While individual investors own 27% of VICOM Ltd (SGX:WJP), public companies are its largest shareholders with 67% ownership

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

Sun, Mar 2, 2025, 7:41 PM 4 min read

VICOM's significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public
The largest shareholder of the company is ComfortDelGro Corporation Limited with a 67% stake
Using data from company's past performance alongside ownership research, one can better assess the future performance of a company

A look at the shareholders of VICOM Ltd (SGX:WJP) can tell us which group is most powerful. The group holding the most number of shares in the company, around 67% to be precise, is public 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 27% of the company’s shareholders.

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

See our latest analysis for VICOM

ownership-breakdown — SGX:WJP Ownership Breakdown March 3rd 2025

What Does The Lack Of Institutional Ownership Tell Us About VICOM?

Small companies that are not very actively traded often lack institutional investors, but it's less common to see large companies without them.

There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. It is also possible that fund managers don't own the stock because they aren't convinced it will perform well. VICOM's earnings and revenue track record (below) may not be compelling to institutional investors -- or they simply might not have looked at the business closely.

earnings-and-revenue-growth — SGX:WJP Earnings and Revenue Growth March 3rd 2025

VICOM is not owned by hedge funds. The company's largest shareholder is ComfortDelGro Corporation Limited, with ownership of 67%. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. Chee Leong Chu is the second largest shareholder owning 1.1% of common stock, and Thiam Siong Sze holds about 0.9% of the company stock.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of VICOM

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

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.

Shareholders would probably be interested to learn that insiders own shares in VICOM Ltd. It has a market capitalization of just S$475m, and insiders have S$24m worth of shares, in their own names. It is good to see some investment by insiders, but it might be worth checking if those insiders have been buying.

General Public Ownership

The general public-- including retail investors -- own 27% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Public Company Ownership

It appears to us that public companies own 67% of VICOM. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that VICOM is showing 3 warning signs in our investment analysis , and 1 of those is significant...

Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials.

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.