inverstor-relations

Unitholdings Statistics

As at 24 March 2023

ISSUED AND FULLY PAID-UP UNITS
7,184,649,079 Ordinary Units (voting rights: one vote per Unit)
Market Capitalisation S$2,335,010,951 (based on closing price of S$0.325 as at 24 March 2023)

Size of Unitholdings No. of Units % of Units in Issue No. of Unitholders % of Unitholders
1 - 99 29,104 0.00 649 2.65
100 - 1,000 534,935 0.01 961 3.92
1,001 - 10,000 35,820,075 0.50 6,675 27.25
10,001 - 1,000,000 1,143,998,896 15.92 16,048 65.51
1,000,001 and above 6,004,266,069 83.57 165 0.67
Total 7,184,649,079 100.00 24,498 100.00


Twenty Largest Unitholders

As shown in the Register of Unitholders

No. Name No. of Units % of Units in Issue
1 CITIBANK NOMINEES SINGAPORE PTE LTD 1,861,021,494 25.90
2 DBS NOMINEES PTE LTD 703,068,061 9.79
3 HSBC (SINGAPORE) NOMINEES PTE LTD 634,231,663 8.83
4 RHB BANK NOMINEES PTE LTD 513,660,138 7.15
5 RAFFLES NOMINEES (PTE.) LIMITED 483,886,140 6.74
6 DBS VICKERS SECURITIES (SINGAPORE) PTE LTD 346,558,781 4.82
7 DBSN SERVICES PTE. LTD. 301,635,869 4.20
8 UNITED OVERSEAS BANK NOMINEES (PRIVATE) LIMITED 189,263,547 2.63
9 ESR FUNDS MANAGEMENT (S) LIMITED 110,740,318 1.54
10 PHILLIP SECURITIES PTE LTD 80,855,778 1.13
11 DB NOMINEES (SINGAPORE) PTE LTD 48,568,787 0.68
12 OCBC SECURITIES PRIVATE LIMITED 41,144,813 0.57
13 MEIBAN INVESTMENT PTE LTD 38,572,775 0.54
14 OCBC NOMINEES SINGAPORE PRIVATE LIMITED 36,840,895 0.51
15 IFAST FINANCIAL PTE. LTD. 33,684,541 0.47
16 NOMURA SINGAPORE LIMITED 33,103,539 0.46
17 CGS-CIMB SECURITIES (SINGAPORE) PTE. LTD. 28,748,943 0.40
18 MAYBANK SECURITIES PTE. LTD. 28,147,105 0.39
19 ESR-LOGOS PROPERTY MANAGEMENT (S) PTE. LTD. 25,135,550 0.35
20 BPSS NOMINEES SINGAPORE (PTE.) LTD. 24,099,833 0.34
5,562,968,570 77.44


Interests Of Substantial Unitholders

The interests of the Substantial Unitholders in Units as recorded in the Register of Substantial Unitholders as at 24 March 2023 are set out below.

Substantial Unitholders Direct Interest
No. of Units

%*
Deemed Interest
No. of Units

%*
Total Interest
No. of Units

%*
Mr. Tong Jinquan 172,802,987 2.41% 255,184,832(1) 3.55% 427,987,819 5.96%
e–Shang Infinity Cayman Limited 530,892,503 7.39% 135,875,868(2) 1.89% 666,768,371 9.28%
e–Shang Jupiter Cayman Limited - - 666,768,371(3) 9.28% 666,768,371 9.28%
LOGOS Property Group Limited - - 469,407,132(4) 6.53% 469,407,132 6.53%
ARA Logistics Ventures I Limited - - 469,407,132(4) 6.53% 469,407,132 6.53%
ARA Logistics Partners Limited - - 469,407,132(4) 6.53% 469,407,132 6.53%
ARA Logistics (Holdings) Pte. Ltd. - - 469,407,132(4) 6.53% 469,407,132 6.53%
ARA Asset Management Limited - - 469,407,132(4) 6.53% 469,407,132 6.53%
ESR Group Limited - - 1,000,299,635(3)(4) 13.92% 1,000,299,635 13.92%

* Based on Substantial Unitholders’ disclosures in respect of interests in securities

