ZICO Hldgs 40W

SGD 0.057 +8.77% +0.01 Updated 30 Oct 2026, 17:16 SGT

Company profile

The business, the people and the ownership behind ZICO Hldgs.

Investor relations ↗Official company website

Business overview

About the company

ZICO Holdings is an ASEAN-focused professional services platform. Its activities include regulated wealth, advisory and transactional services that support businesses through different stages of their development.

Annual Report 2025 ↗ Reviewed 2026-10-23 · Source dated 2026-04-08. PDF p. 3

Listed security

Company & listing

Full Company Name: ZICO HOLDINGS INC.
Trading Currency: SGD
Website: www.zicoholdings.com
Listing: Listed on 11 November 2014 on Catalist
ISIN Code: MYA007968003

Board & management

Leadership

MR. MOHAMED NASSER BIN ISMAIL

Independent Non-Executive Chairman

Board of Directors PDF p. 16

DATUK NG HOCK HENG

Group Chief Executive Officer and Executive Director

Board of Directors; CEO PDF p. 16

MR. CHEW SENG KOK

Executive Director

Board of Directors PDF p. 17

MS. RAFAT KAPADIA

Independent Non-Executive Director

Board of Directors PDF p. 17

DR. VEERINDERJEET SINGH A/L TEJWANT SINGH

Independent Non-Executive Director

Board of Directors PDF p. 18

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

Holdings

Ownership

As reported at 2026-03-18 · PDF p. 209

Chew Seng Kok

Direct interest 79,699,688 shares (19.41%); indirect (deemed) interest 5,293,737 shares (1.29%)

Substantial shareholders

Dynac Sdn Bhd

Direct interest 34,000,000 shares (8.28%); indirect interest 0 shares (0%)

Substantial shareholders

Tan Sri Dr. Nik Norzrul Thani Bin N. Hassan Thani

Direct interest 40,168,000 shares (9.78%); indirect interest 0 shares (0%)

Substantial shareholders

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

Group structure

Main operating subsidiaries

Company	Market	Ownership interest
ZICO Malaysia Sdn. Bhd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Malaysia; Investment holding; 100% held by the Group (2025)
ASEAN Advisory Pte. Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Singapore; Business and management consultancy services; 100% (2025)
ZICO RMC Pte. Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Singapore; Business and management consultancy services; 100% (2025)
ZICO (Labuan) LLPProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Federal Territory of Labuan; Consultancy services; 100% (2025)
ZICO International CorporationProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Federal Territory of Labuan; Investment holding; 100% (2025)
ZICO Consultancy LimitedProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Federal Territory of Labuan; Investment holding; 100% (2025)
ZICO Consultancy Sdn. Bhd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Malaysia; Business and management consultancy services; 100% (2025)
ZICO Shariah Advisory Services Sdn. Bhd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Malaysia; Shariah advisory services; 100% (2025)
ZICO IP Inc.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	British Virgin Islands; Owner of intellectual property rights; 100% (2025)
PT ZICO Konsultan IndonesiaProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Indonesia; Business and management consultancy services; 100% (2025)
ZICOlaw Myanmar LimitedProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Myanmar; Legal advisory and consultancy services; 100% (2025)
ZICOlaw (Laos) Sole Co., Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 155	Lao PDR; Legal advisory and consultancy services; 100% (2025)
ZICO Trust (S) Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 51); NCI 49PDF p. 156	Singapore; Trustee, fiduciary and custody services; 51% held by the Group (49% non-controlling interests) (2025)
ZICOInsource Sdn. Bhd.Proportion of ordinary shares held by the Group, 2025 (2024: 80); NCI 20PDF p. 156	Malaysia; Insourcing, outsourcing and consultancy services; 80% held by the Group (20% NCI) (2025)
ZICOInsource Inc.Proportion of ordinary shares held by the Group, 2025 (2024: 80); NCI 20PDF p. 156	Federal Territory of Labuan; Resourcing and advisory services; 80% held by the Group (20% NCI) (2025)
ZICO Advisory Services Sdn BhdProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 156	Malaysia; Business support service; 100% (2025)
B.A.C.S. Private LimitedProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 156	Singapore; Share registration services; 100% (2025)
ZICO Regional IP Inc.Proportion of ordinary shares held by the Group, 2025 (2024: 51); NCI 49PDF p. 156	Federal Territory of Labuan; Investment holding; 51% held by the Group (49% NCI) (2025)
ZATS Management Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 51); NCI 49PDF p. 156	British Virgin Islands; Nominee director company; 51% held by the Group (49% NCI) (2025)
ZICO AA Sdn. Bhd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 156	Malaysia; Business and management consultancy services; 100% (2025)
ZICO Capital Pte. Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 90); NCI 2024: 10PDF p. 156	Singapore; Corporate finance advisory and capital markets services; 100% (2025)
ZICO Asset Management Pte. Ltd.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 156	Singapore; Asset, wealth and legacy management; 100% (2025)
ZICO Capital International Inc.Proportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 156	Federal Territory of Labuan; Investment holding; 100% (2025)
ZICO Evolve Capital Sdn BhdProportion of ordinary shares held by the Group, 2025 (2024: 86); NCI 14PDF p. 156	Malaysia; Corporate finance advisory services; 86% held by the Group (14% NCI) (2025)
ZICOlaw (Thailand) LimitedProportion of ordinary shares held by the Group, 2025 (2024: 49); NCI 51PDF p. 157	Thailand; Legal advisory and consultancy services; 49% held by the Group (51% NCI); deemed a subsidiary (2025)
ZICO Trademark Pte. LtdProportion of ordinary shares held by the Group, 2025 (2024: 100)PDF p. 157	Singapore; Leasing of non-financial intangible assets; 100% (2025)
ZICO Insource (Thailand) Co., LtdProportion of ordinary shares held by the Group, 2025 (2024: 49); NCI 51PDF p. 157	Thailand; Insourcing, outsourcing and consultancy services; 49% held by the Group (51% NCI); deemed a subsidiary (2025)

