Do not conform to the pattern of this world but be transformed by the renewing of your mind. Then you will be able to test and approve what God’s will is—his good, pleasing, and perfect will.
Romans 12:2-4 NIV
Southern Alliance Mining

Southern Alliance Mining Ltd. is a leading iron ore producer and exporter based in Malaysia, primarily in Pahang state. Incorporated in 2019, the Company has a strong emphasis on sustainable mining practices and is committed to the responsible extraction of natural resources. Southern Alliance specializes in the exploration, mining, production, and sale of high-grade iron ore pellets which are vital components in the steel-making process.
The Group’s operations utilize advanced technology and infrastructure to ensure efficient and environmentally friendly mining activities. With a keen focus on enhancing resource efficiency and minimizing environmental impact, Southern Alliance Mining is dedicated to supporting the global demand for iron ore while adhering to the highest standards of environmental conservation.
For more information, please visit their website at https://southernalliancemining.com/.
Recent Developments
- 19 Dec 2024 General Announcement::Minutes of Annual General Meeting held on 28 November 2024
- 12 Dec 2024 General Announcement::DISCLOSURE PURSUANT TO RULES 705(6) AND 705(7)
- 03 Dec 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 29 Nov 2024 General Announcement::CHANGES TO THE COMPOSITION OF THE BOARD OF DIRECTORS AND RECONSTITUTION OF THE BOARD COMMITTEES
- 28 Nov 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 28 Nov 2024 REPL::Annual General Meeting::Voluntary
- 22 Nov 2024 General Announcement::RESPONSES TO SIAS QUESTIONS ON SOUTHERN ALLIANCE MINING LTD'S FY2024 ANNUAL REPORT
- 19 Nov 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 18 Nov 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 13 Nov 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 12 Nov 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 11 Nov 2024 Annual Reports and Related Documents::
- 11 Nov 2024 Annual General Meeting::Voluntary
- 07 Nov 2024 Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::CHANGE IN INTEREST OF DIRECTOR - DATO' SRI PEK KOK SAM
- 25 Oct 2024 Change - Announcement of Cessation::Retirement of Lead Independent Director
- 27 Sep 2024 Financial Statements and Related Announcement::Full Yearly Results
- 27 Sep 2024 General Announcement::SUMMARY INDEPENDENT QUALIFIED PERSON'S REPORT
- 31 Jul 2024 General Announcement::EXTENSION OF EXCLUSIVITY PERIOD & EXPIRY DATE UNDER THE NON-BINDING MOU OF THE PROPOSED ACQUISITION
- 12 Jul 2024 General Announcement::Change of Company Secretary
- 07 Jun 2024 General Announcement::UPDATE ON THE USE OF PROCEEDS FROM THE IPO AND DISCLOSURE PURSUANT TO RULES 705(6) AND 705(7)
Investment Merits
- High-Quality Iron Ore: Produces premium iron ore with high iron content and low impurities.
- Strategic Location: Mines located in Malaysia, providing logistical advantages for export.
- Strong Financials: Consistent revenue growth and profitability.
- Growing Demand: Increasing demand for steel supports iron ore market.
- Experienced Management: Led by a seasoned team with extensive mining experience.
- Cost Efficiency: Competitive production costs enhancing profit margins.
- Environmental Compliance: Adheres to strict environmental regulations.
- Expansion Potential: Ongoing exploration and potential for new mineral discoveries.
- Dividend Payouts: Regular dividend payments indicating strong cash flow.
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Stock Information
(as of 02 September 2024)
Price | Market Cap (SGDm) | Enterprise Value (SGDm) |
---|---|---|
SGD 0.3850 | 195.50 | 153.81 |
Key Financial Highlights
Key Highlights | TTM (SGD) |
---|---|
Revenue | 164.11M |
Net Income Available to Common | -2.01M |
Profit Margin | -1.22% |
Return on Assets | -1.59% |
Return on Equity | -0.58% |
Price/Sales (ttm) | 3.97 |
Price/Book (mrq) | 1.89 |
Enterprise Value/Revenue | 3.13 |
Enterprise Value/EBITDA | 20.53 |
Total Cash (mrq) | 151.27M |
Total Debt/Equity (mrq) | 3.33% |
Levered Free Cash Flow (ttm) | -14.99M |