DISTRIBUTION OF SHAREHOLDERS BY SIZE OF SHAREHOLDINGS

Size of Holding No. of Shareholders % No. of Shares %
1 - 99 54 1.67 1,749 0.00
100 - 1,000 738 22.86 528,530 0.51
1,001 - 10,000 1,932 59.83 7,522,511 7.25
10,001 - 1,000,000 497 15.39 23,499,257 22.66
1,000,001 and above 8 0.25 72,173,832 69.58
TOTAL 3,229 100.00 103,725,879 100.00

TWENTY LARGEST SHAREHOLDERS (AS SHOWN IN THE REGISTER OF MEMBERS AND DEPOSITORY REGISTER)

No. Shareholder's Name No. of Shares Held %
1 Phillip Securities Pte Ltd 29,130,906 28.08
2 UOB Kay Hian Pte Ltd 29,025,650 27.98
3 Soh Ying Sin 4,500,000 4.34
4 Oei Hong Leong 4,272,400 4.12
5 DBS Nominees (Private) Pte Ltd 1,925,807 1.82
6 United Overseas Bank Nominees (Private) Limited 1,156,519 1.11
7 Raffles Nominees (Pte.) Limited 1,084,550 1.05
8 Morph Investments Ltd 1,078,000 1.04
9 Citibank Nominees Singapore Pte Ltd 772,975 0.75
10 Khong Kin Pang 751,000 0.72
11 .OCBC Nominees Singapore Private Limited 727,000 0.70
12 Goh Choon Wei or Ceciline Goh 580,300 0.56
13 CGS-CIMB Securities (Singapore) Pte. Ltd. 548,394 0.53
14 Lee Mei Fong 516,000 0.50
15 Ng Hwee Koon 433,000 0.42
16 Ng Poh Cheng 426,000 0.41
17 Ong Meng Huat 370,000 0.36
18 ABN Amro Clearing Bank N.V. 365,800 0.35
19 Chan Soo Hin 357,000 0.34
20 Sim Wee Lim 283,000 0.27
TOTAL 78,304,301 75.49

PUBLIC FLOAT
Disclosure pursuant to Rule 1207(9)(e) of the SGX-ST Listing Manual
As at 1 March 2019, approximately 39.14% of the total number of issued shares of the Company was held by the public and accordingly, the Company has complied with Rule 723 of the SGX-ST Listing Manual.

SUBSTANTIAL SHAREHOLDERS (AS RECORDED IN THE REGISTER OF SUBSTANTIAL SHAREHOLDERS)

Direct Interest Deemed Interest
No. of Shares % No. of Shares %
TH Investments Pte Ltd - - 29,486,148(1) 28.43
Tat Hong Investments Pte Ltd - -
Chwee Cheng & Sons Pte Ltd - -
Ng San Tiong - -
Ng Sun Ho - -
Ng San Wee - -
Ng Sun Giam - -
Amtrek Investment Pte. Ltd. 28,998,400 27.96 - -
Chew Leong Chee - - 28,998,400(2) 27.96
Melanie Chew Ng Fung Ning - - 28,998,400(3)
Resource Pacific Holdings Pte. Ltd. - - 28,998,400(4)
Asia Resource Corporation Pte. Ltd. - - 28,998,400(5)
Macondray Holdings Pte. Ltd. - - 28,998,400(6)
Notes:
(1) Shares owned by TH Investments Pte Ltd are held under a nominee account. TH Investments Pte Ltd is wholly owned by Tat Hong Investments Pte Ltd, which in turn is wholly owned by Chwee Cheng & Sons Pte Ltd. 43.56% of the issued share capital of Chwee Cheng & Sons Pte Ltd is owned by The Chwee Cheng Trust constituted under a trust deed. Mr Ng San Tiong, Mr Ng Sun Ho, Mr Ng San Wee and Mr Ng Sun Giam are the joint trustees of The Chwee Cheng Trust.

Pursuant to Section 7 of the Companies Act, Cap. 50 (the “Act”), each of Mr Ng San Tiong, Mr Ng Sun Ho, Mr Ng San Wee and Mr Ng Sun Giam has a deemed interest in The Chwee Cheng Trust’s 43.56% shareholding interest in Chwee Cheng & Sons Pte Ltd and a direct interest in Chwee Cheng & Sons Pte Ltd. Accordingly, each of Mr Ng San Tiong, Mr Ng Sun Ho, Mr Ng San Wee and Mr Ng Sun Giam has a deemed interest in 28.43% of the issued share capital of the Company.
(2) Mr Chew Leong Chee (“Mr Chew”) owns 25% direct interest and 30% indirect interest through his spouse, Dr Melanie Chew Ng Fung Ning (“Dr Melanie Chew”) in Resource Pacific Holdings Pte. Ltd. (“RPHPL”). Mr Chew also owns 38.01% interest in Asia Resource Corporation Pte. Ltd. (“ARCPL”).

RPHPL owns 42.72% interest in ARCPL. ARCPL owns 84.10% interest in Macondray Holdings Pte. Ltd. (“MHPL”). MHPL owns 100% interest in Amtrek Investment Pte. Ltd. (“AIPL”). Pursuant to Section 7 of the Act, Mr Chew is deemed to be interested in the shares held by AIPL in the Company.
(3) Dr Melanie Chew owns 30% direct interest in RPHPL. RPHPL owns 42.72% interest in ARCPL. ARCPL owns 84.10% interest in MHPL. MHPL owns 100% interest in AIPL. Pursuant to Section 7 of the Act, Dr Melanie Chew is deemed to be interested in the shares held by AIPL in the Company.
(4) RPHPL owns 42.72% interest in ARCPL. ARCPL owns 84.10% interest in MHPL. MHPL owns 100% interest in AIPL. Pursuant to Section 7 of the Act, RPHPL is deemed to be interested in the shares held by AIPL in the Company.
(5) ARCPL owns 84.10% interest in MHPL. MHPL owns 100% interest in AIPL. Pursuant to Section 7 of the Act, ARCPL is deemed to be interested in the shares held by AIPL in the Company.
(6) MHPL owns 100% interest in AIPL. Pursuant to Section 7 of the Act, MHPL is deemed to be interested in the shares held by AIPL in the Company.