  1. Wealthy Fountain Holdings Inc holds 60 Units and Skyline Horizon Consortium Ltd holds 13,172,094 Units. Both Wealth Fountain Holdings Inc and Skyline Horizon Consortium Ltd are wholly owned by Shanghai Summit Pte. Ltd. (“SSPL”). Leading Wealth Global Inc holds 242,012,678 Units and is a wholly owned subsidiary of Longement Real Estate Pte Ltd, which is in turn a wholly-owned subsidiary of Shanghai Summit (Group) Co., Ltd. (“SSGCL”). Both SSPL and SSGCL are wholly owned by Mr Tong Jinquan. Therefore, he is deemed to be interested in the 255,184,832 Units held by Wealthy Fountain Holdings Inc, Skyline Horizon Consortium Ltd and Leading Wealth Global Inc.
  2. e-Shang Infinity Cayman Limited indirectly owns 99% equity interest in the Manager and 100.0% equity interest in the ESR-LOGOS Property Management (S) Pte. Ltd. (the “Property Manager”). Each of the Manager and the Property Manager holds 110,740,318 Units and 25,135,550 Units, respectively. Therefore, e-Shang Infinity Cayman Limited is deemed to be interested in the 135,875,868 Units held by the Manager and the Property Manager.
  3. ESR Group Limited is the sole shareholder of e-Shang Jupiter Cayman Limited, which is in turn the sole shareholder of e-Shang Infinity Cayman Limited. Therefore, each of ESR Group Limited and e-Shang Jupiter Cayman Limited is deemed to be interested in the 666,768,371 Units held by e-Shang Infinity Cayman Limited.
  4. LOGOS Units No. 1 Ltd holds 333,531,264 Units and is a wholly-owned subsidiary of LOGOS Property Group Limited (“LPGL”). LOGOS Trust Holdco Pte. Ltd. (“LTHPL”) holds 36% shareholding interest in ESR-LOGOS Investment Management Pte. Ltd. (“ELIM”). ELIM holds a 99% shareholding interest in the Manager and a 100% shareholding interest in the Property Manager. LTHPL is a wholly-owned subsidiary of LOGOS Holdco Pte. Ltd., which is in turn a wholly-owned subsidiary of LPGL. Therefore, LPGL is deemed to be interested in the 469,407,132 Units held by LOGOS Units No. 1 Ltd, the Manager and the Property Manager. ARA Logistics Ventures I Limited holds an 86.4% shareholding interest in LPGL. ARA Logistics Ventures I Limited is a subsidiary of ARA Logistics Partners Limited which is in turn a subsidiary of ARA Logistics (Holdings) Pte. Ltd., which is a wholly-owned subsidiary of ARA Asset Management Limited, which is in turn a wholly-owned subsidiary of ESR Group Limited. Accordingly, ESR Group Limited is deemed to be interested in the 469,407,132 Units held by LOGOS Units No. 1 Ltd, the Manager and the Property Manager.
Director's Interest In Units

As at 21 January 2023

Based on the Register of Directors’ Unitholdings, the interests of the Directors in Units issued by ESR-REIT are as follows.

Directors Direct Interest
No. of Units

%(1)
Deemed Interest
No. of Units

%(1)
Total Interest
No. of Units

%(1)
Ms Stefanie Yuen Thio 265,934 0.0040% 37,951(2) 0.0006 303,885 0.0045%
Mr Nagaraj Sivaram 1,000,000 0.0149% - - 1,000,000 0.0149%
Dr Julie Lo - - - - - -
Mr Jeffrey Perlman - - - - - -
Mr Philip Pearce (Alternate Director to
Mr Jeffrey Perlman
- - - - - -
Dr Leong Horn Kee - - - - - -
Mr Ronald Lim 166,321 0.0025% - - 166,321 0.0025%
Mr Wilson Ang 4,114,579 0.0612% - - 4,114,579 0.0612%
Mr Trent Iliffe 1,586,746 0.0236% - - 1,586,746 0.0236%
Mr Adrian Chui - - - - - -
  1. The percentage interest is computed based on the total number of Units in issue as at 21 January 2023 of 6,719,187,987.
  2. As 37,951 Units are held by Ms Stefanie Yuen Thio’s husband, Ms Stefanie Yuen Thio is deemed to be interested in these Units.
Free Float

Under Rule 723 of the Listing Manual of the SGX-ST, a listed issuer must ensure that at least 10.0% of its listed securities are at all times held by the public. Based on the information made available to the Manager as at 24 March 2023 approximately 76.86% of ESR-LOGOS REIT’s Units are held by the public and therefore, Rule 723 of the listing Manual of the SGX-ST has been complied with.