NamCheong 1MZ

SGD 0.815 +3.07% +0.03 Updated 13 Nov 2026, 10:08 SGT

Company profile

The business, the people and the ownership behind NamCheong.

Business overview

About the company

Nam Cheong supplies offshore support vessels to the offshore oil and gas exploration, production and oilfield services industries. Its business combines vessel chartering with shipbuilding, covering vessel types such as anchor handling tugs, platform supply vessels and accommodation work barges.

Annual Report 2025 ↗ Reviewed 2026-10-23 · Source dated 2026-04-15. PDF p. 6

Listed security

Company & listing

Full Company Name: NAM CHEONG LIMITED
Trading Currency: SGD
Website: www.namcheong.com.my
Listing: Listed on 7 March 2024 on MAINBOARD
ISIN Code: BMG6361R3014

Board & management

Leadership

TAN SRI DATUK TIONG SU KOUK

EXECUTIVE CHAIRMAN

Board of Directors PDF p. 16

MR TIONG CHIONG HIIUNG

EXECUTIVE VICE CHAIRMAN; FINANCE DIRECTOR; MEMBER OF NOMINATING COMMITTEE

Board of Directors PDF p. 17

DATUK LIM TONG LEE

LEAD INDEPENDENT DIRECTOR; CHAIRMAN OF AUDIT COMMITTEE; MEMBER OF NOMINATING COMMITTEE; MEMBER OF REMUNERATION COMMITTEE

Board of Directors PDF p. 18

MR TAN BOON YONG THOMAS

INDEPENDENT DIRECTOR; CHAIRMAN OF NOMINATING COMMITTEE; MEMBER OF AUDIT COMMITTEE; MEMBER OF REMUNERATION COMMITTEE

Board of Directors PDF p. 19

MR YEOH SENG HUAT GEOFFREY

INDEPENDENT DIRECTOR; CHAIRMAN OF REMUNERATION COMMITTEE; MEMBER OF AUDIT COMMITTEE

Board of Directors PDF p. 20

Roles listed in ANNUAL REPORT 2025; current appointments are not independently verified.

Holdings

Ownership

As reported at 2026-04-01 · PDF p. 27

Tan Sri Datuk Tiong Su Kouk

Direct interest 68,988,380 shares (17.33%); deemed interest 26,837,875 shares (6.74%)

Substantial shareholders; ordinary shares of HK$0.001 each; 398,137,130 shares excl. treasury

S.K. Tiong Enterprise Sdn. Bhd.

Direct interest 11,486,856 shares (2.89%); deemed interest 84,339,399 shares (21.18%)

Substantial shareholders; ordinary shares of HK$0.001 each; 398,137,130 shares excl. treasury

Hung Yung Enterprise Sdn. Bhd.

Direct interest 6,399,096 shares (1.61%); deemed interest 89,427,159 shares (22.46%)

Substantial shareholders; ordinary shares of HK$0.001 each; 398,137,130 shares excl. treasury

Puan Sri Datin Wong Bak Hee

Direct interest 1,602,000 shares (0.40%); deemed interest 94,224,255 shares (23.67%)

Substantial shareholders; ordinary shares of HK$0.001 each; 398,137,130 shares excl. treasury

Total interests include direct and deemed holdings and may overlap across holders. These percentages should not be added together.

Registered & depository holders 20 holders

Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. PDF p. 26

Registered holder	Interest	Source
TIONG SU KOUK	Rank 1; 68,988,380 shares; 17.33%	PDF p. 26
DBS NOMINEES PTE. LTD.	Rank 2; 42,836,305 shares; 10.76%	PDF p. 26
OCBC SECURITIES PRIVATE LTD.	Rank 3; 30,708,531 shares; 7.71%	PDF p. 26
UOB KAY HIAN PTE. LTD.	Rank 4; 30,033,527 shares; 7.54%	PDF p. 26
CITIBANK NOMS SPORE PTE. LTD.	Rank 5; 26,534,155 shares; 6.66%	PDF p. 26
BPSS NOMINEES SINGAPORE (PTE.) LTD.	Rank 6; 22,787,200 shares; 5.72%	PDF p. 26
PHILLIP SECURITIES PTE. LTD.	Rank 7; 17,921,556 shares; 4.50%	PDF p. 26
HSBC (SINGAPORE) NOMINEES PTE. LTD.	Rank 8; 17,226,866 shares; 4.33%	PDF p. 26
LEONG SENG KEAT	Rank 9; 15,187,424 shares; 3.81%	PDF p. 26
CGS INTL SECURITIES SINGAPORE PL	Rank 10; 13,782,738 shares; 3.46%	PDF p. 26
TIONG CHIONG SOON	Rank 11; 11,727,411 shares; 2.95%	PDF p. 26
S.K. TIONG ENTERPRISE SDN. BHD.	Rank 12; 11,486,856 shares; 2.89%	PDF p. 26
ABN AMRO CLEARING BANK N.V.	Rank 13; 8,838,895 shares; 2.22%	PDF p. 26
RAFFLES NOMINEES (PTE) LIMITED	Rank 14; 8,196,816 shares; 2.06%	PDF p. 26
HUNG YUNG ENTERPRISE SDN. BHD.	Rank 15; 6,399,096 shares; 1.61%	PDF p. 26
MORGAN STANLEY ASIA (S) SEC PTE. LTD.	Rank 16; 4,575,940 shares; 1.15%	PDF p. 26
UNITED OVERSEAS BANK NOMINEES PL	Rank 17; 4,090,780 shares; 1.03%	PDF p. 26
IFAST FINANCIAL PTE. LTD.	Rank 18; 3,638,226 shares; 0.91%	PDF p. 26
MAYBANK SECURITIES PTE. LTD.	Rank 19; 3,139,863 shares; 0.79%	PDF p. 26
MOOMOO FINANCIAL SINGAPORE PTE. LTD.	Rank 20; 2,354,462 shares; 0.59%	PDF p. 26

