Nanyang NewDev M15

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Company profile

The business, the people and the ownership behind Nanyang NewDev.

Business overview

About the company

Nanyang New Development operates specialty chemical-related businesses. Its activities include products such as Megafix reactive dyes, supported by technical services and research and development for customers in China and other markets.

Annual Report 2025 ↗ Reviewed 2026-10-23 · Source dated 2026-04-14. PDF p. 4

Listed security

Company & listing

Full Company Name
NANYANG NEW DEVELOPMENT LIMITED
Trading Currency
SGD
Website
www.matex.com.sg
Listing
Listed on 18 February 2004 on SGX Mainboard, 8 August 2016 on Catalist
ISIN Code
SG1P13916389

Board & management

Leadership

MR JAMES KHO CHUNG WAH (“MR KHO”)

Non-Executive Chairman and Independent Director

Board of Directors PDF p. 9

DR LIU SHEN (“DR LIU”)

Executive Director and Chief Technical Officer

Board of Directors PDF p. 9

MR CHNG HEE KOK (“MR CHNG”)

Independent and Non-Executive Director

Board of Directors PDF p. 10

DR FU SHAOHAI (“DR FU”)

Independent and Non-Executive Director

Board of Directors PDF p. 10

MR CHEN HONGBO (“MR CHEN”)

Chief Executive Officer

Key management (not a director) PDF p. 11

Roles listed in Nanyang New Development Limited Annual Report 2025; current appointments are not independently verified.

Holdings

Ownership

As reported at 2026-03-31 · PDF p. 165

Nanyang Commercial Management Pte. Ltd.

Direct interest: 154,000,000 shares (29.86%); deemed interest: –

Substantial shareholder, Register of Substantial Shareholders

Tan Pang Kee

Direct interest: 87,972,630 shares (17.06%); deemed interest: –

Substantial shareholder, Register of Substantial Shareholders

CSF Fund I Pte. Ltd.

Direct interest: 50,000,000 shares (9.70%); deemed interest: –

Substantial shareholder, Register of Substantial Shareholders

Wang Weidong

Deemed interest: 154,000,000 shares (29.86%); direct interest: –

Substantial shareholder, Register of Substantial Shareholders

Yeo Hock Huat

Deemed interest: 50,000,000 shares (9.70%); direct interest: –

Substantial shareholder, Register of Substantial Shareholders

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. As reported at 2026-03-31 · PDF p. 164

Registered holderInterestShares / unitsSource
NANYANG COMMERCIAL MANAGEMENT PTE. LTD.Rank 1; 154,000,000 shares; 29.86%PDF p. 1642026-03-31
TAN PANG KEERank 2; 87,972,630 shares; 17.06%PDF p. 1642026-03-31
CSF FUND I PTE LTDRank 3; 50,000,000 shares; 9.70%PDF p. 1642026-03-31
DBS NOMINEES PTE LTDRank 4; 21,176,800 shares; 4.11%PDF p. 1642026-03-31
RAFFLES NOMINEES (PTE) LIMITEDRank 5; 14,575,580 shares; 2.83%PDF p. 1642026-03-31
PHILLIP SECURITIES PTE LTDRank 6; 13,226,320 shares; 2.56%PDF p. 1642026-03-31
GOH GUAN SIONG (WU YUANXIANG)Rank 7; 11,514,000 shares; 2.23%PDF p. 1642026-03-31
ABN AMRO CLEARING BANK N.V.Rank 8; 11,212,700 shares; 2.17%PDF p. 1642026-03-31
TAN TEAK BING (CHEN ZEMIN)Rank 9; 8,337,582 shares; 1.62%PDF p. 1642026-03-31
LEE KANG HUATRank 10; 8,000,000 shares; 1.55%PDF p. 1642026-03-31
SIM TECK HUATRank 11; 7,800,000 shares; 1.51%PDF p. 1642026-03-31
MOOMOO FINANCIAL SINGAPORE PTE. LTD.Rank 12; 6,625,810 shares; 1.28%PDF p. 1642026-03-31
BENEDICT NICHOLAS CHONG WEI LIANGRank 13; 3,500,300 shares; 0.68%PDF p. 1642026-03-31
TAN CHAI CHINRank 14; 3,370,688 shares; 0.65%PDF p. 1642026-03-31
LIM CHIN HOCKRank 15; 3,000,000 shares; 0.58%PDF p. 1642026-03-31
TAN GUAN YU, DARRELRank 16; 2,810,500 shares; 0.54%PDF p. 1642026-03-31
LOH POH LIMRank 17; 2,683,400 shares; 0.52%PDF p. 1642026-03-31
EST OF TAN YAM SOON, DEC’DRank 18; 2,586,332 shares; 0.50%PDF p. 1642026-03-31
LIM AND TAN SECURITIES PTE LTDRank 19; 2,290,300 shares; 0.44%PDF p. 1642026-03-31
ONG SWEE WHATTRank 20; 2,189,900 shares; 0.42%PDF p. 1642026-03-31

