It is all about the concrete that goes into the buildings we live, work and play in today!

Founded in 1958, our guest Pan-United Corporation is a Singapore-grown and publicly listed concrete innovation company that aims to catalyse change and promote sustainability in the ready-mix concrete and logistics space. 

The company is one the largest producers of concrete here in Asia. The firm has a catalogue of over 300 specialised concrete solutions and serves a wide variety of industries such as aviation, underground, transport and more.

In particular, its range of over 150 low-carbon concrete products were used in iconic buildings and urban structures such as Jewel at Changi Airport, the Helix Bridge, Gardens by the Bay and even residential homes like the Pinnacles@Duxton and Reflections at Keppel Bay. 

Its concrete solutions also moulded infrastructure such as the Tuas Mega Port, our MRT Lines – the Circle Line, Downtown Line and Thomson East Coast Line – as well as highways. 

Why are we talking about Pan-United Corporation you might ask. Well, the firm had in February reported a net profit of S$20.4 million for the second half of its 2023 financial year ended December, up 107 per cent from the year ago period. 

The performance came amid higher revenue, driven by the firm’s concrete and cement business. But how does the firm assess its latest performance and what will be its key drivers of growth?

Meanwhile, Pan-United Corporation also plans to transform its business model to become a solutions provider and sell its intellectual property in sustainable concrete – so what can we look forward to on this front? 

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to May Ng, CEO, Pan-United Corporation.

It is all about the concrete that goes into the buildings we live, work and play in today!
Founded in 1958, our guest Pan-United Corporation is a Singapore-grown and publicly listed concrete innovation company that aims to catalyse change and promote sustainability in the ready-mix concrete and logistics space. 
The company is one the largest producers of concrete here in Asia. The firm has a catalogue of over 300 specialised concrete solutions and serves a wide variety of industries such as aviation, underground, transport and more.
In particular, its range of over 150 low-carbon concrete products were used in iconic buildings and urban structures such as Jewel at Changi Airport, the Helix Bridge, Gardens by the Bay and even residential homes like the Pinnacles@Duxton and Reflections at Keppel Bay. 
Its concrete solutions also moulded infrastructure such as the Tuas Mega Port, our MRT Lines – the Circle Line, Downtown Line and Thomson East Coast Line – as well as highways. 
Why are we talking about Pan-United Corporation you might ask. Well, the firm had in February reported a net profit of S$20.4 million for the second half of its 2023 financial year ended December, up 107 per cent from the year ago period. 
The performance came amid higher revenue, driven by the firm’s concrete and cement business. But how does the firm assess its latest performance and what will be its key drivers of growth?
Meanwhile, Pan-United Corporation also plans to transform its business model to become a solutions provider and sell its intellectual property in sustainable concrete – so what can we look forward to on this front? 
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to May Ng, CEO, Pan-United Corporation.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

Under The Radar

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Under the Radar: CEO of ready-mix concrete innovation firm Pan-United Corporation on concrete demand for 2024 and the firm’s move to transform into a IP provider amid rising costs

What comes to mind when you hear Top Gun and Tom Cruise? What about aviator shades and Ray-Ban?

Whether you’re flying, driving or even walking to your next meeting, we aim to entice you to put on your sunny shades as you turn into this conversation as we speak to the parent company of Ray-Ban, EssilorLuxottica. 

Speaking of EssilorLuxottica, the company was formed in 2018 by the combination of Italian frame manufacturer and luxury eyewear specialist Luxottica, as well as French optical lens producer Essilor in a deal worth 46 billion euros. 

Fast forward to the present, EssilorLuxottica prides itself as a global leader in design, manufacture and distribution of lenses, frames and sunglasses, with over two centuries of experience behind the company. Its eyewear brands include Ray-Ban, Oakley, Costa, Vogue Eyewear and more. 

EssilorLuxottica is an interesting company to look at for a number of reasons. Perhaps the most important reason is its long term partnership with Meta to develop smart eyewear technologies. 

To this end, EssilorLuxottica had in April 2024 launched its second generation smart glasses with Meta, where users can engage in video calls with WhatApp and Messenger to share their views with others in real time. EssilorLuxottica also confirmed Meta’s interest to buy a stake in the company in July. But what are the opportunities when it comes down to wearable technology?

