Unitholdings

Unitholdings

As at 15 March 2021

Distribution of Unitholdings

Size of Unitholdings Number of Unitholders % Number of Units %
1 - 99 489 3.44 20,930 0.00
100 - 1,000 1,075 7.56 745,098 0.05
1,001 - 10,000 6,019 42.35 33,892,352 2.12
10,001 - 1,000,000 6,583 46.32 413,518,154 25.87
1,000,001 and above 47 0.33 1,150,092,040 71.96
TOTAL 14,213 100.00 1,598,268,574 100.00

Twenty Largest Unitholders

No. Name of Unitholders Number of Units %
1. CITIBANK NOMINEES SINGAPORE PTE LTD 548,249,942 34.30
2. DBS NOMINEES (PRIVATE) LIMITED 140,622,556 8.80
3. RAFFLES NOMINEES (PTE.) LIMITED 73,000,121 4.57
4. HSBC (SINGAPORE) NOMINEES PTE LTD 44,166,155 2.76
5. OCBC SECURITIES PRIVATE LIMITED 42,225,227 2.64
6. PHILLIP SECURITIES PTE LTD 38,832,281 2.43
7. FIRST REIT MANAGEMENT LIMITED 31,449,217 1.97
8. MAYBANK KIM ENG SECURITIES PTE. LTD. 27,164,868 1.70
9. SNG KAY BOON TERENCE 23,259,000 1.46
10. UNITED OVERSEAS BANK NOMINEES (PRIVATE) LIMITED 19,311,025 1.21
11. DBSN SERVICES PTE. LTD. 18,622,074 1.17
12. ABN AMRO CLEARING BANK N.V. 16,214,310 1.01
13. OCBC NOMINEES SINGAPORE PRIVATE LIMITED 16,156,725 1.01
14. IFAST FINANCIAL PTE. LTD. 15,787,268 0.99
15. MORGAN STANLEY ASIA (SINGAPORE) SECURITIES PTE LTD 14,446,495 0.90
16. CGS-CIMB SECURITIES (SINGAPORE) PTE. LTD. 9,062,949 0.57
17. UOB KAY HIAN PRIVATE LIMITED 8,918,549 0.56
18. LIM CHEE YEW (LIN ZHIYOU) 5,800,000 0.36
19. DB NOMINEES (SINGAPORE) PTE LTD 5,141,000 0.32
20. KGI SECURITIES (SINGAPORE) PTE. LTD. 4,937,020 0.31
TOTAL 1,103,366,782 69.04

Substantial Unitholders
(As recorded in the Register of Substantial Unitholders’ Unitholdings as at 15 March 2021)

No. of Units Direct Interest % No. of Units Deemed Interest %
1. First REIT Management Limited (“FRM”) 149,635,397 9.36 - -
2. OLH Healthcare Investments Pte. Ltd. (“OHI”) 246,850,287 815.44 - -
3. OUELH (Singapore) Pte. Ltd. (“OUELH (Singapore)”) - - 246,850,287(1) 15.44
4. OUELH (SEA) Pte. Ltd. (“OUELH (SEA)”) - - 246,850,287(1) 15.44
5. OUE Lippo Healthcare Limited (“OUELH”) - - 396,485,684(1)(2) 24.81
6. Treasure International Holdings Pte. Ltd. (“TIHPL”) - - 396,485,684(1)(2) 24.81
7. OUE Limited (“OUE”) - - 446,956,901(1)(2)(3) 27.97
8. OUE Realty Pte. Ltd. (“OUER”) - - 446,956,901(4) 27.97
9. Golden Concord Asia Limited (“GCAL”) - - 446,956,901(5) 27.97
10. Fortune Crane Limited (“FCL”) - - 446,956,901(6) 27.97
11. Lippo ASM Asia Property Limited (“LAAPL”) - - 446,956,901(7) 27.97
12. HKC Property Investment Holdings Limited (“HKC Property”) - - 446,956,901(8) 27.97
13. Hongkong Chinese Limited (“HCL”) - - 446,956,901(9) 27.97
14. Hennessy Holdings Limited (“Hennessy”) - - 446,956,901(10) 27.97
15. Prime Success Limited (“PSL”) - - 446,956,901(11) 27.97
16. Lippo Limited (“LL”) - - 448,601,489(12) 28.07
17. Lippo Capital Limited (“LCL”) - - 448,601,489(13) 28.07
18. Lippo Capital Holdings Company Limited (“LCH”) - - 448,601,489(14) 28.07
19. Lippo Capital Group Limited (“LCG”) - - 448,601,489(15) 28.07
20. Admiralty Station Management Limited (“Admiralty”) - - 446,956,901(16) 27.97
21. Argyle Street Management Limited (“ASML”) - - 446,956,901(17) 27.97
22. Argyle Street Management Holdings Limited (“ASMHL”) - - 446,956,901(18) 27.97
23. Kin Chan - - 446,956,901(19) 27.97
24. V-Nee Yeh - - 446,956,901(20) 27.97
25. PT Trijaya Utama Mandiri (“PT TUM”) - - 448,601,489(21) 28.07
26. James Tjahaja Riady - - 448,601,489(22) 28.07
27. Stephen Riady - - 448,601,489(23) 28.07

