Date: 18 November 2025
Key Highlights from the Announcement
- Increase in Aggregate Cost of Quoted Investments:
- Before recent acquisitions, the aggregate cost stood at S\$228.52 million.
- After the acquisitions, it increased to S\$231.12 million.
- Quoted Investments as a Percentage of Net Tangible Assets (NTA):
- Prior to the acquisition, quoted investments represented 84.07% of the company’s latest audited consolidated NTA as at 31 December 2024.
- This figure rose to 85.02% post-acquisition.
- Total Market Value of Quoted Investments:
- The market value increased from S\$211.97 million to S\$214.57 million as at 31 October 2025.
- Latest Audited Consolidated Net Tangible Assets:
- Unchanged at S\$271.83 million as at 31 December 2024.
Important Considerations for Shareholders
- The company’s aggregate cost of quoted investments now constitutes a substantial portion of its NTA (85.02%), indicating a high exposure to quoted equity and debt securities. This concentration may amplify both potential returns and risks, depending on market performance.
- The increase in both the aggregate cost and the market value of these investments could signal management’s confidence in acquiring more quoted securities, which may be seen as a bullish indicator by the market.
- Investors should note that the market value of quoted investments (S\$214.57 million) remains below the aggregate cost (S\$231.12 million), suggesting that the portfolio is currently valued below its acquisition cost. This could be a point of concern or an opportunity, depending on future market movements and management’s strategy.
- This disclosure is made pursuant to Rule 704(17)(b) of the SGX Listing Manual, indicating its potential materiality for shareholders.
About Global Investments Limited
Global Investments Limited (GIL) is a Singapore-registered company offering investors access to a diversified portfolio of assets and economic exposures. GIL is managed by Singapore Consortium Investment Management Limited.
Potential Share Price Impact
The announcement reveals a significant increase in the company’s exposure to quoted investments relative to its net tangible assets. Such a move could influence investor sentiment, particularly given the high proportion of the company’s assets now tied to quoted securities. If market participants view this as a sign of confidence and potential for future gains, it could have a positive impact on the share price. Conversely, concerns about market valuation being below cost may introduce caution among shareholders.
Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investors should conduct their own due diligence or consult a qualified financial adviser before making investment decisions.
