Wee Kok Wah (President, Stamford Tyres), Yasuhiro Nemoto, MD (Sumitomo Rubber Asia (Tyre)), Pat Berriman (Senior VP Sales & Marketing, Stamford Tyres)
Photos courtesy of Stamford Tyres
Date: Sunday, 5 August 2012.
Venue: Changi Exhibition Centre, 9 Aviation Park Road, Singapore 498760
INTRODUCING THE new Azenis FK453 from Falken of Japan….
The FK453 is Falken’s flagship ultra-high performance tyre.
According to Falken, dry handling has been improved by 25 per cent. And handling on wet surfaces is boosted by 30 per cent compared to the outgoing FK452 tyre.
Then there are the higher comfort levels.
The FK453 is touted as the strongest and quietest high-performance tyre yet from Falken.
It's targeted at sports sedans as well as large luxury SUVs.
And it's available from Stamford Tyres, the long-time Singapore-listed distributor of Falken tyres.
Stamford Tyres has Falken distribution rights in countries such as Singapore, Malaysia and Thailand -- and as far away as South Africa, China and India.
Retail prices in Singapore start at S$200 apiece.
Falken is manufactured by Sumitomo Rubber Industries, which owns a 1.87% stake in Stamford Tyres.
The Azenis FK453 is available in a total of 70 sizes from series 25 to 55, with diameters ranging from 17 to 22-inch. They are also available in the Azenis 453CC model for SUVs, new model of which are becoming more premium.
Stamford Tyres: Its shares traded recently at 33.5 cents, ahead of the payout of the final dividend of 1.5 cents a share.
Its price-earnings ratio is 8X while its NTA stood at 48.12 cents a share as at end-April 2012.
The NTA reflects the book value of its industrial properties such as warehouses and tyre workshops. If revalued to current market prices, the figure would be substantially higher as the properties have risen in value.
Recent story: STAMFORD TYRES: Revenue Up 6.7% At S$364m; Maintains 1.5-c dividend