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	Period / scope	Source
ADELINE CHEAH LI MENG	Chief Financial Officer		PDF p. 19

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
Issued and fully paid-up capital	SGD 41,762,208.00	Company · As at 2026-03-18	PDF p. 208
Total number of issued shares	410,568,745 shares	Company · As at 2026-03-18	PDF p. 208
Class of shares	Ordinary shares fully paid	Company · As at 2026-03-18	PDF p. 208
Voting rights	One vote for each ordinary share	Company · As at 2026-03-18	PDF p. 208

Treasury shares

Item	Value	Period / scope	Source
Number of treasury shares	NIL	Company · As at 2026-03-18	PDF p. 208
Treasury shares and subsidiary holdings	There are no subsidiary holdings or treasury shares.	Company · As at 2026-03-18	PDF p. 209

Shareholding distribution

Item	Value	Period / scope	Source
1 – 99	1 holder; 0.50% of holders; 3 shares; 0.00% of shares	Size of Shareholdings · As at 2026-03-18	PDF p. 208
100 – 1,000	14 holders; 7.04% of holders; 3,600 shares; 0.00% of shares	Size of Shareholdings · As at 2026-03-18	PDF p. 208
1,001 – 10,000	21 holders; 10.55% of holders; 145,966 shares; 0.03% of shares	Size of Shareholdings · As at 2026-03-18	PDF p. 208
10,001 – 1,000,000	133 holders; 66.83% of holders; 20,019,576 shares; 4.88% of shares	Size of Shareholdings · As at 2026-03-18	PDF p. 208
1,000,001 and above	30 holders; 15.08% of holders; 390,399,600 shares; 95.09% of shares	Size of Shareholdings · As at 2026-03-18	PDF p. 208
Total	199 holders; 100.00% of holders; 410,568,745 shares; 100.00% of shares	Size of Shareholdings · As at 2026-03-18	PDF p. 208

Free float

Item	Value	Period / scope	Source
Percentage of shareholdings held in the hands of public	approximately 58.42% of the issued ordinary shares of the Company are held by the public and therefore, Rule 723 of the Catalist Rules has been complied with	Company · As at 2026-03-18	PDF p. 209

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
Dividend Income	47 SGD'000	Group, transactions with associated companies, 2025 (comparative 2024: 229)	PDF p. 181
Interest income	88 SGD'000	Group, transactions with associated companies, 2025 (comparative 2024: 78)	PDF p. 181
Loss allowance on non-trade receivables	(1,950) SGD'000	Group, transactions with associated companies, 2025 (comparative 2024: –)	PDF p. 181
(Repayment from)/advances to associated companies	(137) SGD'000	Group, transactions with associated companies, 2025 (comparative 2024: 37)	PDF p. 181
Directors of the Company and other key management personnel compensation	1,433 SGD'000	Group, 2025 (comparative 2024: 1,542)	PDF p. 181

Contingent liabilities

Item	Value	Period / scope	Source
Bank facilities utilised by an associated company, Goldfield Alliance Sdn. Bhd.	– SGD'000	Group, 2025 (comparative 2024: 194)	PDF p. 206
Legal claims (CPS German 1 LLC)	The Company intends to vigorously defend the Claim	ZICO Trust (S) Ltd., subsidiary	PDF p. 206

Director remuneration

Item	Value	Period / scope	Source
Chew Seng Kok	485,200 S$	Total Remuneration, FY2025	PDF p. 77
Datuk Ng Hock Heng	635,386 S$	Total Remuneration, FY2025	PDF p. 77
Mr Mohamed Nasser bin Ismail	75,000 S$	Total Remuneration, FY2025	PDF p. 77
Dr. Veerinderjeet Singh A/L Tejwant Singh	65,000 S$	Total Remuneration, FY2025	PDF p. 77
Ms Shweta Nandy (4)	17,981 S$	Total Remuneration, FY2025	PDF p. 77

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: MALAYSIA
Incorporated On: 09 Dec 2010
Telephone: (65) 6438 7929
Registered Office: Unit Level 13(A), Main Office Tower,
Financial Park Labuan, Jalan Merdeka
87000 Federal Territory of Labuan, Malaysia
Secretary: ZICO Secretarial Limited
Registrar / Transfer Agent: B.A.C.S. PRIVATE LIMITED
Registrar Address: 77 Robinson Road, #06-03 Robinson 77, Singapore 068896
Auditors: PKF-CAP LLP
Other Stock Exchange Listings: *SINGAPORE EXCHANGE (CATALIST)
Country: MALAYSIA
Security Type: stocks