In recent developments, Yangzijiang Shipbuilding (Holdings) Ltd. (SGX:BS6) and IVE Group Limited have both experienced a notable increase in retail investor ownership. Retail investors now maintain a substantial presence within both companies, with Yangzijiang Shipbuilding holding a 43% stake, while IVE Group boasts an impressive 56%. This suggests that the fortunes of these investors are closely tied to the performance of these companies.
For Yangzijiang Shipbuilding, the majority of its shares are held by its largest shareholder, YZJ Settlement Julius Baer Trust Company, which owns 22% of the outstanding shares. Following closely behind are Lido Point Investments Ltd. and T. Rowe Price Group, Inc., holding 10.0% and 7.0% of the shares, respectively. Private entities constitute an additional 32% of the company’s shareholder base.
The presence of institutional investors on Yangzijiang Shipbuilding’s share registry lends credibility to the company in the eyes of professional investors. It is worth noting, however, that institutions can at times make investment decisions that lead to swift and substantial fluctuations in share prices.
Turning to IVE Group, the largest shareholding belongs to Geoff Selig, the company’s Top Key Executive, who possesses 5.7% of the shares. Anthony Young and Castle Point Funds Management Ltd. follow as the second and third largest shareholders, holding 4.9% and 4.6% of the shares, respectively. Individual insiders collectively account for 21% of the company’s stockholders.
Institutional investors also feature prominently on IVE Group’s share registry, indicating a level of credibility within the broader investment community. However, it is prudent to exercise caution, as simultaneous sell-offs by large institutional investors can precipitate significant declines in share prices.
Ten percent of IVE Group’s stock is owned by private companies, but further inquiry is necessary to ascertain the identities behind these private entities. Notably, insiders retain a significant stake in IVE Group Limited, with holdings valued at AU$61 million (with the exchange rate at $1 = AUD1.5586) in the AU$286 million company.
