Buyback Momentum Continues, Director Acquisitions Broaden

sgx.com06-15

For the five sessions through to the June 11 close, 26 primary-listed companies conducted buybacks with a total consideration of S$170 million. Singapore Telecommunications again led the buyback tally...

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Singapore Telecommunications again led the buyback tally...</p>\n\n<a href=\"https://www.sgx.com/research-education/market-updates/20260615-buyback-momentum-continues-director-acquisitions-broaden\">Source Link</a>\n\n</div>\n","source":"sgx_market_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buyback Momentum Continues, Director Acquisitions Broaden</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuyback Momentum Continues, Director Acquisitions Broaden\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-15 00:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.sgx.com/research-education/market-updates/20260615-buyback-momentum-continues-director-acquisitions-broaden><strong>sgx.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the five sessions through to the June 11 close, 26 primary-listed companies conducted buybacks with a total consideration of S$170 million. Singapore Telecommunications again led the buyback tally...</p>\n\n<a href=\"https://www.sgx.com/research-education/market-updates/20260615-buyback-momentum-continues-director-acquisitions-broaden\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6117","symbol_name":"房地产开发","start_time":0,"source_url":"https://www.sgx.com/research-education/market-updates/20260615-buyback-momentum-continues-director-acquisitions-broaden","article_id":"2643784605","we_media_id":null,"thumbnails":[],"rights":{"source":"sgx_market_highlight","url":"https://www.sgx.com/research-education/market-updates/20260615-buyback-momentum-continues-director-acquisitions-broaden","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2643784605","pubTimestamp":1781452800,"columns":[],"sourceInfo":{"source_id":"sgx_market_highlight","name":"SGX Research"},"weMediaInfo":null,"summary":"For the five sessions through to the June 11 close, 26 primary-listed companies conducted buybacks with a total consideration of S$170 million. Singapore Telecommunications again led the buyback tally","collect":0,"end_time":0,"defaultTopTitle":"sgx.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6117":"房地产开发","SG9999004311.SGD":"Nikko AM Shenton Emerging Enterprise Discovery Fund SGD","8YY.SI":"拥抱未来控股有限公司","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK6110":"房地产经营公司","BK6511":"医疗保健服务概念","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","LMS.SI":"LMS Compliance","BK6142":"多户式住宅房地产信托","5UF.SI":"Aspial Lifestyle","BK6512":"房地产股","OU8.SI":"胜捷企业有限公司","BK6021":"服装零售","BK6133":"工业房地产信托","BK6041":"调查和咨询服务","UIBU.SI":"UIBREIT","BK6012":"医疗保健设备","BK6139":"房地产运营公司","XHV.SI":"新瞱启华","H13.SI":"和美置地有限公司","8C8U.SI":"Cent Accom REIT","BK6516":"银行与投资服务概念"},"translate_title":"回购势头持续，董事收购扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XHV.SI":0.9,"UIBU.SI":0.9,"OU8.SI":0.9,"8YY.SI":0.9,"8C8U.SI":0.61,"5UF.SI":0.9,"LMS.SI":0.9,"H13.SI":0.9},"content_text":"For the five sessions through to the June 11 close, 26 primary-listed companies conducted buybacks with a total consideration of S$170 million. Singapore Telecommunications again led the buyback tally, with 27.1 million shares at an average price of S$4.26, all purchased under the S$2 billion value realisation share buy-back programme.With a similar pace to the previous week, with around 90 director interests and substantial shareholdings filed across more than 40 primary-listed stocks over the five sessions. Directors or CEOs reported 28 acquisitions and seven disposals, while substantial shareholders recorded seven acquisitions and two disposals. This included CEO or director acquisitions filed for a broad mix of counters including Asian Pay Television Trust, Aspial Lifestyle, Centurion Corporation, Duty Free International, Embracing Future Holdings, Ho Bee Land, Huationg Global, LMS Compliance, Megachem, Multi‑Chem, Nera Telecommunications, OxPay Financial, Prospera Global, Soon Hock Enterprise Holding, SunMoon Food Company, and Thai