Ecowise Annual Report 2007 - ecoWise Holdings Limited

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Corporate ProfileFounded in 1979 and listed on SGX-SESDAQ in 2003,ecoWise Group is a Singapore based integratedenvironmental solutions provider. ecoWise’s strategy isfocused on four core businesses – renewable energy,recovery of industrial materials, recycling of organicmaterials and provision of integrated environmentalmanagement solutions.RENEWABLE ENERGYBiomass such as wood and horticultural waste is used asfuel in our cogeneration plant. The plant simultaneouslygenerates two forms of useful energy - electricity andsteam. This sustainable green energy reduces use of fossilfuels and also reduces our costs of operations. Revenue isderived from the biomass collection while the electricityand steam generated are used to leverage our recycling andenergy related business activities.RECOVERY OF INDUSTRIAL MATERIALSWe are a licensed recycler, providing clearance and disposalservices for major shipyards and fabrication yards inSingapore. Industrial material such as abrasive is recycledthrough a series of self developed and tested processesinvolving materials segregation, classifying, drying andtesting at our recycling facility. The industrial materials gothrough key processes necessary to remove contaminantsand to recover useful resources.RECYCLING OF ORGANIC MATERIALSOur patented composting technology, ecoACT TM , employsthe unique in-vessel thermophilic composting technologyto manufacture quality organic compost in the shortestpossible time. The pasteurization process ensuresthat the manufactured product is free from pathogensand contaminants. Organic fertilizer manufactured atour horticultural recycling facility has been awarded theSingapore Green Label and externally certified by theBiological Farmers of Australia.10 Chairman’s Statement14 Financial HighlightsEm 16 Operations at, commod Review etue dolore feuisnulla 18 Board facillu of Directors ptatie tinis nullaor il utirit 20 Management ipit la facipsumsan Team vent auguetie 21 core Report eros on dipit Corporate prate dolor Governance sustruddolore 31 Financial vel unito Statements uno well ullan.PROVISION OFINTEGRATED ENVIRONMENTAL MANAGEMENT SOLUTIONSWe provide resources management and integratedenvironmental engineering solutions for solid and liquidwaste. We offer a suite of activities including processdesign and optimization, engineering procurement andconstruction, fabrication, installation, commissioning andmaintenance. Our team of specialists has experiences inoffering industrial waste water treatment and managementto local and regional companies using advanced watertreatment technologies.
everything has BEAUTYbut not everyone sees itVisionTo be the preferred environmental solutions provider withhigh integrity, corporate social responsibility and to createvalue for all stakeholders.MissionTo emphasize on research and development to provideenvironmentally friendly solutions to industrial processes.To establish awareness, propagate, promote and encourageuse of environmentally friendly products derived fromrecycled organic waste.To establish best practices in the manufacture anddistribution of environmentally friendly recycled productsthat are in harmony with ecological principles.
Page 1: ecoWise Holdings Limitedannual repo
Page 5 and 6: Our biomass cogeneration plant at S
Page 7 and 8: Copper slag, the waste residue of c
Page 9 and 10: Our composting facility at Sarimbun
Page 11 and 12: Working to create a living planet.
Page 13 and 14: CHAIRMAN’SSTATEMENTRecovery of In
Page 16 and 17: FINANCIALHIGHLIGHTSFY2007 FY2006 FY
Page 18 and 19: OPERATIONSREVIEWReview of Financial
Page 20 and 21: BOARD OFDIRECTORS1 2 34 5 618 • e
Page 22 and 23: MANAGEMENTTEAMLee Thiam SengChief E
Page 24 and 25: CORPORATEGOVERNANCENewly appointed
Page 26 and 27: CORPORATEGOVERNANCEAccess to Inform
Page 28 and 29: CORPORATEGOVERNANCEFor the period u
Page 30 and 31: CORPORATEGOVERNANCEThe AC has power
Page 32 and 33: CORPORATEGOVERNANCERisk ManagementA
Page 34 and 35: REPORT OFTHE DIRECTORSThe directors
Page 36 and 37: REPORT OFTHE DIRECTORS5. OPTIONS TO
Page 38 and 39: REPORT OFTHE DIRECTORS5. OPTIONS TO
Page 40 and 41: STATEMENT OFDIRECTORSIn the opinion
Page 42 and 43: ConsolidatedIncome StatementYear En
Page 44 and 45: Statements OfChanges In EquityYear
Page 46 and 47: Consolidated CashFlow StatementYear
Page 48 and 49: Notes to FinancialStatements31 Octo
Page 50 and 51: Notes to FinancialStatements31 Octo
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Notes to FinancialStatements31 Octo
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SHAREHOLDINGSSTATISTICSAS AT 18 JAN
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Notice of AnnualGeneral MeetingECOW
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Notice of AnnualGeneral MeetingECOW
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ADDITIONALEXPLANATORY STATEMENTTO O
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ADDITIONALEXPLANATORY STATEMENTTO O
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ProxyFormECOWISE HOLDINGS LIMITEDRe
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H O L D I N G S L I M I T E DCo. Re
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Ecowise Annual Report 2007 - ecoWise Holdings Limited

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