Our preliminary analysis has revealed key insights about I.F.F.I PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for a few years
Has accessible contact information online
Official business profile found on major search engines
46530
Wholesale of agricultural machinery, equipment and supplies
Growing of other crops
Recently transacted with I.F.F.I PTE. LTD.?
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This is only a preview of the TrustScore results for I.F.F.I PTE. LTD., showcasing a few facets of its business that we have analysed.
Evolving Stage
A brand in its evolving stage is one that is actively growing, refining, and expanding its market presence. They have gained certain traction in establishing foothold in chosen markets. These brands have defined their core identity, mission, and values and is continuously working to scale their operations, reach new audiences and adapt to changing market dynamics. They are in the process of continuous improvement and innovation, and focusing on customers engagement and feedback.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. I.F.F.I PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
I.F.F.I PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting I.F.F.I PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
I.F.F.I PTE. LTD. has accessible contact information online, which is a positive indicator of its credibility and transparency. The company maintains an official business profile on major search engines, enhancing its visibility and credibility.
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Sign In to ContinueAnother casualty has emerged in Singapore’s high-tech farming sector, The Straits Times has learnt, in yet another sign of the teething challenges plaguing the nascent industry. Local indoor farm I.F.F.I, said to have the ability to produce some 300 tonnes of leafy greens a year, has shuttered its mega 38,000 sq m facility in Tuas. I.F.F.I’s holding company, precision engineering firm TranZPlus Engineering, has entered into liquidation, with court documents showing that it filed for insolvency in November 2023. The company produced a range of crops from arugula and kale to green lettuce and red bok choy, selling its vegetables under the brand name, Next Farmers. The produce was previously available at FairPrice supermarkets.
26 May 2024
“You can control everything, even how much nutrients or water is being used for each plant,” said Mr Nelson Lim, co-founder of I.F.F.I, which stands for Indoor Farm Factory Innovation. “We want to bring indoor farming into something more precise, where you calculate the least input for the best output. That is precision farming,” he told CNA. Mr Lim is also the chief executive of precision engineering firm TranZplus Engineering, which is the parent company of I.F.F.I. TranZplus’ two-storey office in Tuas now houses both a manufacturing facility for semiconductor components and a farming showroom. “A lot of people ask me: ‘Nelson, are you crazy? You’re in engineering, why suddenly do farming?’ Actually, the two are not unrelated. We can put our engineering skills to good use in indoor farming,” Mr Lim said, while demonstrating the farming racks that can be adjusted according to height and size.
10 August 2021
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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