While public companies own 29% of Formosa Prosonic Industries Berhad (KLSE:FPI), individual investors are its largest shareholders with 41% ownership
The considerable proportion of ownership by notable individual investors at Formosa Prosonic Industries Berhad implies that the crucial determinations are impacted by shareholders from the wider populace.
The company is predominantly owned by its 12 largest shareholders, who collectively hold a majority stake of 51%.
Formosa Prosonic Industries Berhad is primarily held by internal stakeholders, who collectively possess a formidable 21% of the company's shares.
In order to grasp the real authority within Formosa Prosonic Industries Berhad (KLSE:FPI), it is crucial to comprehend the ownership framework of the company. The cluster possessing the greatest proportion of shares in the corporation, specifically around 41%, consists of individual investors. In simpler terms, this particular group has the most to gain (or the most to lose) from their investment in the company.
In contrast, public enterprises make up 29% of the firm's shareholders.
Now, let's explore further into every category of owner of Formosa Prosonic Industries Berhad, starting with the diagram presented below.
Discover our most recent examination of Formosa Prosonic Industries Berhad
Insight From Institutional Ownership Of Formosa Prosonic Industries?
Institutional investors often evaluate their own gains in relation to the returns of a widely monitored index. As such, they tend to contemplate purchasing bigger corporations that are incorporated within the appropriate benchmark index.
Formosa Prosonic Industries Berhad has attracted a considerable interest from institutional investors, which suggests that the company is regarded as reliable in the investment community. However, it is important to exercise caution and not rely solely on the validation provided by institutional investors. They can also make mistakes. It is not unusual to witness a significant decrease in share price if two influential institutional investors decide to sell their shares simultaneously. Therefore, it would be wise to examine the historical earnings trajectory of Formosa Prosonic Industries Berhad. However, it is crucial to remember that there are other factors that should be taken into consideration as well.
Formosa Prosonic Industries Berhad does not have a significant number of shares in the possession of hedge funds. The company's primary shareholder, Wistron Corporation, holds the majority ownership at 27%. As for the second and third most substantial shareholders, they own 5.1% and 3.2% of the total shares available, respectively. Notably, Chao Yuan Shih, the third-largest shareholder, holds a noteworthy position as a Member of the Board of Directors.
When we examine the list of shareholders, it becomes evident that the top 12 shareholders collectively have control over 51% of the ownership. Consequently, it can be deduced that no individual shareholder holds a majority stake in the ownership.
Although examining the extent of institutional ownership in a company can enhance your research findings, it is advisable to also explore analyst recommendations to gain a more comprehensive insight into the anticipated performance of a particular stock. Currently, we have not come across any analyst coverage on this stock, indicating that the company is probably not held by a large number of investors.
The exact interpretation of an insider can vary, but nearly everyone agrees that board members hold this status. Company executives oversee the operations, yet the CEO still remains accountable to the board, even if they happen to be a member of it.
When insiders own a significant portion of a company, it can be seen as a good sign because it means that the company's leaders are thinking in the best interest of the company's owners. However, having a high level of insider ownership can also result in a small group within the company having a great amount of control, which can have negative implications in certain situations.
According to our data, individuals within the company have a considerable stake in Formosa Prosonic Industries Berhad. The insiders possess shares valued at RM134m in this RM635m company. It is admirable to witness such high involvement from insiders in the enterprise. It could be worthwhile to investigate if these insiders have made any recent purchases.
The average citizens, typically retail investors, possess a 41% share in Formosa Prosonic Industries Berhad. Although this level of ownership might not have sufficient influence to heavily influence policy decisions, they can still collectively exert their impact on the company's policies.
Formosa Prosonic Industries Berhad stock is currently held by publicly traded companies, accounting for approximately 29% of the total shares. This could indicate a deliberate investment move with potential strategic implications, suggesting that these two entities might share business interests or have undergone a separation. In order to gain a deeper understanding, it would be wise to delve into this particular ownership stake and explore its implications.
Although it is worth taking into account the various parties in control of a company, there are additional factors that hold greater significance. For instance, we have come across a notable indicator of caution regarding Formosa Prosonic Industries Berhad, which you should take heed of prior to making any investments in this company.
Naturally, this might not be the top choice for an investment. Hence, have a glance at this complimentary compilation of captivating corporations.
Please note that the information provided in this blog is based on data collected over the past twelve months. The data specifically pertains to the twelve-month duration ending on the final day of the month indicated on the financial statement. It is important to remember that these figures may not align with the complete annual report for the fiscal year.
Do you have any feedback regarding this article? Are you worried about the content? Please reach out to us directly. Alternatively, you can send an email to the editorial-team at simplywallst.com.
This blog post from Simply Wall St is very broad. We offer opinions based on past information and expert predictions using a fair approach, and our posts are not meant to give financial recommendations. It is not a suggestion to purchase or sell any stocks, and it doesn't consider your goals or financial state. Our goal is to provide you with analysis that focuses on the long-term and is supported by important data. Please note that our analysis may not include the most recent company announcements or qualitative information. Simply Wall St has no stake in any stocks mentioned.
Participate in a compensated user research session and receive a generous US$30 Amazon Gift card in exchange for dedicating one hour of your valuable time. By joining us, you will contribute to the enhancement of investing tools specifically designed for individual investors like you. Don't miss this opportunity and sign up now!
