Listed on the Mainboard of the Singapore Exchange since 1999, Sapphire Corporation Limited (“Sapphire” or the “Group”) owns a 100% stake in China-based Ranken Infrastructure Limited (“Ranken”) and its subsidiaries, which was founded in 1998, which has grown into one of China’s largest privately-owned integrated infrastructure design and construction groups.
Ranken’s blue-chip customer clientele includes government agencies, consortiums and Fortune 500 companies.
With specialised industry knowledge and integrated capabilities, Ranken is also one of the few private operators in China that holds the prestigious full Triple-A qualifications and licences for design, civil engineering, construction and project consultation in the rail sector.
Establishing a track record in major infrastructure projects across China, Bangladesh, India and Saudi Arabia, the Group has built up integrated capabilities and specialised industry knowledge to undertake an extensive scope of work associated with vital urban infrastructure projects (that includes urban rail transport system, expressways, roads, bridges and among others).
In addition, the Group also owns a 19% stake in a Australian mining services business, Mancala Holdings Limited (“Mancala”), which has established itself as a major shaft construction provider in East Australia’s mining sector.