Ng Kin Wing, Raymond
Executive Chairman and Executive Director; Executive Chairman since 9 October 2014, Board since 5 September 2002. Stepped down as CEO on 1 July 2021.
Board snapshot in FY2026 annual reportThe business, the people and the ownership behind Karin Tech.
Business overview
Karin Technology provides IT solutions and distributes components. Headquartered in Hong Kong, it has a substantial business presence in China and operates a diversified portfolio of related technology businesses.
Listed security
Board & management
Six directors and eight senior management roles are retained as disclosed, including Michael Ng as CEO. Kenneth Lam is Finance Director; his prior Acting CFO role is at another company and is not assigned to Karin. Contacts are annual-report snapshots.
A numerical workforce headcount was not located in this annual report; no employee count is inferred from employee-benefit expenses.
Executive Chairman and Executive Director; Executive Chairman since 9 October 2014, Board since 5 September 2002. Stepped down as CEO on 1 July 2021.
Board snapshot in FY2026 annual reportChief Executive Officer and Executive Director; Board since 1 July 2018, CEO since 1 July 2021.
Board snapshot in FY2026 annual reportChief Growth and Transformation Officer and Executive Director since 25 April 2025; initially Independent Director from 1 November 2023.
Board snapshot in FY2026 annual reportLead Independent Director since 27 October 2022; Independent Director since 23 October 2020.
Board snapshot in FY2026 annual reportIndependent Director since 2 December 2024.
Board snapshot in FY2026 annual reportIndependent Director since 1 September 2025.
Board snapshot in FY2026 annual reportGeneral Manager of Components Distribution Division
FY2026 annual report; title and subsidiary remit as disclosedHuman Resources & Administration Manager and Legal Coordinator
FY2026 annual report; title and subsidiary remit as disclosedFinance Director and Joint Company Secretary; joined 8 April 2025
FY2026 annual report; title and subsidiary remit as disclosedFinancial and Accounting Manager
FY2026 annual report; title and subsidiary remit as disclosedGeneral Manager; Compucon Computers Limited; Group appointment 1 April 2025
FY2026 annual report; title and subsidiary remit as disclosedGeneral Manager; Computer Products Group of Karin Electronic Supplies Co. Ltd.; Group appointment 1 April 2025
FY2026 annual report; title and subsidiary remit as disclosedGeneral Manager; Kepro Solutions Limited; Group appointment 1 April 2025
FY2026 annual report; title and subsidiary remit as disclosedGeneral Manager; Sen Spirit Technology Ltd.; Group appointment 1 April 2025
FY2026 annual report; title and subsidiary remit as disclosedLam Cheuk Yin, Kenneth; Chan Lai Yin
Corporate information in FY2026 annual reportRichmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda
Corporate information in FY2026 annual report(1441) 295 1422
Corporate information in FY2026 annual report(1441) 292 4720
Corporate information in FY2026 annual report32514
Corporate information in FY2026 annual report9th Floor, The Whitney, 183 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong
Corporate information in FY2026 annual reportConyers Corporate Services (Bermuda) Limited; Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda
Corporate information in FY2026 annual reportTricor Barbinder Share Registration Services (A division of Tricor Singapore Pte. Ltd.); 9 Raffles Place, #26-01 Republic Plaza, Singapore 048619
Corporate information in FY2026 annual reportErnst & Young LLP
Corporate information in FY2026 annual reportLim Tze Yuen; since financial year ended 30 June 2023
Corporate information in FY2026 annual reportOne Raffles Quay North Tower, Level 18, Singapore 048583
Corporate information in FY2026 annual reportAugust Consulting Pte. Ltd.; 101 Thomson Road #29-05, United Square, Singapore 307591
Corporate information in FY2026 annual reporthttp://www.karingroup.com
Corporate information in FY2026 annual reportWongPartnership LLP; Grandall Zimmern Law Firm
Corporate information in FY2026 annual reportThe Hongkong and Shanghai Banking Corporation Limited; Standard Chartered Bank (HK) Limited; Shanghai Commercial Bank Limited
Corporate information in FY2026 annual reportRoles listed in Karin Annual Report 2026; current appointments are not independently verified.
Holdings
The shareholder register is dated 17 September 2026, separate from 30 June year-end financial statements. September treasury shares are 4,772,300; June treasury shares are 3,597,700.
Direct/deemed interests and registered nominee holdings are separate and may overlap. No beneficial owner is inferred beyond disclosed notes. Treasury percentage uses the report’s denominator excluding treasury and subsidiary holdings.
Top 20 reported 90.67% is the sum of individually rounded percentages. Independently rounding aggregate shares against the denominator gives 90.66%; the original subtotal is retained.