Group structure

Main operating subsidiaries

Company	Market	Ownership interest
Nam Cheong Dockyard Sdn. Bhd. (2)Held by the Company; 2025 (2024: 100%)PDF p. 107	Shipbuilding; Malaysia; effective equity held 100%
SKOM Singapore Pte Ltd (f.k.a. Nam Cheong Offshore Pte. Ltd.) (1) (6)Held by the Company; 2025 (2024: 50%)PDF p. 107	Shipbuilding; Singapore; effective equity held -% (2025)
Nam Cheong International Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Shipbuilding; Federal Territory of Labuan, Malaysia; effective equity held 100%
S.K. Marine Sdn. Bhd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Vessel chartering; Malaysia; effective equity held 100%
Nam Cheong Heavy Industries Sdn. Bhd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Dormant; Malaysia; effective equity held 100%
Nam Cheong Marine Pte. Ltd. (1)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Vessel chartering; Singapore; effective equity held 100%
Nam Cheong Marine Sdn. Bhd. (3)Held by Subsidiaries; 2025 (2024: 49%)PDF p. 107	Dormant; Malaysia; effective equity held 49%
NC Design Pte. Ltd. (1)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Design services; Singapore; effective equity held 100%
Nam Cheong Pioneer Sdn. Bhd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Investment holding; Malaysia; effective equity held 100%
SKOSV Sdn. Bhd. (2)Held by Subsidiaries; 2025 (2024: 49%)PDF p. 107	Vessel chartering; Malaysia; effective equity held 49%
Nam Cheong OSV Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
Nam Cheong Venture Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Venture Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Machines Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 107	Trading; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Global Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Pride Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Power Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Precious Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Prudence Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SKOM Sdn. Bhd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Malaysia; effective equity held 100%
SK Capital Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SKOM Ltd. (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
Sinaran Khas Sdn Bhd (2)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Vessel chartering; Malaysia; effective equity held 100%
SKOM Australia Pty Ltd (4)Held by Subsidiaries; 2025 (2024: 100%)PDF p. 108	Dormant; Australia; effective equity held 100%
SK Salasel Marine Transportation Company (5)Held by Subsidiaries; 2025 (2024: 70%)PDF p. 108	Vessel chartering; Saudi Arabia; effective equity held 70%
SKOM Singapore Pte Ltd (f.k.a. Nam Cheong Offshore Pte. Ltd.) (1) (6)Held by Subsidiaries; 2025 (2024: 50%)PDF p. 108	Shipbuilding; Singapore; effective equity held 100%
Marco Polo Offshore (IV) Pte Ltd (2) (7)Held by Subsidiaries; 2025 (2024: -)PDF p. 108	Vessel chartering; Federal Territory of Labuan, Malaysia; effective equity held 100%
SK Marco Polo Sdn. Bhd. (2) (7)Held by Subsidiaries; 2025 (2024: -)PDF p. 108	Vessel chartering; Malaysia; effective equity held 100%

Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.

Senior executives

Key management

Item	Value	Source
MR LEONG SENG KEAT	CHIEF EXECUTIVE OFFICER	PDF p. 21
Tiong Chiong Soon (Joseph)	Executive Director (Operations)	PDF p. 38
Leong Juin Zer Jonathan	Executive Director (Commercial)	PDF p. 38
Loo Hin Loy	General Manager (Marine Operations)	PDF p. 38
Kwan Seng Fatt	General Manager (Shipbuilding and Engineering)	PDF p. 38
Chong Chung Fen	Chief Financial Officer	PDF p. 38
PECK JEN JEN	COMPANY SECRETARY	PDF p. 8

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Shareholding statistics

Share capital & shareholders

Share capital

Item	Value	Period / scope	Source
Number of equity securities	398,137,130 (excluding treasury shares)	as at 1 April 2026 · As at 2026-04-01	PDF p. 27
Class of equity securities	Ordinary share of HK$0.001 each	As at 2026-04-01	PDF p. 27
Voting rights	One vote per share	As at 2026-04-01	PDF p. 27