Meanwhile, EssilorLuxottica agreed to purchase Supreme for US$1.5 billion to move into the streetwear segment. It also bought a 5 per cent stake in camera maker Nikon Corporation – but where do these developments fit in the bigger picture for the eyewear maker?

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Alessio Smiderle, Chief Financial Officer (CFO), APAC & Greater China, EssilorLuxottica.

What comes to mind when you hear Top Gun and Tom Cruise? What about aviator shades and Ray-Ban?
Whether you&rsquo;re flying, driving or even walking to your next meeting, we aim to entice you to put on your sunny shades as you turn into this conversation as we speak to the parent company of Ray-Ban, EssilorLuxottica.&nbsp;
Speaking of EssilorLuxottica, the company was formed in 2018 by the combination of Italian frame manufacturer and luxury eyewear specialist Luxottica, as well as French optical lens producer Essilor in a deal worth 46 billion euros.&nbsp;
Fast forward to the present, EssilorLuxottica prides itself as a global leader in design, manufacture and distribution of lenses, frames and sunglasses, with over two centuries of experience behind the company. Its eyewear brands include Ray-Ban, Oakley, Costa, Vogue Eyewear and more.&nbsp;
EssilorLuxottica is an interesting company to look at for a number of reasons. Perhaps the most important reason is its long term partnership with Meta to develop smart eyewear technologies.&nbsp;
To this end, EssilorLuxottica had in April 2024 launched its second generation smart glasses with Meta, where users can engage in video calls with WhatApp and Messenger to share their views with others in real time. EssilorLuxottica also confirmed Meta&rsquo;s interest to buy a stake in the company in July. But what are the opportunities when it comes down to wearable technology?
Meanwhile, EssilorLuxottica agreed to purchase Supreme for US$1.5 billion to move into the streetwear segment. It also bought a 5 per cent stake in camera maker Nikon Corporation &ndash; but where do these developments fit in the bigger picture for the eyewear maker?
On Under the Radar, Money Matters&rsquo; finance presenter Chua Tian Tian posed these questions to Alessio Smiderle, Chief Financial Officer (CFO), APAC &amp; Greater China, EssilorLuxottica.

Under the Radar: Making sense of Ray-Ban maker Essilor Luxottica’s focus on wearable technology with Meta, its acquisition of Supreme and more

Supporting the electric vehicle charging infrastructure in Singapore and beyond – that’s the agenda of our conversation as we speak to our guest CDG ENGIE. 

Founded in 2021, CDG Engie, also known as ComfortDelGro ENGIE, is a joint venture between ComfortDelGro Engineering and ENGIE South East Asia, the regional subsidiary of French multinational utility company ENGIE Group. 

The JV focuses on providing end to end solutions for customers in their transition towards sustainable and greener energy. So far, the company prides itself as a leading EV charging operator in Singapore with a network of over 2,700 charge points across Singapore, Malaysia and Thailand. 

But why are we speaking to CDG ENGIE you might ask? Well, the firm is on the charm offensive to expand its network right now, having been awarded the first public EV charger deployment contract to deploy mainly fast EV charging points across 20 sites at primarily HDB commercial complexes in June 2024. 

The firm also recently celebrated its third anniversary in October and operationalised its 1000th charge point located in Serangoon on the 16th November.

Beyond Singapore, CDG ENGIE is also said to have the largest cross-border roaming network in the region through strategic partnerships with industry players ChargeEV and Gentari. 

To this end, a new mobile app has also been launched this year to allow users to plan ahead for road trips and calculate the necessary charging stops based on the specifications of their vehicles. 

But what should we know about CDG ENGIE’s expansion plans? How does the firm navigate complexities in regional expansion given the different stages of electric vehicle adoption and infrastructure development? 

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Freddie Chew, General Manager, ComfortDelGro ENGIE.

