Source: Company reports. Distribution based on ownership shares.
Globe Telecom on the other hand is owned 47 percent by the Singtel Group, for many decades the monopoly in Singapore’s telecoms. It is owned mainly by the Singapore government’s investment firm Temasek. It is therefore in the last instance the Singapore government that is the biggest stockholder of Globe, and its ultimate boss is none other than the head of that island state, who is Prime Minister Lee Hsien Loong, the eldest son of that country’s first prime minister Lee Kuan Yew.