Skylink’s business model spans several segments including long-term commercial vehicle leasing and fleet management, vehicle credit and hire-purchase financing, as well as engineering services that include maintenance, repairs and overhaul (MRO), refurbishment and bodywork solutions.
Catalist-listed Skylink Holdings presents an “attractive investment opportunity” in Singapore’s underserved commercial fleet services space, says SAC Capital analyst Daniel Ng, who initiated a “buy” call on the newly-listed firm on Dec 15.
Skylink Holdings was formed through the reverse takeover (RTO) of Sincap Group in September this year. The group has grown into one of Singapore’s largest commercial vehicle leasing platforms with just eight years of operational history under Skylink’s subsidiary, Skylink APAC, Ng notes.
