Republic Power Group (RPGL)
Builds custom ERP, airport, and cruise-terminal systems with integrated IoT hardware.
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Provides project-based customized ERP, operational software, IoT hardware integration, and related support to corporate and government-agency customers across Hong Kong and Southeast Asia. Revenue depends on fixed-price project delivery, while standardized subscription ERP and tokenization technology remain in commercialization.
Builds customized ERP and operational software for corporations and government agencies, combining software design with sensors, controls, peripheral equipment, and other IoT hardware. Work includes accounting, procurement, workflow automation, monitoring, and resource allocation, with specialized airport and cruise-terminal projects such as passenger-flow and trolley-management systems.
Executes consultative, fixed-price projects through bids, general contractors, and referrals; contracts use milestones and can include training, maintenance, and support. Operations and project management sit in Singapore, while customers span Hong Kong and Southeast Asia.
Develops a standardized subscription ERP product and holds rights to real-world-asset tokenization and secondary-trading technology, neither of which has a separately identified revenue line. Revenue remains shaped by project completion, customer and vendor concentration, outsourced development, open-source and third-party technology rights, and Singapore privacy requirements.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Dec 31, 2025Cash & short-term investments $4.6K · Total debt $116.6K · Total assets $8.3M · Shareholders' equity $6.6M
- Revenue
- $1.7M
- Operating income
- −$687.9K
- Net income
- −$760.9K
No dividends on record.
1.08M company shares as of Aug 21, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Cetera Wealth Services, LLCStrategic10 percent owner | 0.00% | 0 | Form 4filed Mar 19, 2026 ↗ |
Hao Feng Ng1Insiderdirector, 10 percent owner | 0.00% | 0 | Form 4filed May 18, 2026 ↗ |
True Sage International Limited ("True Sage")Strategic | —60.89% of class, as filed | — | 13Dfiled Feb 4, 2026 ↗ |
- Hao Feng Ng reports a block also reported by Cetera Wealth Services, LLC; it is counted once, under Cetera Wealth Services, LLC.
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 19, 2026 | Cetera Wealth Services, LLC | 10 percent owner | −648,767 | $0.5458 |
| Mar 18, 2026 | Cetera Wealth Services, LLC | 10 percent owner | −31,888 | $0.6460 |
| Mar 17, 2026 | Cetera Wealth Services, LLC | 10 percent owner | −12,500 | $0.7814 |
| Mar 16, 2026 | Cetera Wealth Services, LLC | 10 percent owner | −9,700 | $0.8342 |
| Mar 13, 2026 | Cetera Wealth Services, LLC | 10 percent owner | −39,579 | $0.8477 |





