Governance structure
unlisted parent company, etc.; other affiliated company), voting rights ownership ratio of 32.34% (direct ownership: 32.34%; no portion subject to aggregation
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
Swiss-Asia Financial Services Pte. Ltd. ceased to qualify as a major shareholder and other affiliated company as of 14 July 2025, and Axium Capital Pte. Ltd. became a major shareholder and other affiliated company as of 15 July 2025. Of the 10 directors elected at the annual general meeting of shareholders held on 23 June 2026, 5 were nominated as candidates and elected through a shareholder proposal by Swiss-Asia Financial Services. One representative director concurrently serves as Chief Executive Officer of Axium Capital.
| Item | Details |
|---|---|
| Number of directors | 10 directors in total, of whom the number of outside directors was not disclosed |
| Controlling shareholder | Axium Capital Pte. Ltd. (unlisted parent company, etc.; other affiliated company), voting rights ownership ratio of 32.34% (direct ownership: 32.34%; no portion subject to aggregation) |
| Changes this time | Swiss-Asia Financial Services Pte. Ltd. ceased to qualify as a major shareholder and other affiliated company as of 14 July 2025, and Axium Capital Pte. Ltd. became a major shareholder and other affiliated company as of 15 July 2025. Of the 10 directors elected at the annual general meeting of shareholders held on 23 June 2026, 5 were nominated as candidates and elected through a shareholder proposal by Swiss-Asia Financial Services. One representative director concurrently serves as Chief Executive Officer of Axium Capital. |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To disclose matters concerning controlling shareholders, etc. The company was informed that disclosure of the parent company’s financial results and other information was not possible due to confidentiality obligations and the protection of the interests of fund investors and others, and timely disclosure was therefore exempted.