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138 Robinson Road #11-04/05 The Corporate Office Singapore 068906 |
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Investor Profiles Hemmant AMIN, Founder & Chairman
He is the promoter, Chairman & CEO of Kawamin Pacific Pte Ltd., Singapore, a global industrial raw material procurement house founded in 1993. Assisted by its subsidiary Kawamin Shipping Pte Ltd., the parent company is ranked among Singapore's 'fastest growing 50' companies across all sectors by the DP information group of Singapore in 2005. Hemmant is also the promoter & Director of Allindia Technologies Ltd., India, a leading Information technology & web Solutions Company in Eastern India founded in 1997. The company counts giants of Indian Industry like Tata Steel, ITC & the Aditya Birla Group among its clients. It also owns & manages one of the largest and most popular alumni websites in India www.batchmates.com with over 1.5 million members. From Nov '93 to Mar '98, Hemmant was also the Executive Director and strategic shareholder of Steel Tubes of Singapore Pte. Ltd., a major producer of tubing in ASEAN. The company was an Indian - Japanese joint venture company formed in equity partnership with Japanese firms Kobe Steel Ltd., Tokyo Boeki Ltd. and Japan Asean Investment corporation (JAIC). Hemmant began his investment career whilst still a student in 1985 in London, UK. As a then private equity investor, he was looking to participate in the boom enjoyed by the then vibrant UK economy. Working as an audit trainee with Coopers & Lybrand, provided valuable insights into the business models & financial workings of companies in diverse fields and thus began a life long passion at being a business analyst. After moving to Singapore in 1993, Hemmant's investment methodology has been highly influenced by the teachings of the leaders of Berkshire Hathaway Inc. namely Mr. Charlie Munger & Mr. Warren Buffett who are widely considered to be the world's greatest allocaters & compounders of capital. In particular he has been profoundly motivated by the following statement. "I am a better business owner because I am an Investor and I am a better Investor because I am a business owner" Warren E. Buffett Thus the business model adopted by Hemmant is to own & manage businesses that
generate high return on equities & free cash flow. These cash flows, combined with
dividend income from equity investments are then used to invest in a selected number of
companies with superior business models and Durable competitive advantages to ensure
better long term compounded investment growth. The methodology is one of 'focused
investing' which ensures that one is invested in no more than 10 well researched and well
understood companies at any given time. Geographically, due to close proximity to
management, the investment focus has been on Singapore, Chinese & Indian listed
companies. Hemmant graduated with a Double Major (Joint Honors) in Accounting & Economics from
the University of Kent, Canterbury, U.K. in 1990. Hemmant is also an alumnus of Davies's
College, London, St. Mary's High School, Mt. Abu, India, and K.C. College in Bombay,
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