December 29, 2014 10:58 AM ET

Specialty Retail

Company Overview of Eurosports Global Limited

Company Overview

EuroSports Global Limited, an investment holding company, distributes and retails imported automobiles. The company retails new ultra-luxury and luxury automobiles brands, as well as pre-owned automobiles brands, such as Lamborghini, Pagani, Alfa Romeo, and Touring Superlegerra. It also provides maintenance and repair services, as well as breakdown assistance services; and sells automobile parts and accessories. In addition, the company has distributorship rights for the deLaCour brand of watches for Singapore, Malaysia, Indonesia, Thailand, and Brunei. EuroSports Global Limited was founded in 1998 and is based in Singapore.

30 Teban Gardens Crescent

Singapore,  608927

Singapore

Founded in 1998

58 Employees

Phone:

65 6565 5995

Fax:

65 6567 5515

Key Executives for Eurosports Global Limited

Executive Chairman and Chief Executive Officer
Total Annual Compensation: $458.0K
Deputy Chief Executive Officer and Executive Director
Total Annual Compensation: $364.0K
Compensation as of Fiscal Year 2014.

Eurosports Global Limited Key Developments

EuroSports Global Limited Reports Earnings Results for the Six Months Ended September 30, 2014

EuroSports Global Limited reported earnings results for the six months ended September 30, 2014. For the period, the company reported net loss attributable to owners of the company of SGD 3.13 million, or a loss of 1.18 cents per share, compared to a net profit attributable to owners of the company of SGD 1.88 million, or 0.84 cents per share, for the same period ended September 30, 2013. Revenue for the six months ended September 30, 2014 was SGD 15.8 million, compared to SGD 26.87 million for the same period ended September 30, 2013. Loss before tax for the six months ended September 30, 2014 was SGD 3.15 million, compared to a profit before tax of SGD 2.11 million for the same period ended September 30, 2013.

Eurosports Global Limited Provides Earnings Guidance for the Half Year Ended September 30, 2014

EuroSports Global Limited provided earnings guidance for the half year ended September 30, 2014. For the period, the group is expected to report a loss mainly due to a decrease in the sales of automobiles as compared to the corresponding period last year.

Eurosports Global Limited Announces the Incorporation of Subsidiary

The board of directors of EuroSports Global Limited announced that it has incorporated a wholly-owned subsidiary in Singapore. The name of the subsidiary was EA Auto Pte. Ltd. The issued and paid-up share capital of subsidiary was SGD 2.00 comprising 2 ordinary shares. The principal activity of the subsidiary was tading of sports and luxury automobiles and the provision of maintenance and grooming services for luxury automobiles. The Date of incorporation was August 7, 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 20, 2014
60% Stake in Autoinc Sports Pte. Ltd. and Autoinc Lifestyle Pte. Ltd. and Birel Singapore Pte. Ltd
 

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