Notes:

  1. OHI is 100% owned by OUELH (Singapore). OUELH (Singapore) is 100% owned by OUELH (SEA). OUELH (SEA) is 100% owned by OUELH. TIHPL, a subsidiary of OUE, directly holds 64.36% of the total issued share capital of OUELH. Accordingly, each of OUE, TIHPL, OUELH, OUELH (SEA) and OUELH (Singapore) has a deemed interest in OHI’s interest in the Units.
  2. FRM is 40% directly held by OUELH and 60% directly held by OUE. Accordingly, each of OUELH and OUE has a deemed interest in FRM’s interest in the Units. TIHPL directly holds 64.36% of the total issued share capital of OUELH and has a deemed interest in the Units in which OUELH has a deemed interest.
  3. Further, OUE is deemed to have an interest in the 50,471,217 Units held by Clifford Development Pte. Ltd., a subsidiary of OUE.
  4. OUER is the holding company of OUE and has a deemed interest in the Units in which OUE has a deemed interest.
  5. GCAL is the holding company of OUER and has a deemed interest in the Units in which OUER has a deemed interest.
  6. FCL is the holding company of GCAL and has a deemed interest in the Units in which GCAL has a deemed interest.
  7. LAAPL is the holding company of FCL and has a deemed interest in the Units in which FCL has a deemed interest.
  8. LAAPL is jointly held by HKC Property and Admiralty. Accordingly, HKC Property is deemed to have an interest in the Units in which LAAPL has a deemed interest.
  9. HCL is the immediate holding company of HKC Property. Accordingly, HCL is deemed to have an interest in the Units in which HKC Property has a deemed interest.
  10. Hennessy is an intermediate holding company of HKC Property. Accordingly, Hennessy is deemed to have an interest in the Units in which HKC Property has a deemed interest.
  11. PSL is an intermediate holding company of HKC Property. Accordingly, PSL is deemed to have an interest in the Units in which HKC Property has a deemed interest.
  12. LL is an intermediate holding company of HKC Property. Accordingly, LL is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the 1,644,588 Units held by Hongkong China Treasury Limited, a subsidiary of LL (the “HKCTL Units”).
  13. LCL is an intermediate holding company of HKC Property and the immediate holding company of LL. Accordingly, LCL is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the HKCTL Units in which LL has a deemed interest.
  14. LCH is an intermediate holding company of HKC Property and LL. Accordingly, LCH is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the HKCTL Units in which LL has a deemed interest.
  15. LCG is the holding company of LCH, which in turn is an intermediate holding company of HKC Property and LL. Accordingly, LCG is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the HKCTL Units in which LL has a deemed interest.
  16. LAAPL is jointly held by HKC Property and Admiralty. Accordingly, Admiralty is deemed to have an interest in the Units in which LAAPL has a deemed interest.
  17. ASML owns 100% of the voting shares in the capital of Admiralty. Accordingly, ASML is deemed to have an interest in the Units in which Admiralty has a deemed interest.
  18. ASMHL is the holding company of ASML. Accordingly, ASMHL is deemed to have an interest in the Units in which ASML has a deemed interest.
  19. Mr Kin Chan is the beneficial owner of more than 20% of the issued share capital of ASMHL. Accordingly, Mr Kin Chan is deemed to have an interest in the Units in which ASMHL has a deemed interest.
  20. Mr V-Nee Yeh is the beneficial owner of more than 20% of the issued share capital of ASMHL. Accordingly, Mr V-Nee Yeh is deemed to have an interest in the Units in which ASMHL has a deemed interest.
  21. PT TUM holds more than 20% of the shares in LCL, which in turn is an intermediate holding company of HKC Property and the immediate holding company of LL. Accordingly, PT TUM is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the HKCTL Units in which LL has a deemed interest.
  22. Mr James Tjahaja Riady effectively holds all the shares in PT TUM, which holds more than 20% of the shares in LCL. LCL in turn is an intermediate holding company of HKC Property and the immediate holding company of LL. Accordingly, Mr James Tjahaja Riady is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the HKCTL Units in which LL has a deemed interest.
  23. Dr Stephen Riady holds the entire issued share capital of LCG, which is the holding Company of LCH. LCH in turn is an intermediate holding company of HKC Property and LL. Accordingly, Dr Stephen Riady is deemed to have an interest in the Units in which HKC Property has a deemed interest, as well as a deemed interest in the HKCTL Units in which LL has a deemed interest.
  24. The unitholding percentage is calculated based on 1,598, 268,574 issued Units as at 15 March 2021.

Manager's Directors' Unitholdings
(As recorded in the Register of Directors’ Unitholdings as at 21 January 2021)

No. of Units Direct Interest No. of Units Deemed Interest
1. Tan Kok Mian Victor 102,569 -

Free Float

Based on the information made available to the Manager as at 15 March 2021, approximately 71.71% of the Units in First REIT are held in hands of the public. Accordingly, First REIT is in compliance with Rule 723 of the Listing Manual of the SGX-ST.

Treasury Units and Subsidiary Holdings

As at 15 March 2021, First REIT does not hold any treasury units and there is no subsidiary holding.