Sincap Group Limited is a Singapore-based investment holding company. The Company is engaged in the trading of alumina and thermal coal, as well as the mining and sale of gypsum, in the People's Republic of China (PRC). The Company's segments include gypsum ore and powder, alumina products, coal products and property. Its gypsum ore and powder segment includes the mining of gypsum ore and powder, which involves the process of exploration and sale of gypsum ore and powder. Its alumina products segment focuses on the business of trading and sale of alumina. The Company's coal products segment is engaged in the business of trading and sale of coal. Its property segment focuses on property development and property investment. It has mining and exploration rights to gypsum reserves in the Dawenkou Gypsum District in Shandong Province. The Company's subsidiaries include Beijing Raffles Investment Advisory Co., Ltd., Sincap Australia Pte. Ltd. and Orion Energy Resources Pte. Ltd.