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Unitholdings

 

As at 29 February 2024

ISSUED AND FULLY PAID STAPLED SECURITIES

3,776,051,995 (Voting Rights: 1 vote per Stapled Security)
Market Capitalisation of S$3,379,566,536 based on market closing Stapled Security price of S$0.895 on 29 February 2024.

DISTRIBUTION OF STAPLED SECURITYHOLDINGS

Size of Stapled Securityholdings No. of Stapled Securityholders % No. of Stapled Securities %
1 – 99 11,704 15.81 566,860 0.01
100 – 1,000 30,996 41.87 11,182,604 0.30
1,001 – 10,000 19,733 26.65 90,836,765 2.41
10,001 – 1,000,000 11,538 15.59 523,554,429 13.86
1,000,001 and above 58 0.08 3,149,911,337 83.42
Total 74,029 100.00 3,776,051,995 100.00

Country No. of Stapled Securityholders % No. of Stapled Securities %
Singapore 71,387 96.43 3,755,641,155 99.46
Malaysia 1,712 2.31 12,771,761 0.34
Others 930 1.26 7,639,079 0.20
Total 74,029 100.00 3,776,051,995 100.00

TWENTY LARGEST STAPLED SECURITYHOLDERS

No. Name No. of Units %1
1 Somerset Capital Pte Ltd 596,287,750 15.79
2 Citibank Nominees Singapore Pte Ltd 539,512,636 14.28
3 DBS Nominees (Private) Limited 348,773,305 9.23
4 CapitaLand Ascott Trust Management Limited 280,931,465 7.43
5 Raffles Nominees (Pte.) Limited 229,686,643 6.08
6 HSBC (Singapore) Nominees Pte Ltd 219,572,781 5.81
7 The Ascott Limited 189,510,989 5.01
8 CapitaLand Group Pte Ltd 153,542,083 4.06
9 DBSN Services Pte. Ltd. 150,827,045 3.99
10 United Overseas Bank Nominees (Private) Limited 106,765,793 2.82
11 BPSS Nominees Singapore (Pte.) Ltd 49,896,697 1.32
12 AHDF Pte Ltd 36,660,272 0.97
13 Phillip Securities Pte Ltd 22,693,590 0.60
14 Ko Woon Hong 22,280,405 0.59
15 UOB Kay Hian Private Limited 16,995,855 0.45
16 OCBC Securities Private Limited 14,704,960 0.38
17 OCBC Nominees Singapore Private Limited 13,560,473 0.35
18 DB Nominees (Singapore) Pte Ltd 13,273,496 0.35
19 BNP Paribas Nominees Singapore Pte. Ltd. 12,942,657 0.34
20 iFAST Financial Pte. Ltd 12,085,433 0.32
  Total 3,030,504,328 80.17

 

  1. The percentage is based on 3,776,051,995 Stapled Securities in issue as at 29 February 2024. Percentages are rounded down to the nearest 0.01%.

DIRECTORS' INTERESTS IN STAPLED SECURITIES AND CONVERTIBLE SECURITIES AS AT 21 JANUARY 2024

Based on the Register of Directors’ Stapled Securityholdings as at 21 January 2024, the direct and deemed interests of each of the Directors in Stapled Securities and convertible securities issued by CLAS are as follows:

 
No. of Stapled Securities
Contingent Awards of Stapled Securities under the Managers'
Name of Director
Direct Interest
Deemed Interest
Performance Stapled Security Plan1
Restricted Stapled Security Plan
Tan Beng Hai, Bob
167,510
-
-
-
Teo Joo Ling, Serena
57,064
-
0 to 560,9722
110,9133,4
Sim Juat Quee Michael Gabriel
113,920
-
-
-
Chia Kim Huat
136,988
-
-
-
Deborah Lee Siew Yin
39,218
-
-
-
Max Loh Khum Whai
120,000
-
-
-
Goh Soon Keat Kevin
234,319
-
-
-
Beh Siew Kim
1,872,934
-
0 to 814,4362
314,5233,4

  1. This refers to the number of Stapled Securities which are the subject of contingent awards granted or finalised but not released under the REIT Manager’s Performance Stapled Security Plan and the Restricted Stapled Security Plan (“RSSP”).
  2. The final number of Stapled Securities to be released will depend on the achievement of pre-determined targets at the end of the three-year performance periods. The final number of Stapled Securities that will be released could range from 0% to 200% of the baseline award. The Nominating and Remuneration Committee of the REIT Manager has the discretion to adjust the number of Stapled Securities released taking into consideration other relevant quantitative and qualitative factors. The Stapled Securities released, if any, will be delivered in a combination of stapled securities and cash.
  3. Being the unvested Stapled Securities under the RSSP.
  4. On the final vesting, an additional number of Stapled Securities of a total value equal to the value of the accumulated distributions which are declared during each of the vesting periods and deemed foregone due to the vesting mechanism of the RSSP, will also be released.