HKD 1,000,000,000.00
Share register as at 17 September 2026HKD 21,636,000.00
Share register as at 17 September 2026211,587,700
Share register as at 17 September 20264,772,300; 2.2555% of issued ordinary shares excluding treasury and subsidiary holdings as reported
Share register as at 17 September 2026Nil
Share register as at 17 September 2026Ordinary share of HKD 0.10 each; one vote per ordinary share; no voting rights exercisable on treasury shares
Share register as at 17 September 2026Shareholders: – (–); shares: – (-).
Share register as at 17 September 2026Shareholders: 87 (15.29%); shares: 70,175 (0.03%).
Share register as at 17 September 2026Shareholders: 181 (31.81%); shares: 1,082,200 (0.51%).
Share register as at 17 September 2026Shareholders: 285 (50.09%); shares: 22,009,025 (10.40%).
Share register as at 17 September 2026Shareholders: 16 (2.81%); shares: 188,426,300 (89.06%).
Share register as at 17 September 2026569 shareholders (100.00%); 211,587,700 shares (100.00%).
Share register as at 17 September 2026Direct: 70,639,950 (33.39%); deemed: – (–); total interests: 70,639,950 (33.39%). Owned by Michael Ng and Philip Ng.
As at 17 September 2026; direct and deemed interests may overlapDirect: 70,639,950 (33.39%); deemed: – (–); total interests: 70,639,950 (33.39%). Wholly owned by Raymond Ng.
As at 17 September 2026; direct and deemed interests may overlapDirect: – (–); deemed: 70,639,950 (33.39%); total interests: 70,639,950 (33.39%). Deemed interest through Asia Platform Investment Limited; overlaps its registered holding.
As at 17 September 2026; direct and deemed interests may overlapDirect: – (–); deemed: 70,639,950 (33.39%); total interests: 70,639,950 (33.39%). Deemed interest through Kikki Investment Limited; overlaps its registered holding.
As at 17 September 2026; direct and deemed interests may overlapDirect: – (–); deemed: 72,151,950 (34.10%); total interests: 72,151,950 (34.10%). Asia Platform Investment Limited plus 1,512,000 ordinary shares held by spouse Mdm Leung Tak Ching.
As at 17 September 2026; direct and deemed interests may overlapDirect: 19,437,200 (9.19%); deemed: – (–); total interests: 19,437,200 (9.19%).
As at 17 September 2026; direct and deemed interests may overlapDirect: 1,500,000 (0.71%); deemed: 9,327,700 (4.41%); total interests: 10,827,700 (5.12%). Deemed interests through YCMPL acting as investment manager for clients; voting control except personal dealing accounts.
As at 17 September 2026; direct and deemed interests may overlapDirect: 900,000 (0.43%); deemed: 9,927,700 (4.69%); total interests: 10,827,700 (5.12%). Deemed interests through YCMPL acting as investment manager for clients; voting control except personal dealing accounts. CEO/CIO title in this note relates to YCMPL.
As at 17 September 2026; direct and deemed interests may overlap191,825,125 shares; 90.67% as reported.
Share register as at 17 September 2026Approximately 18.12% as reported.
Share register as at 17 September 2026Total 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 2026-09-17 · PDF p. 151
| Registered holder | Interest | Shares / units | Source |
|---|---|---|---|
| Kikki Investment Ltd | Registered rank 1; 70,639,950 shares; 33.39% as reported. | PDF p. 1512026-09-17 | |
| Asia Platform Investment Limited | Registered rank 2; 70,639,950 shares; 33.39% as reported. | PDF p. 1512026-09-17 | |
| DBS Nominees Pte Ltd | Registered rank 3; 19,254,400 shares; 9.10% as reported. | PDF p. 1512026-09-17 | |
| DB Nominees (Singapore) Pte Ltd | Registered rank 4; 9,175,000 shares; 4.34% as reported. | PDF p. 1512026-09-17 | |
| Wee Hian Kok | Registered rank 5; 2,690,200 shares; 1.27% as reported. | PDF p. 1512026-09-17 | |
| Phillip Securities Pte Ltd | Registered rank 6; 2,337,000 shares; 1.10% as reported. | PDF p. 1512026-09-17 | |
| Cheng Kim Man Edwin | Registered rank 7; 2,000,000 shares; 0.95% as reported. | PDF p. 1512026-09-17 | |
| United Overseas Bank Nominees (Private) Limited | Registered rank 8; 1,903,800 shares; 0.90% as reported. | PDF p. 1512026-09-17 | |
| Lim Mee Hwa | Registered rank 9; 1,491,800 shares; 0.71% as reported. | PDF p. 1512026-09-17 | |
| Tan Ming Kirk Richard | Registered rank 10; 1,350,000 shares; 0.64% as reported. | PDF p. 1512026-09-17 | |
| Yeo Seng Chong | Registered rank 11; 1,250,000 shares; 0.59% as reported. | PDF p. 1512026-09-17 | |
| Leung Tak Ching | Registered rank 12; 1,247,800 shares; 0.59% as reported. | PDF p. 1512026-09-17 | |
| Ng Eng Seng | Registered rank 13; 1,137,000 shares; 0.54% as reported. | PDF p. 1512026-09-17 | |
