Who We Are

Avarga Limited (“Avarga”), formerly known as UPP Holdings Limited, is an investment holding company listed on the Main Board of Singapore Exchange Limited (SGX).  Our mission is to optimise Returns on Equities through building sustainable value for our shareholders. We build business models that are long-term, focusing on competitive advantages, good management and innovation.

Our three core businesses are paper manufacturing, power generation and building materials distribution. We operate in 5 countries and employ more than 800 people with an annual revenue of $1.5 billion. These businesses generate sustainable cash flows, progressively diverting into other investments.

Click here for our corporate presentation.

Click here for our 2023 AGM webcast.

Click here for our Environmental, Social and Governance (ESG) Statement.