Private companies account for 55% of LHN Limited's (SGX:41O) ownership, while individual investors account for 36%

editorial-team@simplywallst.com (Simply Wall St)

Sat, Mar 15, 2025, 6:05 PM 4 min read

Significant control over LHN by private companies implies that the general public has more power to influence management and governance-related decisions
The largest shareholder of the company is Lhn Capital Pte Ltd. with a 55% stake
Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock

If you want to know who really controls LHN Limited (SGX:41O), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 55% to be precise, is private companies. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Meanwhile, individual investors make up 36% of the company’s shareholders.

In the chart below, we zoom in on the different ownership groups of LHN.

Check out our latest analysis for LHN

ownership-breakdown — SGX:41O Ownership Breakdown March 16th 2025

What Does The Institutional Ownership Tell Us About LHN?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Institutions have a very small stake in LHN. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most.

earnings-and-revenue-growth — SGX:41O Earnings and Revenue Growth March 16th 2025

LHN is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Lhn Capital Pte Ltd. with 55% of shares outstanding. This implies that they have majority interest control of the future of the company. Zhiwei Teo is the second largest shareholder owning 4.2% of common stock, and Maybank Securities Pte Ltd, Asset Management Arm holds about 1.3% of the company stock.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of LHN

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

We can report that insiders do own shares in LHN Limited. In their own names, insiders own S$14m worth of stock in the S$199m company. This shows at least some alignment, but we usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling.

General Public Ownership

With a 36% ownership, the general public, mostly comprising of individual investors, have some degree of sway over LHN. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Company Ownership

It seems that Private Companies own 55%, of the LHN stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that LHN is showing 4 warning signs in our investment analysis , and 2 of those shouldn't be ignored...

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.