First Resources Limited
First Resources Limited (SES: EB5) is trading at S$4.49, about ₹337 at today's SGD/INR rate, as of 28 Sep 2026, 11:04 PM ET. Indian residents can buy First Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$4.47
Today's high
S$4.59
52 week low
S$1.63
52 week high
S$5.24
EB5 opened at S$4.49, closed previously at S$4.49, and has traded between S$1.63 and S$5.24 over the past 52 weeks.
About
First Resources Limited, founded in Singapore in 1992, operates as an investment holding company primarily focused on palm oil production. Its extensive operations span Singapore, Indonesia, Europe, China, and other international regions. The company's business is organized into two main divisions: Plantations and Palm Oil Mills, and Refinery and Processing. In its Plantations and Palm Oil Mills segment, First Resources is responsible for cultivating and maintaining oil palms, as well as harvesting and milling fresh fruit bunches to produce crude palm oil (CPO) and palm kernels (PK). The Refinery and Processing division subsequently transforms these CPO and PK products into a variety of value-added derivatives, such as biodiesel, palm kernel oil, palm kernel expeller, and refined, bleached, and deodorized (RBD) olein and stearin. Beyond its core palm oil activities, the company also engages in rubber cultivation. First Resources oversees a substantial agricultural portfolio, managing 212,208 hectares of oil palm plantations and an additional 6,321 hectares dedicated to rubber. The company is a subsidiary of Eight Capital Inc.
Key statistics
Avg. volume
3.13M
Market cap
S$6.96B
P/E Ratio
14.16
Price-to-sales ratio
3.30
Enterprise value
$6.23B
Free cash flow yield
1.06%
Debt-to-equity ratio
0.58
Return on equity
25.05%
ROIC
15.43%
Beta
-0.01
Dividend yield
4.05%
Last dividend
S$0.13
Financial overview
Revenue
$1.69B
Earnings per share
$0.23
Free cash flow
$49.50M
Net profit margin
23.32%
Gross margin
43.13%
EBITDA
$631.77M
Revenue growth
62.39%
Similar securities
This is not an investment recommendation
How to buy First Resources from India
Indian residents can buy First Resources 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 First Resources and place an order
Find First Resources by name or by its ticker, EB5, and choose an order type. First Resources trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your First Resources position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in First Resources from India
Trading and taxes when buying First Resources 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
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. First Resources’ current yield is 4.05%.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 First Resources stock?
Yes. First Resources (EB5) has been listed on the Singapore Exchange since 2007, in the Agricultural Farm Products 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 First Resources share cost in rupees?
One First Resources share is S$4.49 — about ₹337 at an SGD/INR rate of 75.05 on 28 Sep 2026. Both the First Resources 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 First Resources 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 First Resources 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 First Resources price. Paasa issues a capital-gains statement for your return.
Does First Resources pay a dividend, and how is it taxed in India?
Yes. First Resources pays a dividend and the current yield is 4.05%; the last declared dividend was S$0.13 per share, about ₹9.38. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade First Resources 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 First Resources shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying First Resources?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare First Resources 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 First Resources holding, its cost and its closing value.
How do I sell First Resources 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.