Equity transparency

Shareholding & Capital Structure

Issued capital, public float compliance, top holders, and distribution statistics as disclosed to shareholders.

Equity transparency

Statistics as at 12 June 2025

Issued shares

216,345,618

One vote per ordinary share

Public float

42.18%

Of issued share capital (excl. treasury)

Shareholders

1,482

Registered holders on register

Top 20 shareholders

  • Substantial shareholders 61.42%
  • Strategic / related parties 10.11%
  • Other top 20 6.54%
  • Balance of register 21.93%

Public float compliance

42.18%

SGX-ST Listing Rule 723 requires at least 10% in public hands.

As at the date above, the Company has complied with the minimum public float requirement.

  1. 1. Kuah Kok Kim 25.03%
  2. 2. Maclean Investments Limited 12.41%
  3. 3. DBS Nominees Pte Ltd 8.53%
  4. 4. Citibank Nominees Singapore Pte Ltd 7.03%
  5. 5. HSBC (Singapore) Nominees Pte Ltd 5.47%
Rank Shareholder Shares %
1 Kuah Kok Kim 54,120,442 25.03%
2 Maclean Investments Limited 26,831,478 12.41%
3 DBS Nominees Pte Ltd 18,456,210 8.53%
4 Citibank Nominees Singapore Pte Ltd 15,210,488 7.03%
5 HSBC (Singapore) Nominees Pte Ltd 11,842,050 5.47%
6 OCBC Trustee Limited 9,621,040 4.45%
7 Tai Tak Securities Pte Ltd 8,412,050 3.89%
8 UOB Kay Hian Pte Ltd 6,241,080 2.88%
9 Phillip Securities Pte Ltd 5,124,060 2.37%
10 DBSN Services Pte Ltd 4,412,088 2.04%
11 Raffles Nominees (Pte) Ltd 3,842,100 1.78%
12 Singapore Warehouse Company (Private) Limited 3,214,088 1.49%
13 Hwa Hong Corporation Limited 2,984,100 1.38%
14 SG Investments Pte Ltd 2,642,088 1.22%
15 Mr Ho Han Leong Calvin 2,412,080 1.12%
16 Tai Tak Estates Sdn Bhd 2,184,100 1.01%
17 Bank of Singapore Nominees Pte Ltd 1,924,088 0.89%
18 BNP Paribas Nominees Singapore Pte Ltd 1,684,200 0.78%
19 Standard Chartered Bank (Singapore) Limited 1,424,088 0.66%
20 Morgan Stanley Asia (Singapore) Securities Pte Ltd 1,242,100 0.57%

Distribution statistics

Size of holding No. of holders % of holders No. of shares % of shares
1 – 99 842 56.82% 28,410 0.01%
100 – 999 412 27.80% 198,420 0.09%
1,000 – 9,999 168 11.34% 612,450 0.28%
10,000 – 99,999 48 3.24% 1,845,620 0.85%
100,000 and above 12 0.81% 213,460,718 98.77%

Substantial shareholders

Kuah Kok Kim

Direct
54,120,442 25.03%
Deemed
0 0.00%

Maclean Investments Limited

Direct
26,831,478 12.41%
Deemed
0 0.00%

OCBC Trustee Limited

Direct
0 0.00%
Deemed
26,831,478 12.41%

Tai Tak Securities Pte Ltd

Direct
8,412,050 3.89%
Deemed
0 0.00%

Tai Tak Estates Sdn Bhd

Direct
0 0.00%
Deemed
8,412,050 3.89%

SG Investments Pte Ltd

Direct
0 0.00%
Deemed
8,412,050 3.89%

Mr Ho Han Leong Calvin

Direct
0 0.00%
Deemed
8,412,050 3.89%

Hwa Hong Corporation Limited

Direct
0 0.00%
Deemed
3,214,088 1.49%
Footnotes & deemed interest notes
  1. Maclean Investments Limited ("Maclean") through its custodian, Bank of Singapore Nominees Pte Ltd, holds shares in the Company.
  2. OCBC Trustee Limited is the trustee of The Limpa Trust. Maclean is the investment holding vehicle of the Trust and is deemed to be interested in the shares held by Maclean.
  3. Tai Tak Estates Sdn Bhd is deemed to be interested in shares held by Tai Tak Securities Pte Ltd by virtue of Section 7 of the Companies Act.
  4. SG Investments Pte Ltd is deemed to be interested in shares held by Tai Tak Securities Pte Ltd by virtue of Section 7 of the Companies Act.
  5. Mr Ho Han Leong Calvin is deemed to be interested in the shares held by Tai Tak Securities Pte Ltd by virtue of Section 7 of the Companies Act.
  6. Hwa Hong Corporation Limited is deemed to be interested in the shares held by Singapore Warehouse Company (Private) Limited by virtue of Section 7 of the Companies Act.

Percentages are calculated based on the Company's issued share capital (excluding treasury shares and subsidiary holdings).

Access equity records

Register of members & substantial shareholders

Formal equity records filed with the registrar and available for inspection under applicable law.

Download register extract