Sapphire Corporation Limited ("Sapphire" or the "Group") is an investment management and holding company with a business model aligned towards urbanisation trends. Particularly, the Group is principally engaged in the engineering, procurement and construction ("EPC") business related to the land transport infrastructure and water conservancy and environmental projects in China.
Sapphire is incorporated in Singapore and has been listed on the Mainboard of the Singapore Exchange since 1999. The Group owns a 100% stake in China-based EPC business Ranken Infrastructure Limited ("Ranken") and its subsidiaries, which it acquired on 1 October 2015 as part of a new growth strategy via earnings-accretive investment.
Founded in 1998, Ranken is incorporated in Hong Kong and based in Chengdu. It is a full-fledged EPC firm and one of the largest privately owned integrated urban rail transport infrastructure groups in China. Ranken holds full Triple-A qualifications and licences for design, supervision, construction and project consultation in the urban rail sector. Ranken's expertise includes civil engineering works for metro lines, urban rail transit, expressways, roads and bridges as well as water conservancy and environmental projects. Its track record includes major infrastructure projects in China and South Asia.
In 2018, Ranken was awarded "Top 50 Private Enterprises in Wuhou District" and "Top 100 Private Enterprises in Chengdu".