As at 20 March 2023

SHAREHOLDERS’ INFORMATION AS AT 20 March 2023

Issued and Fully Paid-up Capital : S$855,835,508.311
Number of Shares : 2,557,040,024
Class of Shares : Ordinary Shares
Voting Rights : 1 vote per share

The Company does not hold any treasury shares and subsidiary holdings.

STATISTICS OF SHAREHOLDINGS AS AT 20 MARCH 2024

Size of Shareholding No. Of Shareholders % No. of Shares %
1 – 99 6 0.16 240 0.00
100 – 1,000 73 1.94 55,775 0.00
1,001 – 10,000 1,150 30.58 8,960,600 0.35
10,001 – 1,000,000 2,485 66.07 192,548,663 7.53
1,000,001 and above 47 1.25 2,355,474,746 92.12
  3,761 100.00 2,557,040,024 100.00

SUBSTANTIAL SHAREHOLDERS AS AT 20 MARCH 2024

(As recorded in the Register of Substantial Shareholders)

  Direct Interest % Number of Shares %
Everbright Hero Limited(1) 381,000,000 14.90% - -
State Alpha Limited(2) 1,461,011,837 57.14% - -
Everbright Hero Holdings Limited(3) - - 381,000,000 14.90%
Everbright Hero, L.P.(4) - - 381,000,000 14.90%
Everbright Hero LP Limited(5) - - 381,000,000 14.90%
Aerial Victory Limited(6) - - 381,000,000 14.90%
China Everbright Limited(7) - - 1,842,011,837 72.04%
Honorich Holdings Limited(8) - - 1,842,011,837 72.04%
China Everbright Holdings Company Limited(9) - - 1,842,011,837 72.04%
China Everbright Group Ltd.(10) - - 1,842,011,837 72.04%
Central Huijin Investment Ltd.(11) - - 1,842,011,837 72.04%

Notes:

  1. Everbright Hero Limited has a total beneficial interest in 381,000,000 shares, of which all of such 381,000,000 shares are held in the names of nominees.
  2. State Alpha Limited has a total beneficial interest in 1,461,011,837 shares, out of which 1,125,474,562 shares are held in the names of nominees.
  3. Everbright Hero Holdings Limited holds 100% of the shareholding in Everbright Hero Limited and is therefore deemed interested in the shares held by Everbright Hero Limited.
  4. Everbright Hero, L.P. holds 100% of the shareholding in Everbright Hero Holdings Limited which in turn holds 100% shares of the shareholding in Everbright Hero Limited. Everbright Hero, L.P. is therefore deemed interested in the shares held by Everbright Hero Limited.
  5. Everbright Hero LP Limited holds a majority partnership interest in Everbright Hero, L.P. Everbright Hero, L.P. in turn holds 100% of the shareholding in Everbright Hero Holdings Limited which in turn holds 100% of the shareholding in Everbright Hero Limited. Everbright Hero LP Limited is therefore deemed interested in the shares held by Everbright Hero Limited.
  6. Aerial Victory Limited holds 100% of the shareholding in Everbright Hero LP Limited. Everbright Hero LP Limited holds a majority partnership interest in Everbright Hero, L.P. Everbright Hero, L.P. in turn holds 100% of the shareholding in Everbright Hero Holdings Limited which in turn holds 100% of the shareholding in Everbright Hero Limited. Aerial Victory Limited is therefore deemed interested in the shares held by Everbright Hero Limited.
  7. China Everbright Limited holds 100% of the shareholding in Aerial Victory Limited, which in turn is deemed interested in the shares held by Everbright Hero Limited. China Everbright Limited also holds 100% of the shareholding in State Alpha Limited. China Everbright Limited is therefore deemed interested in the shares held by Everbright Hero Limited and State Alpha Limited.
  8. Honorich Holdings Limited holds approximately 49.39% of the shareholding in China Everbright Limited. China Everbright Limited in turn holds 100% of the shareholding in Aerial Victory Limited, which in turn is deemed interested in the shares held by Everbright Hero Limited and holds 100% of the shareholding in State Alpha Limited. Honorich Holdings Limited is therefore deemed interested in all the shares held by Everbright Hero Limited and State Alpha Limited.
  9. China Everbright Holdings Company Limited holds 100% of the shareholding in Honorich Holdings Limited. Honorich Holdings Limited in turn holds approximately 49.39% of the shareholding in China Everbright Limited. China Everbright Limited in turn holds 100% of the shareholding in Aerial Victory Limited, which in turn is deemed interested in the shares held by Everbright Hero Limited, and also holds 100% of the shareholding in State Alpha Limited. China Everbright Holdings Company Limited is therefore deemed interested in all the shares held by Everbright Hero Limited and State Alpha Limited.
  10. China Everbright Group Ltd. (“CEG”) holds 100% of the shareholding in China Everbright Holdings Company Limited. China Everbright Holdings Company Limited in turn holds 100% of the shareholding in Honorich Holdings Limited. Honorich Holdings Limited in turn holds approximately 49.39% of the shareholding in China Everbright Limited. China Everbright Limited in turn holds 100% of the shareholding in Aerial Victory Limited, which in turn is deemed interested in the shares held by Everbright Hero Limited, and also holds 100% of the shareholding in State Alpha Limited. CEG is therefore deemed interested in all the shares held by Everbright Hero Limited and State Alpha Limited.
  11. Central Huijin Investment Ltd (“Central Huijin”) holds approximately 63.16% of the shareholding in CEG. CEG in turn holds 100% of the shareholding in China Everbright Holdings Company Limited. China Everbright Holdings Company Limited in turn holds 100% of the shareholding in Honorich Holdings Limited. Honorich Holdings Limited in turn holds approximately 49.39% of the shareholding in China Everbright Limited. China Everbright Limited in turn holds 100% of the shareholding in Aerial Victory Limited, which in turn is deemed interested in the shares held by Everbright Hero Limited, and also holds 100% of the shareholding in State Alpha Limited. Central Huijin is therefore deemed interested in all the shares held by Everbright Hero Limited and State Alpha Limited.

