The transport industry is something I am not that familiar with, but this company has cash reserves 5 times its market cap.
Could someone shed some light on this one?