Teo Kiang Ang
Non-Executive Chairman
Annual Report 2025 board and management disclosure; current appointment not inferredUnion Gas 1F2
SGD 0.445
-1.12% -0.01 Updated 13 Nov 2026, 17:16 SGT
Company profile
The business, the people and the ownership behind Union Gas.
Investor relations ↗Official company website
Business overview
About the company
Union Gas supplies fuel products in Singapore. Its business spans gas fuels, liquid fuels, electric vehicle charging services and industrial gases, combining traditional fuel distribution with services for other energy and industrial applications.
Listed security
Company & listing
- Full Company Name
- UNION GAS HOLDINGS LIMITED
- Trading Currency
- SGD
- Website
- www.uniongas.com.sg
- Listing
- Listed on 21 July 2017 on Catalist 19 July 2021 on MAINBOARD
- ISIN Code
- SG1DI1000002
Board & management
Leadership
Board roles follow the FY2025 annual report. Heng Chye Kiou is disclosed as planning retirement at the forthcoming AGM; the report statement is retained as dated information. The three Key Executives are identified with their management titles.
Loo Hock Leong
Lead Independent Director
Annual Report 2025 board and management disclosure; current appointment not inferredHeng Chye Kiou
Independent Director
Annual Report 2025 board and management disclosure; current appointment not inferredWill retire under Regulation 117 and will not seek re-election as director at the forthcoming AGM, as stated in the annual report.
Prospective AGM event in Annual Report 2025; completion is not inferredTeo Hark Piang
Executive Director
Annual Report 2025 board and management disclosure; current appointment not inferredChief Executive Officer
Annual Report 2025 board and management disclosure; current appointment not inferredYee Chia Hsing
Independent Director
Annual Report 2025 board and management disclosure; current appointment not inferredTeo Woo Yang
Business Development Director
Key executivesSim Lai Kitt
Group General Manager
Key executivesHong Pay Leng
Chief Financial Officer
Key executivesAudit Committee chair
Loo Hock Leong
FY2025 annual report disclosureRemuneration Committee chair
Yee Chia Hsing
FY2025 annual report disclosureNominating Committee chair
Heng Chye Kiou
FY2025 annual report disclosureCompany secretary
Wong Yoen Har — Chartered Secretary Singapore
FY2025 annual report disclosureRegistered office and principal place of business
89 Defu Lane 10, Union Gas House, Singapore 539220
FY2025 annual report disclosureTelephone
(+65) 6316 6666
FY2025 annual report disclosureFax
(+65) 6743 0467
FY2025 annual report disclosureShare registrar
Boardroom Corporate & Advisory Services Pte. Ltd.
FY2025 annual report disclosureShare registrar office
1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632
FY2025 annual report disclosureAuditor
RSM SG Assurance LLP
FY2025 annual report disclosureAuditor office
8 Wilkie Road, #03-08 Wilkie Edge, Singapore 228095
FY2025 annual report disclosureInvestor relations email
FY2025 annual report disclosureCorporate website
www.uniongas.com.sg
FY2025 annual report disclosureInvestor relations adviser
August Consulting; Wrisney Tan: [email protected]; Victoria Lim: [email protected]
FY2025 annual report disclosureCompany registration number
201626970Z
FY2025 annual report disclosureRoles listed in Union Gas Holdings Annual Report 2025; current appointments are not independently verified.
Holdings
Ownership
Shareholding statistics are as at 19 March 2026 and use 317,545,642 ordinary shares excluding treasury shares.
Teo Kiang Ang’s direct interest is printed as 21.35%; his 67,813,500 shares divided by the stated base rounds to 21.36%. The original percentage is retained (PDF pp. 126–127).
The 43,850,000 Citibank and 20,000,000 DBS nominee-held shares are specifically identified as parts of Teo Kiang Ang’s direct interest. They are not the nominees’ full top20 holdings.
The top20 heading does not specify registered/depository classification. The directors’ start/end holdings relate to FY2025 and are distinct from the March 2026 statistics. Deemed interests overlap with the Union Energy Corporation block.
Teo Kiang Ang
35.47%Total interest
Direct: 67,813,500 shares21.35%deemed: 112,639,835 shares
Substantial shareholders register; direct and deemed interests As reported at 2026-03-19 Union Energy Corporation Pte. Ltd.