| Kim Soo Koong | Registered rank 14; 1,128,000 shares; 0.53% as reported. | PDF p. 1512026-09-17 | |
| Seet Christina | Registered rank 15; 1,095,400 shares; 0.52% as reported. | PDF p. 1512026-09-17 | |
| Seah Kun Liap | Registered rank 16; 1,086,000 shares; 0.51% as reported. | PDF p. 1512026-09-17 | |
| Ng Hock Kon Edna Ng Yu Chen | Registered rank 17; 1,000,000 shares; 0.47% as reported. | PDF p. 1512026-09-17 | |
| Raffles Nominees (Pte) Limited | Registered rank 18; 894,825 shares; 0.42% as reported. | PDF p. 1512026-09-17 | |
| Lai Weng Kay | Registered rank 19; 866,000 shares; 0.41% as reported. | PDF p. 1512026-09-17 | |
| DBS Vickers Securities (Singapore) Pte Ltd | Registered rank 20; 638,000 shares; 0.30% as reported. | PDF p. 1512026-09-17 | |
Group structure
Note15 lists 14 subsidiaries held by the Company and four held through subsidiaries; this is a material-subsidiary list, not a claimed total entity census.
Karltec reports 100% subsidiary ownership in the table but explicitly 75% Company effective interest in footnote ^. Infodeck is an associate at 40%, with Nil equity-method carrying value; the 51% subscription option lapsed and was not extended.
Compusmart is listed under Held by Company in Note15, but described as an indirect subsidiary in Note24. Both descriptions are retained; an undisclosed ownership chain is not inferred.
| Company | Market | Ownership interest |
|---|---|---|
| Karin Electronic Supplies Company LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: Distribution and trading of IT infrastructure solutions; reported ownership FY2026/FY2025: 100% / 100%. | |
| New Spirit Technology LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: Distribution and trading of electronic components and integrated circuit application design solutions; reported ownership FY2026/FY2025: 100% / 100%. | |
| Kepro Solutions LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: Computer data storage management, network/cybersecurity solutions and services; application development and data platform solutions and services; reported ownership FY2026/FY2025: 100% / 100%. | |
| Sen Spirit Technology LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: IT infrastructure, network/cybersecurity solutions; professional network/cybersecurity services; reported ownership FY2026/FY2025: 100% / 100%. | |
| Compucon Computers LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: IT infrastructure, network solutions and software; business audio-visual solutions and consumer electronic products; reported ownership FY2026/FY2025: 100% / 100%. | |
| Karin Solutions and Services LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: Professional consulting services; reported ownership FY2026/FY2025: 100% / 100%. | |
| Compusmart LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: British Virgin Islands / Hong Kong; activity: Property holding; reported ownership FY2026/FY2025: 100% / 100%. Note15 lists this entity under Held by Company, whereas Note24 calls it a wholly-owned indirect subsidiary; this report-internal discrepancy is retained. | |
| Karsing Pte LtdNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Singapore; activity: Computer data storage management solutions and services; reported ownership FY2026/FY2025: 100% / 100%. | |
| KCF A Store LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: Retailing of consumer electronic products; reported ownership FY2026/FY2025: 80% / 80%. | |
| Kagile Solutions LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Hong Kong; activity: Software application products for corporate clients; reported ownership FY2026/FY2025: 70% / 70%. | |
| Kepro (Macau) Company LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Macau; activity: Computer data storage management, network and cybersecurity solutions; reported ownership FY2026/FY2025: 100% / 100%. | |
| Karin (Macau) Company LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Macau; activity: IT infrastructure/network solutions and software applications; reported ownership FY2026/FY2025: 100% / 100%. | |
| Karin Technology (BVI) LimitedNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: British Virgin Islands / Hong Kong; activity: Investment holding; reported ownership FY2026/FY2025: 100% / 100%. | |
| Kepro Australia Pty LtdNote15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held by Company; place of incorporation/operations: Australia; activity: Computer data software and energy storage solutions; reported ownership FY2026/FY2025: 100% / 100%. | |
