Lincotrade: Executive Chairman and CEO increase stakes following record FY2026 results
On Aug 31, executive chairman Tan Kok Heng acquired 30,000 shares at S$0.33 per share, increasing his direct interest to 245,800 shares, representing 0.14 per cent of Lincotrade’s issued shares from 0.12 per cent previously. On the same day, executive director and CEO Jackie Soh acquired 83,300 shares at S$0.33246 per share, increasing his direct interest to 45.54 million shares, representing 25.17 per cent of the company’s issued shares from 25.13 per cent previously.
Tan is responsible for the group’s strategic capital deployment, joint venture partnerships and asset management initiatives in Singapore and overseas markets. Prior to assuming the executive role in May 2026, he served as independent non-executive chairman. His earlier career included senior leadership positions with Sunway RE Capital and Sime Darby Property, where he was involved in real estate fund management, capital raising and joint venture development.
Soh co-founded Lincotrade & Associates in 1991, and has led the business for more than three decades. As CEO, he oversees the group’s marketing, business development and operational growth initiatives. The insider purchases followed record FY2026 results. Revenue increased 75.8 per cent to S$129.5 million, while net profit attributable to shareholders rose 215.3 per cent to S$8.1 million.
The group reported an order book of S$106.2 million as at Jun 30, and subsequently secured its largest-ever contract, valued at approximately S$70 million, in July 2026.