Treasury shares

Item	Value	Period / scope	Source
Number of treasury shares	1,210,349 shares	As at 2026-04-01	PDF p. 27
Number of subsidiary holdings	Nil	As at 2026-04-01	PDF p. 27

Shareholding distribution

Item	Value	Period / scope	Source
TOTAL	9,141 holders	Distribution of shareholdings total, shareholders	PDF p. 26
1 - 99	5,151 holders; 56.35%; 48,632 shares; 0.01%	size band 1 - 99	PDF p. 26
100 – 1,000	2,605 holders; 28.50%; 942,519 shares; 0.24%	size band 100 – 1,000	PDF p. 26
1,001 - 10,000	931 holders; 10.18%; 3,715,258 shares; 0.93%	size band 1,001 - 10,000	PDF p. 26
10,001- 1,000,000	426 holders; 4.66%; 31,207,365 shares; 7.84%	size band 10,001- 1,000,000	PDF p. 26
1,000,001 AND ABOVE	28 holders; 0.31%; 362,223,356 shares; 90.98%	size band 1,000,001 and above	PDF p. 26
TOTAL	9,141 holders; 100.00%; 398,137,130 shares; 100.00%	all size bands	PDF p. 26

Free float

Item	Value	Period / scope	Source
Percentage of Shareholding in Public hands	approximately 64.87%	as at 1 April 2026 · As at 2026-04-01	PDF p. 27
Percentage of Shareholding in Public hands	Rule 723 of the Listing Manual issued by the SGX-ST is complied with	as at 1 April 2026 · As at 2026-04-01	PDF p. 27

Extracted from 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
S.K. Tiong Properties Sdn Bhd (1)	S$297,681	Interested person transactions FY2025, excluding transactions below $100,000 and shareholders' mandate transactions	PDF p. 46
Top Line Works (2008) Sdn Bhd (2)	S$259,098	Interested person transactions FY2025, excluding transactions below $100,000 and shareholders' mandate transactions	PDF p. 46
- purchases (a) (b)	1,093 RM'000	Group, other related parties in which directors and key management have interest, 2025 (2024: 473)	PDF p. 136
- rental expense (c)	974 RM'000	Group, other related parties in which directors and key management have interest, 2025 (2024: 866)	PDF p. 136
Short-term employee benefits	28,329 RM'000	Group, remuneration of directors and other key management, 2025 (2024: 20,114)	PDF p. 137

Contingent liabilities

Item	Value	Period / scope	Source
At 31 December	27,508 RM'000	Group and Company, provision for financial guarantee, 31 Dec 2025 (2024: 30,315) · As at 2025-12-31	PDF p. 131

Director remuneration

Item	Value	Period / scope	Source
Tan Sri Datuk Tiong Su Kouk	3,319,639 SGD	FY2025 total compensation	PDF p. 37
Mr Tiong Chiong Hiiung	785,497 SGD	FY2025 total compensation	PDF p. 37
Mr Leong Seng Keat	3,600,673 SGD	FY2025 total compensation (CEO)	PDF p. 37
Datuk Lim Tong Lee	79,000 SGD	FY2025 total compensation	PDF p. 37
Mr Tan Boon Yong Thomas	79,000 SGD	FY2025 total compensation	PDF p. 37
Mr Yeoh Seng Huat Geoffrey	74,000 SGD	FY2025 total compensation	PDF p. 37
Directors' Fees for FY 2025	S$243,000	FY2025 proposed fees, subject to AGM approval	PDF p. 37
Directors of the Company	27,647 RM'000	Group, directors' remuneration included in key management compensation, 2025 (2024: 16,636)	PDF p. 137

Subsequent events

Item	Value	Period / scope	Source
Events after the reporting period	Subsequent to the reporting period, heightened geopolitical tensions involving Iran have emerged.	Note 33	PDF p. 155

Extracted from ANNUAL REPORT 2025 and checked against the cited pages; see the original report for full context.

Source: ANNUAL REPORT 2025 ↗

Corporate information

Registration & contacts

Incorporated In: BERMUDA
Email: [email protected]
Telephone: 441 2955950
Fax: 441 2924720
Registered Office: Richmond House
12 Par-la-Ville Road
Hamilton HM 08
Bermuda
Secretary: Peck Jen Jen
Conyers Corporate Services (Bermuda) Limited
Registrar / Transfer Agent: ASCENTIUM CORPORATE SERVICES PTE. LTD.
Registrar Address: 36 Robinson Road, #20-01 City House, Singapore 068877
Auditors: FOO KON TAN LLP
Other Stock Exchange Listings: *SINGAPORE EXCHANGE LTD.
Country: BERMUDA
Security Type: stocks