| Karin Electronic Trading (Shenzhen) Company Limited*Note15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held through subsidiaries; place of incorporation/operations: People’s Republic of China; activity: Trading electronic components, computer products and peripherals; reported ownership FY2026/FY2025: 100% / 100%. English name is a direct translation of registered Chinese name. | |
| Karin International Trading (Shanghai) Company Limited*Note15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held through subsidiaries; place of incorporation/operations: People’s Republic of China; activity: Trading electronic components, computer products and peripherals; reported ownership FY2026/FY2025: 100% / 100%. English name is a direct translation of registered Chinese name. | |
| New Spirit Electronic Technology Development (Shenzhen) Company Limited*Note15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held through subsidiaries; place of incorporation/operations: People’s Republic of China; activity: IC software application design; reported ownership FY2026/FY2025: 100% / 100%. English name is a direct translation of registered Chinese name. | |
| Karltec Information System (Shenzhen) Company Limited*Note15; as at 30 June 2026 with FY2025 comparisonPDF p. 118 | Held through subsidiaries; place of incorporation/operations: People’s Republic of China; activity: Distribution of computer products and peripherals; reported ownership FY2026/FY2025: 100% / 100%. Company effective equity interest: 75% / 75% (Note15 footnote ^); the 100% table interest is not treated as Group effective ownership. English name is a direct translation of registered Chinese name. | |
| Infodeck Technology Pte Ltd (“ITPL”)Notes16; as at 30 June 2026 with FY2025 comparisonPDF p. 119 | Held through Karin Technology (BVI) Limited; Singapore; development and sale of software products and digital solutions; ownership FY2026/FY2025: 40% / 40%; share of net assets Nil / Nil. Classified as not material in Note16; the option to subscribe to 51% lapsed in FY2026 and was not extended. | |
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. Ng Mun Kit, Michael | Chief Executive Officer | Group | PDF p. 15 |
| Ms. Yan Yuk Ping, Juni | Chief Growth and Transformation Officer | Group | PDF p. 15 |
Extracted from Karin Annual Report 2026 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 interested person transactions entered into with value more than S$100,000 during FY2026. | Group, FY2026 | PDF p. 59 |
| Transactions and balances with related parties | the Group had no material transaction with related parties during the year and at the end of the reporting period. | Group, FY2026 | PDF p. 137 |
| COMPENSATION OF KEY MANAGEMENT PERSONNEL OF THE GROUP (INCLUDING DIRECTORS’ REMUNERATION) | 23,642 HK$'000 | Group, 2026 (comparative 2025: 22,833) | PDF p. 138 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Guarantees given to banks in connection with facilities granted to subsidiaries | 875,000 HK$'000 | Company, 2026 (2025: 875,000); Group: – · As at 2026-06-30 | PDF p. 137 |
| Guarantees given to suppliers in connection with credit facilities granted to subsidiaries | 750,605 HK$'000 | Company, 2026 (2025: 711,177); Group: – · As at 2026-06-30 | PDF p. 137 |
| Total contingent liabilities | 1,625,605 HK$'000 | Company, 2026 (2025: 1,586,177); Group: – · As at 2026-06-30 | PDF p. 137 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| REMUNERATION OF DIRECTORS | 7,985 HK$'000 | Group, 2026 (2025: 7,378) | PDF p. 138 |
| Mr. Ng Kin Wing, Raymond | 425 S$ | FY2026 total remuneration, S$ (units as printed in column header S$) | PDF p. 49 |
| Mr. Ng Mun Kit, Michael | 412 S$ | FY2026 total remuneration, S$ (as printed) | PDF p. 49 |
| Ms. Yan Yuk Ping, Juni | 335 S$ | FY2026 total remuneration, S$ (as printed) | PDF p. 49 |
| Mr. Kuan Cheng Tuck | 50 S$ | FY2026 total remuneration, S$ (as printed) | PDF p. 49 |
| Mr. Lo Kim Seng | 50 S$ | FY2026 total remuneration, S$ (as printed) | PDF p. 49 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Outlook FY2027 CD segment | we expect further improvement in this segment in FY2027 as our streamlined operating model matures | CEO's Message, FY2027 | PDF p. 8 |
| Outlook IBM partnership | We are mindful of the scheduled conclusion of our partnership with IBM in the second half of FY2027. | CEO's Message, FY2027 | PDF p. 8 |
| Proposed acquisitions | plans to acquire two Hong Kong-based IT companies | CEO's Message | PDF p. 8 |
Extracted from Karin Annual Report 2026 and checked against the cited pages; see the original report for full context.
Corporate information