Group structure

Main operating subsidiaries

CompanyMarketOwnership interest
Matex Holdings Pte LtdHeld by the Company; proportion of ownership interest 2025 (2024: 100%)PDF p. 135 Singapore; 100% ownership interest (2025); held by the Company; General wholesale trading & dyestuffs manufacturing
Shanghai Matex Chemicals Co., LtdHeld by the Company; proportion of ownership interest 2025 (2024: 60%)PDF p. 135 PRC; 60% ownership interest (2025); held by the Company; Sale of dyestuffs
Unimatex Sdn Bhd (“USB”)(1)Held by the Company; proportion of ownership interest 2025 (2024: 100%)PDF p. 135 Malaysia; 100% ownership interest (2025); held by the Company; Formulating, manufacturing and sale of dyestuffs, auxiliaries and optical brighteners
Matex Chemicals Technologies (Shanghai) Co., LtdHeld by the Company; proportion of ownership interest 2025 (2024: 100%)PDF p. 135 PRC; 100% ownership interest (2025); held by the Company; General wholesale trading
Dedot Trading (Shanghai) Co., LtdHeld through a subsidiary (Matex Holdings Pte. Ltd.); proportion of ownership interest 2025 (2024: 100%)PDF p. 136 PRC; 100% ownership interest (2025); held through Matex Holdings Pte. Ltd.; Import, export and wholesale of all kinds of garments, textile products and chemical products
MatexMega Pte. Ltd. (“MMP”)(3)Held through a subsidiary (Matex Holdings Pte. Ltd.); proportion of ownership interest 2025 (2024: 65%)PDF p. 136 Singapore; 65% ownership interest (2025); held through Matex Holdings Pte. Ltd.; Manufacture and repair of measuring devices, process control equipment and related products
Matex Holdings (HK) LimitedHeld through a subsidiary (Matex Holdings Pte. Ltd.); proportion of ownership interest 2025 (2024: 100%)PDF p. 136 Hong Kong; 100% ownership interest (2025); held through Matex Holdings Pte. Ltd.; Wholesale trade of variety of goods without a dominant product
Shanghai JingCaiYuan New Materials Co., Ltd.Held through a subsidiary (MTL); proportion of ownership interest 2025 (2024: –)PDF p. 136 PRC; 100% ownership interest (2025); held through Matex Chemicals Technologies (Shanghai) Co., Ltd (MTL); Sales of new membrane materials, technology import and export, customs clearance for goods import and export, import and export agency services

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

ItemValuePeriod / scopeSource
MR CHEN HONGBO Chief Executive Officer PDF p. 11
MR SEOW HAN KHYE Chief Financial Officer and Joint Company Secretary PDF p. 11

Extracted from Nanyang New Development Limited Annual Report 2025 and checked against the cited pages; see the original report for full context.

Shareholding statistics

Share capital & shareholders

Share capital

ItemValuePeriod / scopeSource
No. of Shares (excluding treasury shares and subsidiary holdings) 515,698,153 shares Company, as at 31 March 2026 · As at 2026-03-31 PDF p. 164
Class of Shares Ordinary shares Company · As at 2026-03-31 PDF p. 164
Voting Rights One vote per share Company · As at 2026-03-31 PDF p. 164

Treasury shares

ItemValuePeriod / scopeSource
No. of Treasury Shares and percentage Nil Company · As at 2026-03-31 PDF p. 164
Number of Subsidiary Holdings and percentage Nil Company · As at 2026-03-31 PDF p. 164

