Mercurius Capital Investment Limited is an investment holding company with key interests in property development and property investment. These include activities such as real estate-related investments, property-related activities, holding of investments in residential, hospitality (including hotels and/or serviced residences), commercial (retail and office), industrial and mix development properties, trading in and the development of property for sales and for long-term investment purposes.
The Company was listed on the SGX SESDAQ in 1995 and subsequently transited to CATALIST with effect from 22 September 2009. Over the years since its listing in SGX, the Company had evolved from bedlinen and bedding business to manufacturing and selling of children's clothing. On March 2017, the Company had completed diversification of the Group's core business to property development and property investment.
Apart from property development and property investment, the Group's business scope also includes financial investment business activities, fund management, advising on corporate finance and providing financial advisory services, providing financing and operating leases, and operations in renewable energy products. The Company also owns the "Friven & Co." brand, a local Singapore bed linens and bedding product with good quality and contemporary designs.
Property Development and Property Investment
On 23 February 2017, the Group had entered into a joint venture agreement with HM Realty Holdings Sdn Bhd to development a plot of freehold land in Kempas Johor Bahru, Malaysia, into a mixed development properties comprising of shopping mall. hotels, and offices. The group had initiated the planning stages and on April 2017 had engaged Y Architect Sdn Bhd, a renowned architect firm in Johor Bahru to design and draft the structural building to be constructed on the Kempas land.
Apart from the Kempas land, the Group had also entered into options agreements with 4 other land owners to secure development rights for their respective lands in Permas Jaya and Senai, both in the vicinity of Johor Bahru, Malaysia. The Group will initiate the development plan on these lands in the future with appropriate infrastructure to cater for local and international demands.
To broaden our horizon, the Group is currently exploring potential property investment in WA, Australia, where our management sees opportunity in the residential sectors which are in demand.
Friven & Co
Friven & Co had been a household name for Singapore for years, providing quality bedding and bedlinen product ranging from their brands which includes Friven, DS, Allegoria, and Relax@Home. Although the brand is currently in hiatus, the Group owns the trademarks and patterns for Friven & Co and its respective brands. The Group is looking for potential partnership that could revive and carry the brand to greater heights.