Nam Cheong Limited
Nam Cheong Limited (SES: 1MZ) is trading at S$0.98, about ₹74 at today's SGD/INR rate, as of 30 Sep 2026, 5:04 AM ET, down 0.51% today. Indian residents can buy Nam Cheong from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.98
Today's high
S$0.99
52 week low
S$0.66
52 week high
S$1.65
1MZ opened at S$0.99, closed previously at S$0.99, and has traded between S$0.66 and S$1.65 over the past 52 weeks.
About
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). Beyond manufacturing, the firm also provides vessel chartering, ship delivery services, and undertakes various trading activities. Nam Cheong's main clientele consists of major oil corporations, oil field service providers, ship owners, and marine service operators. The company maintains an extensive international footprint, with operations spanning Malaysia, Singapore, Indonesia, Vietnam, the People's Republic of China, the Netherlands, India, Tunisia, the Middle East, the United States, West Africa, and Latin America.
Key statistics
Avg. volume
1.13M
Market cap
S$393.09M
P/E Ratio
3.56
Price-to-sales ratio
1.82
Enterprise value
MYR 1.41B
Free cash flow yield
4.66%
Debt-to-equity ratio
0.34
Return on equity
31.38%
ROIC
15.36%
Beta
0.49
Dividend yield
0.00%
Last dividend
S$0.00
Financial overview
Revenue
MYR 596.57M
Earnings per share
MYR 0.66
Free cash flow
MYR 54.76M
Net profit margin
50.88%
Gross margin
42.82%
EBITDA
MYR 319.86M
Revenue growth
-12.87%
Similar securities
This is not an investment recommendation
How to buy Nam Cheong from India
Indian residents can buy Nam Cheong shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for Nam Cheong and place an order
Find Nam Cheong by name or by its ticker, 1MZ, and choose an order type. Nam Cheong trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Nam Cheong position in SGD and INR. Nam Cheong pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Nam Cheong from India
Trading and taxes when buying Nam Cheong from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneNam Cheong does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Nam Cheong stock?
Yes. Nam Cheong (1MZ) has been listed on the Singapore Exchange since 2000, in the Aerospace & Defense industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Nam Cheong share cost in rupees?
One Nam Cheong share is S$0.98 — about ₹74 at an SGD/INR rate of 75.05 on 29 Sep 2026. Both the Nam Cheong price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Nam Cheong from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Nam Cheong shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Nam Cheong price. Paasa issues a capital-gains statement for your return.
Does Nam Cheong pay a dividend?
No. Nam Cheong does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Nam Cheong from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Nam Cheong shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Nam Cheong?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Nam Cheong shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Nam Cheong holding, its cost and its closing value.
How do I sell Nam Cheong and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.