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
Composition of the twenty largest registered holders.
- 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. Kuah Kok Kim 25.03%
- 2. Maclean Investments Limited 12.41%
- 3. DBS Nominees Pte Ltd 8.53%
- 4. Citibank Nominees Singapore Pte Ltd 7.03%
- 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
Breakdown of shareholders by size of holding.
| 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
Direct and deemed interests in the Company’s shares.
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
- Maclean Investments Limited ("Maclean") through its custodian, Bank of Singapore Nominees Pte Ltd, holds shares in the Company.
- 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.
- 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.
- 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.
- 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.
- 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
Download formal registers and annual report disclosures.
Register of members & substantial shareholders
Formal equity records filed with the registrar and available for inspection under applicable law.
Download register extract