DR WONG KAR KING
Managing Director
The business, the people and the ownership behind Advanced.
Business overview
Advanced Holdings has evolved from engineering into businesses across food and feed sectors. Its stated strategic focus includes agricultural technology and clean energy solutions, alongside its broader industrial capabilities.
Listed security
Board & management
Managing Director
Independent and Non-Executive Chairman
Executive Director
Independent Director
Independent Director
Independent Director
Non-Executive Director
Roles listed in Annual Report 2025; current appointments are not independently verified.
Holdings
Direct interest 23,550,000 shares (23.26%); deemed interest nil
Substantial shareholders per Register as at 19 March 2026; % based on 101,268,367 shares excluding treasuryDeemed interest 23,550,000 shares (23.26%); no direct interest
Substantial shareholders per Register as at 19 March 2026; % based on 101,268,367 shares excluding treasuryDeemed interest 23,550,000 shares (23.26%); no direct interest
Substantial shareholders per Register as at 19 March 2026; % based on 101,268,367 shares excluding treasuryDirect interest 12,800,000 shares (12.64%); deemed interest nil
Substantial shareholders per Register as at 19 March 2026; % based on 101,268,367 shares excluding treasuryTotal interests include direct and deemed holdings and may overlap across holders. These percentages should not be added together.
Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. As reported at 2026-03-19 · PDF p. 160
| Registered holder | Interest | Shares / units | Source |
|---|---|---|---|
| CITIBANK NOMINEES SINGAPORE PTE LTD | Rank 1; 23,685,048 shares (23.39%); nominee | PDF p. 1602026-03-19 | |
| LOW SIOK LING (LIU SULING) | Rank 2; 12,800,000 shares (12.64%) | PDF p. 1602026-03-19 | |
| DBS NOMINEES PTE LTD | Rank 3; 11,940,258 shares (11.79%); nominee | PDF p. 1602026-03-19 | |
| CHIANG TIN TIAH | Rank 4; 5,000,000 shares (4.94%) | PDF p. 1602026-03-19 | |
| HSBC (SINGAPORE) NOMINEES PTE LTD | Rank 5; 3,377,532 shares (3.34%); nominee | PDF p. 1602026-03-19 | |
| ANG MENG HAI MARKUS DAVID | Rank 6; 3,200,000 shares (3.16%) | PDF p. 1602026-03-19 | |
| PHILLIP SECURITIES PTE LTD | Rank 7; 2,347,353 shares (2.32%) | PDF p. 1602026-03-19 | |
| ABN AMRO CLEARING BANK N.V. | Rank 8; 2,068,416 shares (2.04%) | PDF p. 1602026-03-19 | |
| WONG KAR KING | Rank 9; 1,852,109 shares (1.83%) | PDF p. 1602026-03-19 | |
| GOH GUAN SIONG (WU YUANXIANG) | Rank 10; 1,516,600 shares (1.50%) | PDF p. 1602026-03-19 | |
| MAYBANK SECURITIES PTE. LTD. | Rank 11; 1,007,961 shares (1.00%) | PDF p. 1602026-03-19 | |
| OCBC NOMINEES SINGAPORE PTE LTD | Rank 12; 845,884 shares (0.84%); nominee | PDF p. 1602026-03-19 | |
| BD CORPORATION PTE LTD | Rank 13; 670,000 shares (0.66%) | PDF p. 1602026-03-19 | |
| PANG WING SENG | Rank 14; 603,566 shares (0.60%) | PDF p. 1602026-03-19 | |
| LOW SIOK CHENG | Rank 15; 583,200 shares (0.58%) | PDF p. 1602026-03-19 | |
| UNITED OVERSEAS BANK NOMINEES PTE LTD | Rank 16; 580,166 shares (0.57%); nominee | PDF p. 1602026-03-19 | |
| LAI WENG KAY | Rank 17; 561,200 shares (0.55%) | PDF p. 1602026-03-19 | |
| RAFFLES NOMINEES (PTE) LIMITED | Rank 18; 542,595 shares (0.54%); nominee | PDF p. 1602026-03-19 | |
| JEANETTE KOH CHEW TEE | Rank 19; 528,000 shares (0.52%) | PDF p. 1602026-03-19 | |
| IWAN RUSLI @ LIE TJIN VAN | Rank 20; 500,000 shares (0.49%) | PDF p. 1602026-03-19 | |
Group structure
| Company | Market | Ownership interest |
|---|---|---|
| Advanced Agri Trading and Services Pte. Ltd.Held by the CompanyPDF p. 123 | Singapore; Percentage of equity held 100% (2025), 100% (2024); proportion of voting power 100% (2025), 100% (2024); wholesale trade of a variety of goods without a dominant product; held by the Company | |
| Advanced Controls (M) Sdn. Bhd.Held by the CompanyPDF p. 123 | Malaysia; Percentage of equity held 100% (2025), 100% (2024); proportion of voting power 100% (2025), 100% (2024); Dormant; held by the Company | |
