StarhillGbl Reit P40U

SGD 0.49 +1.02% +0.01 Updated 13 Nov 2026, 17:16 SGT

Company profile

The business, the people and the ownership behind StarhillGbl Reit.

Business overview

About the company

Starhill Global REIT invests primarily in retail and office properties in Singapore and overseas. Its portfolio spans Singapore, Australia, Malaysia, Japan and China.

Annual Report 2026 ↗ Reviewed 2026-10-23 · Source dated 2026-09-24. PDF p. 2

Listed security

Company & listing

Full Company Name
YTL STARHILL GLOBAL REIT MANAGEMENT LIMITED
Trading Currency
SGD
Website
www.starhillglobalreit.com
Listing
Listed on 20 September 2005 on SGX Mainboard
ISIN Code
SG1S18926810

Board & management

Leadership

The report includes seven directors at 30 June 2026, two alternate directors and two subsequent appointments. Ho Sing retired on 30 June 2026; Tan Woon Hum retired on 1 August 2026. These historical roles remain separately identified.

Tan Sri (Sir) Francis Yeoh

Non-Executive Chairman

Manager board as at 30 June 2026 As reported at 2026-06-30

Mr Ho Sing

Executive Director; Chief Executive Officer

Manager board as at 30 June 2026; former role — Retired as Executive Director and Chief Executive Officer on 30 June 2026. As reported at 2026-06-30

Dato’ Yeoh Seok Kian

Non-Executive Director

Manager board as at 30 June 2026 As reported at 2026-06-30

Mr Kelvin Chow Chung Yip

Lead Independent Director; Non-Executive

Manager board as at 30 June 2026 As reported at 2026-06-30

Mr Tan Woon Hum

Independent Director; Non-Executive

Manager board as at 30 June 2026; former role — Retired as Independent Director on 1 August 2026. As reported at 2026-06-30

Ms Ho Gek Sim Grace

Independent Director; Non-Executive

Manager board as at 30 June 2026 As reported at 2026-06-30

Mr Soong Tuck Yin

Independent Director; Non-Executive

Manager board as at 30 June 2026 As reported at 2026-06-30

Mr Yeoh Keong Shyan

Alternate Director to Tan Sri (Sir) Francis Yeoh

Manager alternate director as at 30 June 2026 As reported at 2026-06-30

Ms Yeoh Pei Nee

Alternate Director to Dato’ Yeoh Seok Kian

Manager alternate director as at 30 June 2026 As reported at 2026-06-30

Ms Kemmy Tan

Executive Director and Chief Executive Officer

Manager board — appointment after financial year end As reported at 2026-07-01

Mr Ng Sey Ming

Independent Director

Manager board — appointment after financial year end As reported at 2026-08-01

Roles listed in Annual Report FY 2025/26; current appointments are not independently verified.

Holdings

Ownership

Registered holdings are as at 26 August 2026; Manager director interests are as at 21 July 2026. Registered nominees are distinct from beneficial holders. Overlapping deemed interests are not summed.

Soong Tuck Yin holds 110,000 units jointly with spouse. The printed direct-percentage dash means less than 0.01%, as source footnotes (2) and (4) specify.

Starhill Global REIT Investments Limited

Direct: 548,425,632 Units (23.61%); deemed: - Units (-%); total: 548,425,632 Units (23.61%).

Direct, deemed and total Unit interests As reported at 2026-08-26

YTL Cayman Limited

Direct: 18,636,160 Units (0.80%); deemed: 624,402,426 Units (26.89%); total: 643,038,586 Units (27.69%).

Direct, deemed and total Unit interests As reported at 2026-08-26

YTL Corporation Berhad

Direct: 210,195,189 Units (9.05%); deemed: 671,024,754 Units (28.89%); total: 881,219,943 Units (37.94%).

Direct, deemed and total Unit interests As reported at 2026-08-26

Yeoh Tiong Lay & Sons Holdings Sdn Bhd

Direct: - Units (-%); deemed: 881,219,943 Units (37.94%); total: 881,219,943 Units (37.94%).

Direct, deemed and total Unit interests As reported at 2026-08-26

Yeoh Tiong Lay & Sons Family Holdings Limited

Direct: - Units (-%); deemed: 881,219,943 Units (37.94%); total: 881,219,943 Units (37.94%).

Direct, deemed and total Unit interests As reported at 2026-08-26

Yeoh Tiong Lay & Sons Trust Company Limited

Direct: - Units (-%); deemed: 881,219,943 Units (37.94%); total: 881,219,943 Units (37.94%).