SUBSTANTIAL STAPLED SECURITYHOLDERS' STAPLED SECURITYHOLDINGS

Based on the Register of Substantial Stapled Securityholders as at 29 February 2024, the names of the Substantial Stapled Securityholders of CLAS and a breakdown of their direct and deemed interests are as follows:

 
Direct Interest
Deemed Interest
Name of Substantial Stapled Securityholder
No. of Stapled Securities
%1
No. of Stapled Securities
%1
Temasek Holdings (Private) Limited2 ("Temasek")
-
-
1,269,813,108
33.62
Tembusu Capital Pte. Ltd.3 ("Tembusu")
-
-
1,245,319,512
32.97
Bartley Investments Pte. Ltd.4,5 ("Bartley")
-
-
1,232,558,794
32.64
Mawson Peak Holidings Pte. Ltd.4,5 ("Mawson")
-
-
1,232,558,794
32.64
Glenville Investments Pte. Ltd.4,5 ("Glenville")
-
-
1,232,558,794
32.64
TJ Holdings (III) Pte. Ltd.4,5 ("TJHIII")
-
-
1,232,558,794
32.64
CLA Real Estate Holdings Pte. Ltd.6 ("CLA")
-
-
1,232,558,794
32.64
CapitaLand Group Pte. Ltd.7 ("CLG")
153,542,083
4.06
1,079,016,711
28.57
CapitaLand Investment Limited8 ("CLI")
-
-
1,079,016,711
28.57
The Ascott Limited9 ("Ascott")
189,510,989
5.01
596,287,750
15.79
Somerset Capital Pte. Ltd. ("SCPL")
596,287,750
15.79
-
-
CapitaLand Ascott Trust Management Limited ("CLASML")
280,931,465
7.43
-
-

  1. The percentage is based on 3,776,051,995 Stapled Securities in issue as at 29 February 2024. Percentages are rounded down to the nearest 0.01%.
  2. Temasek is deemed to have an interest in the Stapled Securityholdings in which its subsidiaries (including but not limited to CLA) and associated company have or are deemed to have an interest pursuant to Section 4 of the Securities and Futures Act 2001 ("SFA").
  3. Tembusu is deemed to have an interest in the Stapled Securityholdings in which its subsidiaries (including but not limited to CLA) have or are deemed to have an interest pursuant to Section 4 of the SFA.
  4. Temasek holds 100% of the equity interest in Tembusu, which holds 100% of the equity interest in Bartley, which holds 100% of the equity interest in Mawson, which holds 100% of the equity interest in Glenville, which holds 100% of the equity interest in TJHIII, which holds 100% of the equity interest in CLA, which holds 100% equity interest in CLG. CLI is a subsidiary of CLG.
  5. Each of Temasek, Tembusu, Bartley, Mawson, Glenville and TJHIII is deemed to have an interest in the Stapled Securityholdings in which CLA is deemed to have an interest pursuant to Section 4 of the SFA.
  6. CLA is deemed to have an interest in the Stapled Securityholdings in which CLG has or is deemed to have an interest pursuant to Section 4 of the SFA.
  7. CLG is deemed to have an interest in the Stapled Securityholdings that CLI is deemed to have an interest pursuant to Section 4 of the SFA.
  8. CLI is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiaries namely, Ascott, SCPL (through Ascott), CLASML, CapitaLand Ascott Business Trust Management Pte. Ltd. and Carmel Plus Pte. Ltd..
  9. Ascott is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiary, SCPL.

PUBLIC FLOAT

Based on the information available to the Managers as at 29 February 2024, approximately 66.2% of the Stapled Securities were held in the hands of the public. Rule 723 of the Listing Manual of the SGX-ST has accordingly been complied with.