City Developments Limited's (SGX:C09) largest shareholders are private companies with 54% ownership, individual investors own 33%

In This Article:

Key Insights

  • City Developments' significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public

  • A total of 2 investors have a majority stake in the company with 54% ownership

  • Institutional ownership in City Developments is 13%

If you want to know who really controls City Developments Limited (SGX:C09), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 54% to be precise, is private companies. Put another way, the group faces the maximum upside potential (or downside risk).

Individual investors, on the other hand, account for 33% of the company's stockholders.

In the chart below, we zoom in on the different ownership groups of City Developments.

Check out our latest analysis for City Developments

ownership-breakdown
SGX:C09 Ownership Breakdown March 24th 2025

What Does The Institutional Ownership Tell Us About City Developments?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in City Developments. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see City Developments' historic earnings and revenue below, but keep in mind there's always more to the story.

earnings-and-revenue-growth
SGX:C09 Earnings and Revenue Growth March 24th 2025

We note that hedge funds don't have a meaningful investment in City Developments. Hong Leong Investment Holdings Pte. Ltd. is currently the company's largest shareholder with 49% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.1% and 2.2%, of the shares outstanding, respectively.

To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.