NetLink NBN Trust Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SGX:CJLU Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Dec 24	BuyS$213,750	Yew Tong	Individual	250,000	S$0.85
02 Dec 24	SellS$519,000	Temasek Holdings (Private) Limited	Company	600,000	S$0.86
26 Jun 24	BuyS$82,500	Yew Tong	Individual	100,000	S$0.82
23 May 24	BuyS$86,500	Yew Tong	Individual	100,000	S$0.86
29 Feb 24	BuyS$252,000	Temasek Holdings (Private) Limited	Company	300,000	S$0.84
22 Feb 24	SellS$340,000	Temasek Holdings (Private) Limited	Company	400,000	S$0.85
16 Feb 24	BuyS$84,500	Yew Tong	Individual	100,000	S$0.84
28 Dec 23	SellS$3,125,893	M&G Investment Management Limited	Company	3,721,300	S$0.84

Insider Trading Volume

Insider Buying: CJLU insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of CJLU?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	12,475,000	0.32%
Private Companies	17,400,000	0.447%
Institutions	685,332,405	17.6%
Public Companies	966,259,068	24.8%
General Public	2,215,504,627	56.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 42.41% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
24.8%	Singapore Telecommunications Limited	966,259,068	S$816.5m	0.03%	no data
4.91%	M&G Investment Management Limited	191,526,300	S$161.8m	0%	0.24%
2.91%	The Vanguard Group, Inc.	113,436,613	S$95.9m	0.62%	no data
1.59%	CBRE Investment Management Listed Real Assets LLC	62,096,188	S$52.5m	0%	0.53%
1.43%	BlackRock, Inc.	55,738,400	S$47.1m	2.7%	no data
1.33%	Norges Bank Investment Management	51,987,757	S$43.9m	0%	no data
1.19%	Temasek Holdings (Private) Limited	46,383,553	S$39.2m	-9.28%	0.02%
0.6%	Dimensional Fund Advisors LP	23,541,403	S$19.9m	-1.94%	no data
0.55%	CI Global Asset Management	21,259,841	S$18.0m	-3.86%	0.03%
0.46%	Ifast Financial Pte. Ltd., Asset Management Arm	17,873,300	S$15.1m	0%	1.12%
0.45%	Guthrie Venture Pte Ltd	17,400,000	S$14.7m	0%	no data
0.25%	Chee Kong Liew	9,835,000	S$8.3m	0%	no data
0.21%	WisdomTree Asset Management, Inc.	8,274,200	S$7.0m	-7.77%	0.03%
0.2%	Charles Schwab Investment Management, Inc.	7,616,293	S$6.4m	1.64%	no data
0.19%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	7,510,266	S$6.3m	103%	no data
0.18%	Nikko Asset Management Asia Limited	7,026,500	S$5.9m	0%	0.27%
0.17%	Nuveen Investments, Inc.	6,497,757	S$5.5m	-5.73%	0.01%
0.16%	Veritas Asset Management LLP	6,319,010	S$5.3m	0%	0.02%
0.15%	Schroder Investment Management (Singapore) Ltd.	5,813,800	S$4.9m	0%	0.02%
0.14%	Value Partners Hong Kong Limited	5,543,700	S$4.7m	0%	0.13%
0.13%	Phillip Capital Management Singapore Ltd.	4,967,652	S$4.2m	0%	0.78%
0.12%	UBS Asset Management AG	4,483,696	S$3.8m	13.9%	no data
0.099%	Mellon Investments Corporation	3,862,400	S$3.3m	10.9%	no data
0.098%	Legal & General Investment Management Limited	3,813,461	S$3.2m	0%	no data
0.089%	Bantleon Bank AG, Asset Management Arm	3,485,100	S$2.9m	0%	1.9%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 10:17
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NetLink NBN Trust is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sachin Salgaonkar	BofA Global Research
Mat Collings	CGS International
Luis Hilado	Citigroup Inc