Direct: 112,639,835 shares; 35.47%; deemed: – shares; –%
Substantial shareholders register; direct and deemed interests As reported at 2026-03-19Teo Hark Piang
Direct: 28,027,840 shares; 8.83%; deemed: – shares; –%
Substantial shareholders register; direct and deemed interests As reported at 2026-03-19UNION ENERGY CORPORATION PTE LTD
18.47%Total interest
58,649,905 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 CITIBANK NOMINEES SINGAPORE PTE LTD
14.39%Total interest
45,694,103 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 DBS NOMINEES (PRIVATE) LIMITED
11.40%Total interest
36,190,404 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 CGS INTERNATIONAL SECURITIES SINGAPORE PTE. LTD.
9.87%Total interest
31,328,356 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 TEO HARK PIANG (ZHANG XUEBIN)
8.83%Total interest
28,027,840 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 DBS VICKERS SECURITIES (SINGAPORE) PTE LTD
7.72%Total interest
24,516,550 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 OCBC SECURITIES PRIVATE LIMITED
2.72%Total interest
8,650,827 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 TEO SOAK THENG ALEXIS (ZHANG SHUTING)
2.44%Total interest
7,742,946 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 ALICE TEO SOAK IMN (ALICE ZHANG SHUYING)
1.58%Total interest
5,032,046 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 TEO KIANG ANG
1.25%Total interest
3,963,500 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 ELLEN TEO SOAK HOON
1.09%Total interest
3,457,244 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 PHILLIP SECURITIES PTE LTD
0.71%Total interest
2,245,962 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 NG PAU LING SIMON
0.64%Total interest
2,045,200 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 NG THIAN SAI
0.63%Total interest
1,992,800 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 YC GLOBAL CAPITAL PTE LTD
0.57%Total interest
1,800,000 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 MAYBANK SECURITIES PTE. LTD.
0.56%Total interest
1,790,507 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 CHAN WENG KONG
0.56%Total interest
1,780,000 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 LOK KEE FONG
0.48%Total interest
1,538,891 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 UOB KAY HIAN PRIVATE LIMITED
0.40%Total interest
1,284,737 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 TIGER BROKERS (SINGAPORE) PTE. LTD.
0.40%Total interest
1,274,351 shares
Twenty largest shareholder schedule, as at 19 March 2026; nominee names do not identify underlying beneficial holders As reported at 2026-03-19 Teo Kiang Ang
Direct 67,813,500 at start and 67,813,500 at year end; deemed 119,106,435 at start and 118,766,435 at year end
Direct and deemed interests of directors: beginning and end of FY2025; original values not present-day holdings As reported at 2025-12-31Teo Hark Piang
Direct 25,577,000 at start and 25,577,000 at year end; deemed – at start and – at year end
Direct and deemed interests of directors: beginning and end of FY2025; original values not present-day holdings As reported at 2025-12-31Loo Hock Leong
Direct 800,000 at start and 800,000 at year end; deemed – at start and – at year end
Direct and deemed interests of directors: beginning and end of FY2025; original values not present-day holdings As reported at 2025-12-31Total interests include direct and deemed holdings and may overlap across holders. These percentages should not be added together.
Registered & depository holders 2 holders
Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. As reported at 2026-03-19 · PDF p. 127
| Registered holder | Interest | Shares / units | Source |
|---|---|---|---|
| Citibank Nominees Singapore Pte. Ltd. | 43,850,000 shares registered for Teo Kiang Ang; this is a portion of his direct interest, not the nominee’s full shareholding. | PDF p. 1272026-03-19 | |
| DBS Nominees (Private) Limited | 20,000,000 shares registered for Teo Kiang Ang; this is a portion of his direct interest, not the nominee’s full shareholding. | PDF p. 1272026-03-19 | |
Group structure
Main operating subsidiaries and other group entities
Note 18 lists ten Company-held subsidiaries and two held through U-Global. Effective equity, cost, country and activity follow the original table. PT Global Industrial Gases is a 95% subsidiary in Indonesia. U Cambodia is disclosed as deregistered during FY2025; its prior-year 100% interest remains part of the source comparison.
