Singapore, September 26, 2024 — NTG Holding Ltd has announced a substantial increase in its shareholding in 9R Limited (SGX: 1Y1), reflecting growing confidence in the company’s leadership in supply chain management and family entertainment. According to the latest filing with the Singapore Exchange (Form 3), NTG raised its stake from 20.44% to 24.32%, an increase of 42,288,858 shares.
NTG’s subsidiaries— Irelia Management Sdn. Bhd. (“Irelia”), Tristan Management Sdn. Bhd. (“Tristan”), Synergy Supply Chain Management Sdn. Bhd. (“SSCM”), and SFF Venture Sdn. Bhd. (“SFF”)—were used to execute this increase, boosting NTG’s total shareholding from 222,214,804 shares to 264,503,662 shares.
Strengthening in Key Sectors
9R Limited operates across two primary divisions: supply chain management, through its subsidiaries DSC and DSCSG, and family entertainment, under its brand 9R Leisure. The company addresses critical challenges in supply chain efficiency while also expanding its presence in lifestyle and entertainment, particularly in family leisure spaces. NTG’s increased stake aligns with its vision to support companies at the forefront of innovation in these high-potential sectors.
Long-term Strategic Commitment
By increasing its investment, NTG seeks to play a more active role in supporting 9R’s ongoing growth in these sectors. This move is consistent with NTG’s strategy of strengthening its influence in key industries where it sees significant future growth opportunities. 9R’s dual focus on improving supply chain efficiencies and diversifying into family entertainment makes it an attractive long-term investment for NTG.
About NTG Holding Ltd
NTG Holding Ltd is a diversified investment group.Through its strategic investments, NTG continues to build its portfolio across industries with strong growth trajectories, particularly in Southeast Asia.
This increased shareholding was disclosed in compliance with SGX regulations and highlights NTG’s commitment to 9R Limited’s success in the supply chain and entertainment industries. For more information about 9R Limited, visit 9R Limited’s website (SGX Links)(SG Investors Share).