Singapore Exchange · Industrials
Invest in Nam Cheong stock from India
Indian and foreign residents can buy Nam Cheong (1MZ) shares directly through Paasa.
By Paasa · Updated
Nam Cheong at a glance
- Price
- S$0.98-S$0.01 (0.51%)
- Market cap
- S$393.09M
- Day range
- S$0.98 – S$0.99
- P/E
- 3.56
- Dividend yield
- None
- Volume
- 630.00K
- 1 month
- -1.51%
- 6 months
- -35.10%
- YTD
- +4.26%
- 1 year
- +34.25%
- 5 years
- +24400.00%
Nam Cheong statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | MYR 596.6M | MYR 684.7M | MYR 475.3M | MYR 365.7M | MYR 286.2M |
| Gross profit | MYR 288.1M | MYR 363.3M | MYR 168.6M | MYR 100.7M | MYR 63.7M |
| Operating income | MYR 227.5M | MYR 852.9M | MYR 203.9M | MYR 42.3M | −MYR 2.0M |
| Net income | MYR 259.1M | MYR 785.2M | MYR 175.0M | MYR 59.3M | MYR 86.8M |
| Earnings per share | MYR 0.66 | MYR 2.36 | MYR 2.17 | MYR 0.75 | MYR 1.12 |
| EBITDA | MYR 319.9M | MYR 901.9M | MYR 257.8M | MYR 138.6M | MYR 152.8M |
| Total assets | MYR 1.5B | MYR 1.3B | MYR 919.5M | MYR 697.1M | MYR 606.3M |
| Total debt | MYR 426.9M | MYR 458.4M | MYR 299.6M | MYR 301.6M | MYR 321.0M |
| Cash and short-term investments | MYR 202.5M | MYR 121.9M | MYR 53.4M | MYR 62.9M | MYR 26.7M |
| Shareholders' equity | MYR 825.7M | MYR 560.8M | −MYR 488.8M | −MYR 625.3M | −MYR 661.3M |
| Operating cash flow | MYR 135.5M | MYR 191.1M | MYR 24.8M | MYR 64.2M | MYR 59.2M |
| Free cash flow | MYR 54.8M | MYR 92.8M | −MYR 53.5M | −MYR 29.3M | MYR 36.0M |
| Capital expenditure | −MYR 80.7M | −MYR 98.2M | −MYR 78.3M | −MYR 93.5M | −MYR 23.2M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in MYR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Yangzijiang Shipbuilding | BS6.SI | S$5.13 | S$20.19B |
| Seatrium | 5E2.SI | S$2.05 | S$6.95B |
| Israel Shipyards Industries | ISHI.TA | $9,915.00 | $2.48B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Nam Cheong from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search 1MZ and buy
Find Nam Cheong by name or by its ticker, 1MZ, and place your order.
Why invest in Nam Cheong from India
What Nam Cheong does
Established in 1968 and headquartered in Singapore, Nam Cheong Limited operates as an investment holding company primarily focused on marine vessel construction and leasing. Its shipbuilding division manufactures a diverse array of specialized craft, including anchor handling tug supply (AHTS) vessels, platform supply vessels (PSVs), maintenance work vessels (MWV), accommodation work barges (AWB), safety standby vessels (SSVs), landing crafts, and fast crew boats (FCB). Nam Cheong operates in the Aerospace & Defense industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Nam Cheong stock from India?
Yes. Indian residents and NRIs can buy Nam Cheong (1MZ) shares directly through Paasa. Nam Cheong is listed on the Singapore Exchange, in the Aerospace & Defense industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Nam Cheong dividends taxed for Indian investors?
Nam Cheong does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Nam Cheong shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Nam Cheong shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.