Corporate Profile

Infrastructure development holds great promises as countries continuously strive to improve and develop their own infrastructure as they open up their economies in international trade. Infrastructure is a core requirement for countries to compete effectively for foreign investment and improve per capital income. Infrastructure market is market resilient to economy downturn as it is widely used by governments around the world during time of economy crisis to stimulate their own economies.

Az United Pte Ltd was set up in 2008 as part of the Group diversification strategy to supply building materials to infrastructure projects. Its aim is to benefit Aztech Group by deriving additional revenue stream in a different business sector. The main motivation behind this venture was to reinvest excess reserves into a promising new market that will continue to enhance shareholders' value.

Our Business

Az United Pte Ltd is managed by a team of dedicated and resourceful employees. We import a wide range of high quality building materials from many countries, mainly from Indonesia, Cambodia and Vietnam.

With Az Marine Pte Ltd's fleet of barge and tugs, we ensure timely import of sand from those countries. We also own and manage a storage plot in Pulau Punggol Timor Aggregate Terminal in Singapore to store and distribute materials that are imported to various customers in Singapore.

Az United works with government authorities as well as different types of contractors in the market.

Competitive Strengths

• We are part of the Aztech Group of companies, listed on the mainboard of the Stock Exchange of Singapore

• We are financially healthy – this ensures business continuity

• We work closely with concession holders in various countries to ensure a consistent supply of sand

• We work closely with dredging companies to monitor loading process to minimize foreign materials being loaded on to our vessels, ensuring better quality sand

• We have a fleet of tugs & barges owned under our sister company, Az Marine Pte Ltd to ensure timely delivery of cargo

• We ensure our sand cargo imported are all from legal sources with valid permits

Milestones

18 Jan 2008 – Inauguration of materials supply subsidiary, Az United Pte Ltd

12 Feb 2008 – Az United secured first S$250 million building materials supply contract

25 Jun 2008 – Obtained shareholders' approval to declare both new divisions as our core businesses

20 Oct 2008 – Obtained Building & Construction Authority (BCA)'s L6 Grading

10 Nov 2008 – Set up 2 wholly-owned subsidiaries – AZ Resources Pte Ltd and AZ Materials Pte Ltd

8 Sep 2011 – Az United awarded S$90 million contract to supply infrastructure materials for reclamation project in Singapore