Chasen
About Chasen Holdings Limited
Chasen Holdings Limited is an SGX Mainboard-listed integrated logistics and engineering group headquartered in Singapore. Its businesses are organised around Specialist Relocation Solutions, Third Party Logistics and Technical & Engineering Services, giving the Group a role across machinery relocation, packing and crating, warehousing, freight forwarding, cross-border trucking, facility support and engineering services.
Chasen serves manufacturing and industrial customers across Singapore, Malaysia, China, Vietnam, Timor-Leste, Thailand and the United States. Its end-market exposure includes wafer fabrication, semiconductor and electronics, solar panel assembly, telecommunications, marine, ordnance and construction sectors.
Recent Developments
- 20 Mar 2026 Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Change in Interests of Substantial Shareholder - Yap Beng Geok Dorothy
- 20 Mar 2026 Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Change in Interests of Substantial Shareholder - Wa Kok Liang
- 20 Mar 2026 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Interests of the Executive Director - Siah Boon Hock
- 20 Mar 2026 Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Change in Interests of Substantial Shareholder - Low Weng Fatt
- 20 Mar 2026 Asset Acquisitions and Disposals::Notice of Use of Treasury Shares and Completion of the Proposed Acquisition
Investment Merits
- Specialist relocation is a differentiated niche where handling capability, project execution, safety standards and long customer relationships matter when moving sophisticated machinery and equipment.
- Three complementary service lines allow Chasen to support customers through plant moves, OEM-standard packing, warehousing, transport, engineering works and facility support.
- Regional presence and diversified industrial exposure reduce reliance on a single geography or customer segment, while latest financial data shows FY2025 revenue growth and a return to profitability.
| Price | Market Cap (SGDm) | Enterprise Value (SGDm) |
|---|---|---|
| SGD 0.1480 | 50.55 | 128.79 |
Key Financial Highlights
| Key Highlights | TTM (SGD) |
|---|---|
| Revenue | 107.11M |
| Net Income Available to Common | 7.72M |
| Profit Margin | 7.21% |
| Return on Assets | -0.67% |
| Return on Equity | -0.70% |
| Price/Sales (ttm) | 0.47 |
| Price/Book (mrq) | 0.61 |
| Enterprise Value/Revenue | 1.20 |
| Enterprise Value/EBITDA | 14.88 |
| Total Cash (mrq) | 17.33M |
| Total Debt/Equity (mrq) | 117.00% |
| Free Cash Flow (ttm) | -32.90M |