Direct, deemed and total Unit interests As reported at 2026-08-26

Puan Sri Datin Seri Tan Kai Yong @ Tan Kay Neong

Direct: - Units (-%); deemed: 881,219,943 Units (37.94%); total: 881,219,943 Units (37.94%).

Direct, deemed and total Unit interests As reported at 2026-08-26

Tan Sri (Sir) Francis Yeoh

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Kemmy Tan

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Dato’ Yeoh Seok Kian

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Kelvin Chow Chung Yip

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Tan Woon Hum

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Ho Gek Sim Grace

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Soong Tuck Yin

Direct: 110,000 Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Yeoh Keong Shyan

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

Yeoh Pei Nee

Direct: - Units (-%); deemed: - Units (-%).

Direct and deemed Unit interests of Manager director As reported at 2026-07-21

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 2026-08-26 · PDF p. 191

Registered holderInterestShares / unitsSource
CITIBANK NOMINEES SINGAPORE PTE LTDNo. of Units: 1,093,448,895; percentage: 47.08%.PDF p. 1912026-08-26
DBS NOMINEES (PRIVATE) LIMITEDNo. of Units: 224,485,490; percentage: 9.67%.PDF p. 1912026-08-26
HSBC (SINGAPORE) NOMINEES PTE LTDNo. of Units: 86,165,361; percentage: 3.71%.PDF p. 1912026-08-26
YTL STARHILL GLOBAL REIT MANAGEMENT LIMITEDNo. of Units: 75,976,794; percentage: 3.27%.PDF p. 1912026-08-26
RAFFLES NOMINEES (PTE.) LIMITEDNo. of Units: 64,574,249; percentage: 2.78%.PDF p. 1912026-08-26
DBSN SERVICES PTE. LTD.No. of Units: 61,312,053; percentage: 2.64%.PDF p. 1912026-08-26
OCBC SECURITIES PRIVATE LIMITEDNo. of Units: 34,053,171; percentage: 1.47%.PDF p. 1912026-08-26
UNITED OVERSEAS BANK NOMINEES (PRIVATE) LIMITEDNo. of Units: 23,867,883; percentage: 1.03%.PDF p. 1912026-08-26
CGS INTERNATIONAL SECURITIES SINGAPORE PTE. LTD.No. of Units: 23,678,343; percentage: 1.02%.PDF p. 1912026-08-26
PHILLIP SECURITIES PTE LTDNo. of Units: 18,503,488; percentage: 0.80%.PDF p. 1912026-08-26
ABN AMRO CLEARING BANK N.V.No. of Units: 14,805,625; percentage: 0.64%.PDF p. 1912026-08-26
IFAST FINANCIAL PTE. LTD.No. of Units: 14,105,264; percentage: 0.61%.PDF p. 1912026-08-26
OCBC NOMINEES SINGAPORE PRIVATE LIMITEDNo. of Units: 12,913,814; percentage: 0.56%.PDF p. 1912026-08-26
MAYBANK SECURITIES PTE. LTD.No. of Units: 8,773,561; percentage: 0.38%.PDF p. 1912026-08-26
SOON LI HENG CIVIL ENGINEERING PTE LTDNo. of Units: 7,556,162; percentage: 0.33%.PDF p. 1912026-08-26
MOOMOO FINANCIAL SINGAPORE PTE. LTD.No. of Units: 7,428,607; percentage: 0.32%.PDF p. 1912026-08-26
DBS VICKERS SECURITIES (SINGAPORE) PTE LTDNo. of Units: 6,920,134; percentage: 0.30%.PDF p. 1912026-08-26
SOH PENG SEAHNo. of Units: 6,000,000; percentage: 0.26%.PDF p. 1912026-08-26
KGI SECURITIES (SINGAPORE) PTE. LTD.No. of Units: 5,024,344; percentage: 0.22%.PDF p. 1912026-08-26
UOB KAY HIAN PRIVATE LIMITEDNo. of Units: 4,571,426; percentage: 0.20%.PDF p. 1912026-08-26

Group structure

Main operating subsidiaries

All 13 subsidiaries in Note 6 are included. The source schedule does not disclose each subsidiary’s principal activity. No separately identified associate or joint-venture schedule was found in the source search; no entities are inferred from other companies’ biographies.