| Company | Market | Ownership interest |
|---|---|---|
| Union Energy Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: Sale of LPG and related products to domestic households; cost (SGD thousands, FY2025/FY2024) 3,100 and 3,100; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| Union Gas Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: Sale of NG, diesel and petrol in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 9,700 and 9,700; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| Union LPG Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: Sale of LPG in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 11,700 and 11,700; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| U-Global Pte. Ltd. (“U-Global”)Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: Investment holding and sale of CNG in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 1 and 1; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| Sembas (Asia) Trading Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: Sale of LPG in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 31,283 and 31,283; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| Summit Gas Systems Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: LPG bottler and sale of LPG in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 27,288 and 27,288; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| Semgas Supply Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 105 | Singapore; activity: LPG bottler and sale of LPG in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 25,233 and 25,233; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| Nguan Huat L P Gas Supplier Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 106 | Singapore; activity: Retail sale of LPG and related wholesale markets and storage of LPG products; cost (SGD thousands, FY2025/FY2024) 2,259 and 2,259; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| You Cai Engineering Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 106 | Singapore; activity: General contractors and building construction works; cost (SGD thousands, FY2025/FY2024) 33 and 33; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| KK Gas Services Pte. Ltd.Subsidiary schedule; held by Union Gas Holdings Limited; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 106 | Singapore; activity: Sale of LPG in retail and wholesale markets; cost (SGD thousands, FY2025/FY2024) 1 and 1; effective equity held (%, FY2025/FY2024) 100 and 100 | |
| PT Global Industrial GasesSubsidiary schedule; held by U-Global Pte. Ltd.; FY2025/FY2024 cost and effective equity interest in original column orderPDF p. 106 | Indonesia; activity: Sale of basic inorganic chemicals of industrial gas which includes basic chemicals industry business producing industrial gases; effective equity held (%, FY2025/FY2024) 95 and 95 | |
| U Cambodia Pte. Ltd.Historical subsidiary schedule; held through U-Global Pte. Ltd.; deregistered during FY2025, not a current operating subsidiaryPDF p. 106 | Singapore; activity: Investment holding; effective equity held (%, FY2025/FY2024) – and 100; Deregistered during FY2025, as explicitly disclosed below the original table. | |
Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.
Senior executives
Key management
Key management
| Item | Value | Period / scope | Source |
|---|---|---|---|
| TEO WOO YANG | Business Development Director | PDF p. 11 | |
| SIM LAI KITT | Group General Manager | PDF p. 11 | |
| HONG PAY LENG | Chief Financial Officer | PDF p. 11 | |
| Wong Yoen Har | Company Secretary | PDF p. 131 |
Extracted from Union Gas Holdings Annual Report 2025 and checked against the cited pages; see the original report for full context.
Related parties, people & properties
Other disclosures
Related party transactions
| Item | Value | Period / scope | Source |
|---|---|---|---|
| INTERESTED PERSON TRANSACTIONS (“IPT”) | There are no interested person transactions fall under aggregate value of all interested person transactions | FY2025 | PDF p. 67 |
Contingent liabilities
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Guarantees | $17,101,000 | Company; performance guarantees issued by financial institutions in favour of suppliers of subsidiaries; 2024: $19,758,000 | PDF p. 92 |
| Financial guarantee contracts – bank guarantee in favour of subsidiaries | 17,101 $'000 | Company, 2025, total maturity analysis (less than 1 year 15,683; 2-5 years 1,418) | PDF p. 123 |
Director remuneration
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Remuneration of directors | 1,939 $'000 | Group, 2025 (2024: 1,274) | PDF p. 91 |
| Fees to directors | 783 $'000 | Group, 2025 (2024: 774) | PDF p. 91 |
| Teo Hark Piang | Above $1,750,000 | FY2025 | PDF p. 58 |
| Teo Kiang Ang | Between $500,001 to $750,000 | FY2025 | PDF p. 58 |
| Loo Hock Leong | Below $250,000 | FY2025 | PDF p. 58 |
| Key Management Personnel aggregate remuneration | approximately $2,079,000 | Top 5 Key Management Personnel (non-directors), FY2025 | PDF p. 59 |
Employees
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Total staff strength | 4096 employees | Group, as of 31 December 2025 · As at 2025-12-31 | PDF p. 31 |
Properties
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Asset: | Leasehold industrial unit | Group investment property, valuation December 2025 | PDF p. 103 |
Extracted from Union Gas Holdings Annual Report 2025 and checked against the cited pages; see the original report for full context.
Corporate information
Registration & contacts
- Incorporated In
- SINGAPORE
- Incorporated On
- 03 Oct 2016
- Telephone
- +65 6316 6666
- Fax
- +65 6743 0467
- Registered Office
-
89 Defu Lane 10,
Union Gas House,
Singapore 539220 - Secretary
- Wong Yoen Har
- Registrar / Transfer Agent
- BOARDROOM CORPORATE & ADVISORY SERVICES PTE. LTD.
- Registrar Address
- 1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632
- Auditors
- RSM SG ASSURANCE LLP
- Other Stock Exchange Listings
- *SINGAPORE EXCHANGE LTD.
- Country
- SINGAPORE
- Security Type
- stocks