The Business Times
business-time-50
SUBSCRIBERS

AI and sustainability underpin new growth drivers for Swan & Maclaren

Executive chairman Robert Yap aims to push the 132-year-old architectural firm towards a billion-dollar valuation

google-preferred-sourceAdd BT as a preferred source
Genevieve Cua

Genevieve Cua

Published Mon, Jun 10, 2024 · 05:00 AM
    • Robert Yap says that the group is already generating strong revenues and has profit margins that are in double digits.
    • Robert Yap says that the group is already generating strong revenues and has profit margins that are in double digits. PHOTO: SWAN & MACLAREN

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    SWAN & Maclaren (S&M), widely regarded as Singapore’s oldest architectural firm, counts iconic landmarks such as the Raffles Hotel and Victoria Concert Hall among its creations.

    But can the 132-year-old company thrive in today’s technology-driven era?

    Thanks to a recharged management team, fading into obscurity is unlikely. S&M has mapped out new engines of growth to drive revenue and profits. It has assembled a fresh cohort of individual investors, and is also open to the prospect of a public listing at some point in the future.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Architecture

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    The fourth Amity Circle retreat was hosted by Temasek Foundation from Apr 8 to 10 in Hanoi.

    Middle East-linked energy supply shocks put Asean Power Grid back in focus

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    DPM Gan Kim Yong said the question is not whether shocks will occur in future, but whether Singapore's systems are able to absorb them, and continue to function.

    DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More