At Flow, we invest in proven &/or pessimistically priced businesses, most of which payout significant, predictable and growing dividends.

Here is Flow’s complete list of holdings that includes 20 businesses, and a money market fund, sorted by portfolio weight, as of April 2025.

XL - Phillip Money Market Fund (https://phillipfunds.com/phillip-sgd-money-market-fund/)

XL - Venture Corp (https://www.venture.com.sg/)

XL - Propnex Ltd (https://www.propnex.com/)

XL - Centurion Corp (https://centurioncorp.com.sg/)

M - Haw Par Corp (https://www.hawpar.com/)

M - LHN Group (https://www.lhngroup.com/)

M - Keppel Pacific Oak US Reit (https://www.koreusreit.com/)

M - Stoneweg European Reit (https://www.stonewegeuropeanreit.com.sg/)

M - Boustead Singapore (https://boustead.sg/)

S - Frencken (https://www.frenckengroup.com/)

S - UMS Integration (https://www.umsgroup.com.sg/)

S - UOB Kayhian (https://www.uobkayhian.com/)

S - PanUnited (https://www.panunited.com.sg/)

S - Bumitama Agri (https://bumitama-agri.com/)

S - Food Empire (https://www.foodempire.com/)

S - Far East Hospitality Trust (https://www.fehtrust.com/)

S - SBS Transit (https://www.sbstransit.com.sg/)

S - Kimly Group (https://kimlygroup.sg/)

S - The Hour Glass (https://www.thehourglass.com/)

S - Delfi Ltd (https://www.delfilimited.com/)

S - HRnet Group (https://www.hrnetgroup.com/)

(S : 1%-2% • M : 3%-4% • L : 5%-6% • XL : 7% and more)