| Advanced Agri Pte. Ltd.Held by the CompanyPDF p. 123 | Singapore; Percentage of equity held 51% (2025), 51% (2024); proportion of voting power 51% (2025), 51% (2024); management of corn plantation(s), corn trading, corn processing and sales and distribution of corn-based products in Indonesia; held by the Company | |
| Advanced Engineering Holdings Pte. Ltd.Held by the CompanyPDF p. 123 | Singapore; Percentage of equity held 100% (2025), 100% (2024); proportion of voting power 100% (2025), 100% (2024); Investment holding; held by the Company | |
| Guided Wave Asia Pte. Ltd.Held through subsidiariesPDF p. 124 | Singapore; Percentage of equity held – (2025), 100% (2024); proportion of voting power – (2025), 100% (2024); Dormant; held through subsidiaries | |
| Advanced CAE (ME) Control System L.L.CHeld through subsidiariesPDF p. 124 | United Arab Emirates; Percentage of equity held 100% (2025), 100% (2024); proportion of voting power 100% (2025), 100% (2024); Dormant; held through subsidiaries | |
| PT Advanced Agri IndonesiaHeld through subsidiariesPDF p. 124 | Indonesia; Percentage of equity held 99.99% (2025), 99.99% (2024); proportion of voting power 99.99% (2025), 99.99% (2024); management of corn plantation(s), corn trading, corn processing and sales and distribution of corn-based products in Indonesia; held through subsidiaries | |
Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.
Senior executives
| Item | Value | Period / scope | Source |
|---|---|---|---|
| MR ANG MENG KUAN, TOBIAS | Group Chief Operating Officer | PDF p. 16 | |
| MR NELSON HERIJANTO | Director of Business Operations; PT Advanced Agri Indonesia | PDF p. 17 | |
| MR MICHAEL KURNIAWAN | Head of Procurement and Sales; PT Advanced Agri Indonesia | PDF p. 17 |
Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.
Related parties, people & properties
| Item | Value | Period / scope | Source |
|---|---|---|---|
| INTERESTED PERSON TRANSACTIONS | There were no discloseable interested person transactions during FY2025. | Group, FY2025 | PDF p. 47 |
| Management fee income | 137 $'000 | Company, 2025 (comparative 2024: 164) | PDF p. 154 |
| Interest income from fellow subsidiaries | 197 $'000 | Company, 2025 (comparative 2024: 303) | PDF p. 154 |
| Dr Wong Kar King | S$770,000 | Proposed one-time ex-gratia payment, subject to AGM approval | PDF p. 165 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Bankers’ guarantees with recourse to the Group | – $'000 | Group, 2025 (comparative 2024: 85) | PDF p. 140 |
| Financial guarantees | – $'000 | Company, one year or less, 2025 (comparative 2024: 3,190) | PDF p. 141 |
| Disposal of Advanced CAE Saudi Arabia Company Ltd (“CAEKSA”) | no contingent liability remains as at the date of approval of these financial statements. | Group | PDF p. 159 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| BG (RET) Lim Yeow Beng | 40,000 (100%) | FY2025 directors' fees (S$) | PDF p. 36 |
| Ms Giam Ban Ian Giselia(1) | 15,575 (100%) | FY2025 directors' fees (S$) | PDF p. 36 |
| Mr Danny Lien Chong Tuan | 30,000 (100%) | FY2025 directors' fees (S$) | PDF p. 36 |
| Ms Celia Rusli(2) | 9,583 (100%) | FY2025 directors' fees (S$) | PDF p. 36 |
| annual aggregate remuneration paid to the top four (4) key management personnel | $113,896 | FY2025, excluding Executive Directors and Mr Pang Gerald | PDF p. 36 |
| Total | 1,360 $'000 | Group, 2025 (comparative 2024: 1,161) | PDF p. 154 |
| WKK Ex-gratia Payment | S$770,000 | Proposed; to be tabled at forthcoming AGM | PDF p. 37 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| number of employees | 16 (2024: 16) | Permanent employees in Indonesia only; not group total headcount · As at 2025-12-31 | PDF p. 139 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Disposal of Advanced CAE Saudi Arabia Company Ltd (“CAEKSA”) | the legal transfer of shares in CAEKSA was completed on 6 March 2026 | Group · As at 2026-03-06 | PDF p. 159 |
Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.
Corporate information