    Central Huijin mandated to exercise the rights and the obligations as an investor in major state-owned financial enterprises, on behalf of the State. In September 2017, the Ministry of Finance issued special treasury bonds and acquired all the shares of Central Huijin from the People’s Bank of China. The acquired shares were injected into China Investment Corporation (“CIC”) as part of its initial capital contribution. However, Central Huijin’s principal shareholder rights are exercised by the State Council. The members of Central Huijin’s Board of Directors and Board of Supervisors are appointed by and are accountable to the State Council.

    Accordingly, China Everbright Limited and its associates as defined under Chapter 9 of the listing manual of the Singapore Exchange Securities Trading Limited (“SGX-ST Listing Manual”), are considered controlling shareholders of the Company and to be interested persons under the SGX-ST Listing Manual.

TWENTY LARGEST SHAREHOLDERS AS AT 20 MARCH 2024

No. Name of Shareholders Number of Shares %
1 DBS VICKERS SECURITIES (S) PTE LTD 1,507,008,562 58.94
2 STATE ALPHA LIMITED 335,537,275 13.12
3 CITIBANK NOMINEES SINGAPORE PTE LTD 115,042,044 4.50
4 DBS NOMINEES PTE LTD 102,737,564 4.02
5 POH CHOO BIN 42,753,500 1.67
6 PHILLIP SECURITIES PTE LTD 34,509,700 1.35
7 OCBC SECURITIES PRIVATE LTD 28,327,750 1.11
8 LIM HONG CHING 25,208,000 0.99
9 UOB KAY HIAN PTE LTD 22,525,800 0.88
10 RAFFLES NOMINEES (PTE) LIMITED 15,728,996 0.61
11 MAYBANK SECURITIES PTE. LTD. 14,237,400 0.56
12 DB NOMINEES (SINGAPORE) PTE LTD 11,806,700 0.46
13 BNP PARIBAS NOMINEES SINGAPORE PTE LTD 9,300,000 0.36
14 CHEONG CHOONG KONG 7,762,000 0.30
15 UNITED OVERSEAS BANK NOMINEES PTE LTD 7,564,600 0.30
16 PENG XIALIN 5,944,000 0.23
17 TAN OOI NYUK 5,500,000 0.21
18 LOH KERN SIANG 5,500,000 0.21
19 MERRILL LYNCH (SINGAPORE) PTE LTD 4,267,047 0.17
20 YUN KWANG HUN 4,000,000 0.16
    2,305,260,938 90.15

PERCENTAGE OF SHAREHOLDING IN PUBLIC’S HANDS

27.96% of the Company’s shares are held in the hands of public. Accordingly, the Company has complied with Rule 723 of the Listing Manual of the SGX-ST.