CompanyMarketOwnership interest
Starhill Global REIT Japan SPC One Pte LtdEffective interest; 2026 then 2025 Singapore; 100; 100
Starhill Global REIT Japan SPC Two Pte LtdEffective interest; 2026 then 2025 Singapore; 100; 100
Starhill Global REIT MTN Pte LtdEffective interest; 2026 then 2025 Singapore; 100; 100
SG REIT (M) Pte LtdEffective interest; 2026 then 2025 Singapore; 100; 100
SG REIT (WA) Pte LtdEffective interest; 2026 then 2025 Singapore; 100; 100
Starhill Global REIT One TMKEffective interest; 2026 then 2025 Japan; 100; 100
Starhill Global ML K.K.Effective interest; 2026 then 2025 Japan; 100; 100
Top Sure Investment LimitedEffective interest; 2026 then 2025 Hong Kong; 100; 100
Chengdu Xin Hong Management Co., LtdEffective interest; 2026 then 2025 China; 100; 100
SG REIT (WA) TrustEffective interest; 2026 then 2025 Australia; 100; 100
SG REIT (WA) Sub-Trust1Effective interest; 2026 then 2025 Australia; 100; 100
SG REIT (SA) Sub-Trust2Effective interest; 2026 then 2025 Australia; 100; 100
Ara Bintang BerhadEffective interest; 2026 then 2025 Malaysia; 100; 100

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
Ms Clare Koh Senior Vice President; Head of Investments Manager (YTL Starhill Global REIT Management Limited) PDF p. 25

Extracted from Annual Report FY 2025/26 and checked against the cited pages; see the original report for full context.

Shareholding statistics

Share capital & shareholders

Share capital

ItemValuePeriod / scopeSource
Number of issued and fully paid Units 2,322,413,300 Units Starhill Global REIT · As at 2026-08-26 PDF p. 191
Voting rights One vote per Unit Starhill Global REIT · As at 2026-08-26 PDF p. 191
Market capitalisation S$1,219,266,983 Starhill Global REIT · As at 2026-08-26 PDF p. 191

Treasury shares

ItemValuePeriod / scopeSource
Number/Percentage of treasury Units Nil Starhill Global REIT · As at 2026-08-26 PDF p. 191
Number/Percentage of subsidiary holdings Nil Starhill Global REIT · As at 2026-08-26 PDF p. 191

Shareholding distribution

ItemValuePeriod / scopeSource
Total 14,674 Unitholders Distribution of unitholdings, total · As at 2026-08-26 PDF p. 191
1 – 99 162 holders; 1.10% of holders; 6,748 Units; 0.00% of Units Size of Unitholdings · As at 2026-08-26 PDF p. 191
100 – 1,000 679 holders; 4.63% of holders; 500,205 Units; 0.02% of Units Size of Unitholdings · As at 2026-08-26 PDF p. 191
1,001 – 10,000 6,810 holders; 46.41% of holders; 39,586,700 Units; 1.71% of Units Size of Unitholdings · As at 2026-08-26 PDF p. 191
10,001 – 1,000,000 6,955 holders; 47.40% of holders; 389,282,198 Units; 16.76% of Units Size of Unitholdings · As at 2026-08-26 PDF p. 191
1,000,001 and above 68 holders; 0.46% of holders; 1,893,037,449 Units; 81.51% of Units Size of Unitholdings · As at 2026-08-26 PDF p. 191

Free float

ItemValuePeriod / scopeSource
Free float approximately 62% of the Units were held in the hands of the public Starhill Global REIT · As at 2026-08-26 PDF p. 192
Rule 723 compliance Rule 723 of the listing manual of the SGX-ST has accordingly been complied with. Starhill Global REIT · As at 2026-08-26 PDF p. 192

Extracted from Annual Report FY 2025/26 and checked against the cited pages; see the original report for full context.