Supporting the electric vehicle charging infrastructure in Singapore and beyond &ndash; that&rsquo;s the agenda of our conversation as we speak to our guest CDG ENGIE.&nbsp;
Founded in 2021, CDG Engie, also known as ComfortDelGro ENGIE, is a joint venture between ComfortDelGro Engineering and ENGIE South East Asia, the regional subsidiary of French multinational utility company ENGIE Group.&nbsp;
The JV focuses on providing end to end solutions for customers in their transition towards sustainable and greener energy. So far, the company prides itself as a leading EV charging operator in Singapore with a network of over 2,700 charge points across Singapore, Malaysia and Thailand.&nbsp;
But why are we speaking to CDG ENGIE you might ask? Well, the firm is on the charm offensive to expand its network right now, having been awarded the first public EV charger deployment contract to deploy mainly fast EV charging points across 20 sites at primarily HDB commercial complexes in June 2024.&nbsp;
The firm also recently celebrated its third anniversary in October and operationalised its 1000th charge point located in Serangoon on the 16th November.
Beyond Singapore, CDG ENGIE is also said to have the largest cross-border roaming network in the region through strategic partnerships with industry players ChargeEV and Gentari.&nbsp;
To this end, a new mobile app has also been launched this year to allow users to plan ahead for road trips and calculate the necessary charging stops based on the specifications of their vehicles.&nbsp;
But what should we know about CDG ENGIE&rsquo;s expansion plans? How does the firm navigate complexities in regional expansion given the different stages of electric vehicle adoption and infrastructure development?&nbsp;
On Under the Radar, Money Matters&rsquo; finance presenter Chua Tian Tian posed these questions to Freddie Chew, General Manager, ComfortDelGro ENGIE.

Under the Radar: How is CDG ENGIE navigating complexities in its quest to expand regionally?

It’s back to the banking industry today as we speak to a Taiwanese bank set up nearly half a century ago. 

Established back in 1975, our guest for today is Cathay United Bank, a subsidiary of Cathay Financial Holdings. 

Cathay Financial Holdings, for context, is a financial conglomerate with businesses spanning insurance, asset management and brokerage, with its Chairman Tsai Hong-tu having a net worth of US$5.3 billion based on the Bloomberg Billionaires Index.

Back to Cathay United Bank, the bank boasts 165 branches throughout Taiwan, placing it as one of the leading players in the island when it comes down to credit cards in force as well as transaction volumes. 

Outside of its home market, Cathay United Bank has a presence in 67 overseas locations across mainland China, Vietnam, Cambodia, Hong Kong, Singapore, the Philippines, Malaysia, Laos, Myanmar, Thailand and Indonesia. 

But what are we speaking to Cathay United Bank you might ask? Well, the bank is an interesting one to look at because it is now expanding its headcount in Singapore, as their clients double down on their operations and presence in the Southeast Asian region. But what should we know about its expansion plans here?

Meanwhile, Cathay United Bank had in May 2024 saw net income increasing 13 per cent on the year to over US$950 million in 2023. But how is its Singapore business faring thus far? Also – what will the focus areas be for the firm’s operations here in Singapore looking ahead?

On Under the Radar, Money Matter’s finance presenter Chua Tian Tian posed these questions to Winfield Wong, CEO, Cathay United Bank (Singapore).

It&rsquo;s back to the banking industry today as we speak to a Taiwanese bank set up nearly half a century ago.&nbsp;
Established back in 1975, our guest for today is Cathay United Bank, a subsidiary of Cathay Financial Holdings.&nbsp;
Cathay Financial Holdings, for context, is a financial conglomerate with businesses spanning insurance, asset management and brokerage, with its Chairman Tsai Hong-tu having a net worth of US$5.3 billion based on the Bloomberg Billionaires Index.
Back to Cathay United Bank, the bank boasts 165 branches throughout Taiwan, placing it as one of the leading players in the island when it comes down to credit cards in force as well as transaction volumes.&nbsp;
Outside of its home market, Cathay United Bank has a presence in 67 overseas locations across mainland China, Vietnam, Cambodia, Hong Kong, Singapore, the Philippines, Malaysia, Laos, Myanmar, Thailand and Indonesia.&nbsp;
But what are we speaking to Cathay United Bank you might ask? Well, the bank is an interesting one to look at because it is now expanding its headcount in Singapore, as their clients double down on their operations and presence in the Southeast Asian region. But what should we know about its expansion plans here?
Meanwhile, Cathay United Bank had in May 2024 saw net income increasing 13 per cent on the year to over US$950 million in 2023. But how is its Singapore business faring thus far? Also &ndash; what will the focus areas be for the firm&rsquo;s operations here in Singapore looking ahead?
On Under the Radar, Money Matter&rsquo;s finance presenter Chua Tian Tian posed these questions to Winfield Wong, CEO, Cathay United Bank (Singapore).

Under the Radar: CEO of ready-mix concrete innovation firm Pan-United Corporation on concrete demand for 2024 and the firm’s move to transform into a IP provider amid rising costs

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