Shareholding distribution

ItemValuePeriod / scopeSource
1 – 99 39 shareholders; 4.24%; 380 shares; 0.00% Size band 1 – 99 · As at 2026-03-31 PDF p. 164
100 – 1,000 92 shareholders; 10.01%; 86,600 shares; 0.02% Size band 100 – 1,000 · As at 2026-03-31 PDF p. 164
1,001 – 10,000 251 shareholders; 27.31%; 1,474,900 shares; 0.29% Size band 1,001 – 10,000 · As at 2026-03-31 PDF p. 164
10,001 – 1,000,000 499 shareholders; 54.30%; 71,123,968 shares; 13.79% Size band 10,001 – 1,000,000 · As at 2026-03-31 PDF p. 164
1,000,001 AND ABOVE 38 shareholders; 4.14%; 443,012,305 shares; 85.90% Size band 1,000,001 and above · As at 2026-03-31 PDF p. 164
TOTAL 919 shareholders; 100.00%; 515,698,153 shares; 100.00% All shareholders · As at 2026-03-31 PDF p. 164

Free float

ItemValuePeriod / scopeSource
PERCENTAGE OF SHAREHOLDINGS HELD IN PUBLIC’S HANDS 43.18% Company · As at 2026-03-31 PDF p. 165
Rule 723 compliance statement the Company complied with Rule 723 of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited which requires at least 10% of the total number of issued shares Company · As at 2026-03-31 PDF p. 165

Extracted from Nanyang New Development Limited 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

ItemValuePeriod / scopeSource
Mr Tan Guan Liang (ii) Sale of Company vehicle to Mr Tan Guan Liang at a fair market value of S$107,000 Group, FY2025 PDF p. 81

Contingent liabilities

ItemValuePeriod / scopeSource
Corporate guarantee is repayable over 5 years and is secured by corporate guarantee provided by the Company. Group borrowings PDF p. 145

Director remuneration

ItemValuePeriod / scopeSource
Mr Kho2 32,289 S$ Director fees and total, FY2025 PDF p. 67
Mr Chng3 33,333 S$ Director total, FY2025 PDF p. 67
Dr Liu5 43,050 S$ Director total, FY2025 PDF p. 67
Dr Tan Pang Kee7 709,414 S$ Director total, FY2025 PDF p. 67
Mr Tan Guan Liang10 402,557 S$ Director total, FY2025 PDF p. 67
Mr Chen HongBo14 53,200 S$ Director total, FY2025 PDF p. 67
Total 1,423,882 S$ All directors, FY2025 PDF p. 67

Employees

ItemValuePeriod / scopeSource
Number of employees 60 count Group, FY2025 (comparatives FY2024: 65; FY2023: 72) PDF p. 32

Properties

ItemValuePeriod / scopeSource
Land use rights The land use rights held by the Group relate to property at Plot 43/1 Hong Si Cun, Tang-Zhen Pudong, Shanghai, the PRC. The land use rights have 50 years tenure commencing from 2006. Group PDF p. 132

Subsequent events

ItemValuePeriod / scopeSource
Cessation payments settled On 15 January 2026, the Company settled the cessation payments of $462,000 and $109,000 Group · As at 2026-01-15 PDF p. 163
Change of name the Company had been successfully changed from “Matex International Limited” to “Nanyang New Development Limited” with immediate effect. Company · As at 2026-01-26 PDF p. 163
Gold Bar Pte. Ltd. investment agreement the Company will hold 110,000 ordinary shares in the capital of GBPL, representing 55% of the total enlarged issued and paid-up share capital of GBPL Company · As at 2026-02-06 PDF p. 163
Termination of GBPL agreement the parties to the Agreement have mutually agreed not to proceed with the Share Subscription and to terminate the Agreement. Company · As at 2026-04-02 PDF p. 163

Extracted from Nanyang New Development Limited Annual Report 2025 and checked against the cited pages; see the original report for full context.

Source: Nanyang New Development Limited Annual Report 2025 ↗

Corporate information

Registration & contacts

Incorporated In
SINGAPORE
Incorporated On
30 Sep 1989
Email
[email protected]
Telephone
65 60278811
Fax
65 68610128
Registered Office
380 Jalan Besar
#07-10 ARC 380
Singapore 209000
Secretary
Tan Sey Liy Shirley
Seow Han Khye
Registrar / Transfer Agent
ASCENTIUM CORPORATE SERVICES PTE. LTD.
Registrar Address
36 Robinson Road, #20-01 City House, Singapore 068877
Auditors
MOORE STEPHENS LLP
Other Stock Exchange Listings
*SINGAPORE EXCHANGE (CATALIST)
Country
SINGAPORE
Security Type
stocks