Related parties, people & properties

Other disclosures

Related party transactions

ItemValuePeriod / scopeSource
Property rental income from the Manager and Property Manager 670 $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Property rental income from related parties of the Manager 31,795 $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Management fees paid to the Manager (13,545) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Divestment fees paid to the Manager (184) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Servicer fees paid to a wholly-owned subsidiary of the Manager (885) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Property management fees paid to the Property Manager (3,550) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Leasing commission fees paid to the Property Manager (719) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Reimbursements paid to the Property Manager (491) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Trustee fees paid to the Trustee (444) $'000 Group, FY2026 (note 27 Related Parties) PDF p. 189
Trustee fees(2) 444 S$'000 Interested person: HSBC Institutional Trust Services (Singapore) Limited (Trustee); FY2025/26; no Unitholders' mandate (column: nil) PDF p. 193
Management fees(2)(3) 13,545 S$'000 Interested person: YTL Corporation Berhad and its subsidiaries and/or associates; FY2025/26 PDF p. 193
Property management fees and reimbursements(4) 4,760 S$'000 Interested person: YTL Corporation Berhad and its subsidiaries and/or associates; FY2025/26 PDF p. 193
Rental income(5) 2,131 S$'000 Interested person: YTL Corporation Berhad and its subsidiaries and/or associates; FY2025/26 PDF p. 193
Servicer fees(2) 885 S$'000 Interested person: YTL Corporation Berhad and its subsidiaries and/or associates; FY2025/26 PDF p. 193
Divestment fees(7) 184 S$'000 Interested person: YTL Corporation Berhad and its subsidiaries and/or associates; FY2025/26 PDF p. 193
Total 23,329 S$'000 Interested person: YTL Corporation Berhad and its subsidiaries and/or associates (table total as printed); FY2025/26 PDF p. 193

Contingent liabilities

ItemValuePeriod / scopeSource
Capital commitments (contracted but not provided) approximately $7.9 million Group, as at 30 June 2026 · As at 2026-06-30 PDF p. 189
Toshin master lease capital expenditure contribution up to $5.2 million Trust, Ngee Ann City Property master lease with Toshin Development Singapore Pte. Ltd. · As at 2026-06-30 PDF p. 189
Myer Pty Ltd arbitration The tribunal issued a partial final award in January 2026 in favour of the landlord, ordering that Myer’s claim is dismissed. Group, Myer Centre Adelaide (The Trust Company (Australia) Limited as trustee of SG REIT (SA) Sub-Trust2) PDF p. 189

Director remuneration

ItemValuePeriod / scopeSource
Tan Sri (Sir) Francis Yeoh S$106,300 Directors' fees payable, gross before netting off withholding tax, FY 2025/26 PDF p. 117
Dato’ Yeoh Seok Kian S$67,450 Directors' fees payable, gross, FY 2025/26 PDF p. 117
Mr Tan Bong Lin(1) S$12,992 Directors' fees payable, gross, FY 2025/26 PDF p. 117
Mr Kelvin Chow Chung Yip(2) S$64,958 Directors' fees payable, gross, FY 2025/26 PDF p. 117
Mr Tan Woon Hum S$74,000 Directors' fees payable, gross, FY 2025/26 PDF p. 117
Ms Ho Gek Sim Grace S$72,700 Directors' fees payable, gross, FY 2025/26 PDF p. 117
Mr Soong Tuck Yin S$72,700 Directors' fees payable, gross, FY 2025/26 PDF p. 117
Mr Ho Sing(1) S$1,264,366 CEO, FY 2025/26, total remuneration PDF p. 118
Aggregate of total remuneration for key management personnel (excluding CEO) S$2,539,986 Five key management personnel excluding CEO, FY 2025/26 PDF p. 118

Employees

ItemValuePeriod / scopeSource
Permanent employees 73 Number Manager's employees as at 30 June 2026 (FY 2025/26) · As at 2026-06-30 PDF p. 75

Subsequent events

ItemValuePeriod / scopeSource
Subsequent events (a) The Manager declared a distribution of 1.88 cents per unit in respect of the period from 1 January to 30 June 2026, which is payable on 24 September 2026. Subsequent to year ended 30 June 2026 PDF p. 189
Subsequent events (b) The Group utilised its unsecured sustainability-linked bank debt facility in July 2026 to refinance its existing A$63 million term loan, thereby extending its new maturity to July 2032. Subsequent to year ended 30 June 2026 PDF p. 189

Extracted from Annual Report FY 2025/26 and checked against the cited pages; see the original report for full context.

Source: Annual Report FY 2025/26 ↗

Corporate information

Registration & contacts

Incorporated In
SINGAPORE
Incorporated On
08 Aug 2005
Email
[email protected]
Telephone
65 6835 8633
Fax
65 6835 8644
Registered Office
391B Orchard Road
#24-03 Ngee Ann City Tower B
Singapore 238874
Secretary
Abdul Jabbar Bin Karam Din
Chiang Shu Zhen Amy
Registrar / Transfer Agent
BOARDROOM CORPORATE & ADVISORY SERVICES PTE. LTD.
Registrar Address
1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632
Auditors
KPMG LLP
Other Stock Exchange Listings
*SINGAPORE EXCHANGE LTD.
Country
SINGAPORE
Security Type
reits