Unitholdings

Distribution of Unitholdings

As at 10 March 2025

Size of Unitholdings Number of Unitholders % Number of Units %
1 - 99 615 4.64 26,936 0.00
100 - 1,000 966 7.28 648,932 0.03
1,001 - 10,000 5,091 38.38 28,901,725 1.38
10,001 - 1,000,000 6,527 49.20 441,399,773 21.03
1,000,001 and above 67 0.50 1,627,810,007 77.56
TOTAL 13,266 100.00 2,098,787,373 100.00

Twenty Largest Unitholders

No. Name of Unitholders Number of Units %
1. OLH HEALTHCARE INVESTMENTS PTE LTD 480,000,000 22.87
2. CITIBANK NOMINEES SINGAPORE PTE LTD 397,169,836 18.92
3. DBS NOMINEES (PRIVATE) LIMITED 145,099,306 6.91
4. FIRST REIT MANAGEMENT LIMITED 100,820,475 4.80
5. RHB BANK NOMINEES PTE LTD 100,000,000 4.76
6. RAFFLES NOMINEES (PTE.) LIMITED 50,082,857 2.39
7. HSBC (SINGAPORE) NOMINEES PTE LTD 37,999,590 1.81
8. PHILLIP SECURITIES PTE LTD 34,889,981 1.66
9. DBSN SERVICES PTE. LTD. 27,176,247 1.29
10. UNITED OVERSEAS BANK NOMINEES (PRIVATE) LIMITED 25,936,410 1.24
11. IFAST FINANCIAL PTE. LTD. 21,337,550 1.02
12. OCBC NOMINEES SINGAPORE PRIVATE LIMITED 20,548,807 0.98
13. ABN AMRO CLEARING BANK N.V. 19,575,114 0.93
14. OCBC SECURITIES PRIVATE LIMITED 16,340,615 0.78
15. MAYBANK SECURITIES PTE. LTD. 13,568,031 0.65
16. MOOMOO FINANCIAL SINGAPORE PTE. LTD. 11,825,852 0.56
17. CGS INTERNATIONAL SECURITIES SINGAPORE PTE. LTD. 9,824,609 0.47
18. UOB KAY HIAN PRIVATE LIMITED 7,624,989 0.36
19. SNG KAY BOON TERENCE 7,476,200 0.36
20. LIM CHEE YEW (LIN ZHIYOU) 6,000,000 0.29
TOTAL 1,533,296,469 73.05

Substantial Unitholders
(As recorded in the Register of Substantial Unitholders’ Unitholdings as at 10 March 2025)

No. of Units Direct Interest %(21) No. of Units Deemed Interest %(21)
1. First REIT Management Limited (“FRM”) 219,006,655 10.43 - -
2. OLH Healthcare Investments Pte. Ltd. ("OHI") 677,997,828 32.30 - -
3. OUELH (Singapore) Pte. Ltd. (“OUELH (Singapore)”) - - 677,997,828(1) 32.30
4. OUELH (SEA) Pte. Ltd. (“OUELH (SEA)”) - - 677,997,828(1) 32.30
5. OUE Healthcare Limited ("OUEH") - - 897,004,483(1)(2) 42.74
6. Treasure International Holdings Pte. Ltd. (“TIHPL”) - - 897,004,483(1)(2) 42.74
7. OUE Limited ("OUE") - - 950,475,700(1)(2)(3) 45.29
8. OUE Realty Pte. Ltd. ("OUER") - - 950,475,700(4) 45.29
9. Golden Concord Asia Limited ("GCAL") - - 950,475,700(5) 45.29
10. Fortune Crane Limited ("FCL") - - 950,475,700(6) 45.29
11. Lippo ASM Asia Property Limited ("LAAPL") - - 950,475,700(7) 45.29
12. HKC Property Investment Holdings Limited ("HKC Property") - - 950,475,700(8) 45.29
13. Hongkong Chinese Limited ("HCL") - - 950,475,700(9) 45.29
14. Lippo Capital Limited ("LCL") - - 952,120,288(10) 45.37
15. Lippo Capital Holdings Company Limited ("LCH") - - 952,120,288(11) 45.37
16. Lippo Capital Group Limited ("LCG") - - 952,120,288(12) 45.37
17. Admiralty Station Management Limited ("Admiralty") - - 950,475,700(13) 45.29
18. Argyle Street Management Limited ("ASML") - - 950,475,700(14) 45.29
19. Argyle Street Management Holdings Limited ("ASMHL") - - 950,475,700(15) 45.29
20. Mr Kin Chan - - 950,475,700(16) 45.29
21. Mr V-Nee Yeh - - 950,475,700(17) 45.29
22. PT Trijaya Utama Mandiri (“PT TUM”) - - 952,120,288(18) 45.37
23. Mr James Tjahaja Riady - - 952,120,288(19) 45.37
24. Dr Stephen Riady - - 952,120,288(20) 45.37

Notes:

  1. OHI is 100% owned by OUELH (Singapore). OUELH (Singapore) is 100% owned by OUELH (SEA). OUELH (SEA) is 100% owned by OUEH. TIHPL, a subsidiary of OUE, directly holds 70.36% of the total issued share capital of OUEH. Accordingly, each of OUE, TIHPL, OUEH, OUELH (SEA) and OUELH (Singapore) has a deemed interest in OHI’s interest in the Units.
  2. FRM is 40% directly held by OUEH and 60% directly held by OUE. Accordingly, each of OUEH and OUE has a deemed interest in FRM’s interest in the Units. TIHPL directly holds 70.36% of the total issued share capital of OUEH and has a deemed interest in the Units in which OUEH has a deemed interest.
  3. Further, OUE is deemed to have an interest in the 53,471,217 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. LCL is an intermediate holding company of HKC Property and Hongkong China Treasury Limited (“HKCTL”). 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 1,644,588 Units held by HKCTL (the “HKCTL Units”).
  11. LCH is an intermediate holding company of HKC Property and HKCTL. 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.
  12. LCG is the holding company of LCH, which in turn is an intermediate holding company of HKC Property and HKCTL. 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.
  13. 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.
  14. 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.
  15. ASMHL is the immediate holding company of ASML. Accordingly, ASMHL is deemed to have an interest in the Units in which ASML has a deemed interest.
  16. 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.
  17. 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.
  18. PT TUM holds more than 20% of the shares in LCL, which in turn is an intermediate holding company of HKC Property and HKCTL. 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.
  19. 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 HKCTL. 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.
  20. 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 HKCTL. 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.
  21. The unitholding percentage is calculated based on 2,098,787,373 issued Units as at 10 March 2025.

Manager's Directors' Unitholdings
(As recorded in the Register of Directors’ Unitholdings as at 21 January 2025)

No. of Units Direct Interest No. of Units Deemed Interest
1. Tan Kok Mian Victor 252,569 -
2. Martin Lechner 3,000,000 -

Free Float

Based on the information made available to the Manager as at 10 March 2025, approximately 54.48% 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 10 March 2025, First REIT does not hold any treasury units and there is no subsidiary holding.