Beverage,EFH: Chen Lu Raises Stake as Group Advances Healthcare & Digital Platform FocusOn 8 June, Embracing Future Holdings (EFH) Executive Director and President Chen Lu acquired 83 million shares for S$3.9 million representing an average price of S$0.047 per share. The married deal increased his direct stake from 76 million shares (4.38 per cent) to 159 million shares (9.17 per cent).The acquisition comes as the group continues its transition following its June 2025 rebranding from Biolidics, with management outlining a strategic pivot into healthcare initiatives, including stem cell-based treatments, alongside broader technology and platform-led segments. At its AGM on 29 April, the EFH Chairman highlighted collaborations in next-generation healthcare, including a partnership with a Japanese counterpart, citing its established regulatory framework for stem cell treatments, while noting the group remains in the early stages of developing these segmentsChen Lu, appointed Executive Director and President in April 2024, has a background in technology and platform development, with prior experience in senior roles spanning digital operations and scalable platform businesses.Ho Bee Land: Deemed interest edges higher on continued market accumulationBetween 3 and 8 June, Ho Bee Holdings acquired a combined 1,298,600 shares for total consideration of S$2,705,708, implying an average price of about S$2.08 per share. These on-market purchases increased executive chairman Chua Thian Poh’s deemed interest from 75.79 per cent to 75.98 per cent. The accumulation was executed via the controlling shareholder vehicle, which continues to account for the bulk of the deemed interest, alongside smaller holdings attributed to related entities and spouse.Aspial Lifestyle: Chairman Continues Buying, Stake Edges HigherKoh Wee Seng, non-executive chairman of Aspial Lifestyle, has continued to accumulate shares through on‑market purchases between 5 and 10 June, acquiring a total of 2.57 million shares at around S$0.37 per share.Over this period, his direct interest increased from 9.50 per cent to 9.63 per cent, while total interest edged up from 75.02 per cent to 75.16 per cent, extending an already substantial controlling stake in the group.This comes alongside the recently completed preferential offering, with 61,419,662 shares taken up and total equity fundraising of approximately S$84.8 million completed.Centurion: Insider Accumulation Extends as Mandai Expansion Comes ThroughExecutive Director and Joint Chairman David Loh Kim Kang has continued to accumulate shares in Centurion Corporation, acquiring 500,000 shares at S$1.41 on 8 June and a further 166,800 shares at S$1.40565 on 10 June.This lifts total interest to close to 406 million shares, with overall shareholding edging up to 48.25 per cent, extending an already significant position in the group.The accumulation follows progress at the REIT platform, with approval secured on 25 May for the Mandai expanded capacity, supporting close to 10,000 beds.LMS Compliance: Deemed Interest Edges HigherOoi Shu Geok, Executive Director and Chief Executive Officer of LMS Compliance, acquired 150,000 shares on 9 June at around S$0.43 per share. While no direct interest is held, deemed interest increased from 77.36 per cent to 77.47 per cent, marginally extending an already controlling stake in the group.The FY25 annual report notes that LMS Compliance continues to position itself as an integrated compliance and ESG solutions provider, expanding across certification, advisory and regulatory services.Amova Builds Frencken Stake as Guidance DeepensOn 2 June, Amova Asset Management Asia acquired 1.01 million shares in Frencken for S$2.64 million, implying an average price of about S$2.62 per share. This increased its deemed interest from 24,853,200 shares (5.8 per cent) to 25,861,000 shares (6.03 per cent), lifting its stake above the 6 per cent level. At the group level, Amova Asset Management Co. and Sumitomo Mitsui Trust Group saw their deemed interests rise to 26,227,200 shares (6.11 per cent), reflecting the same transaction.Amova Asia had first become a substantial shareholder on 30 March, when its stake rose to 21,734,000 shares (5.08 per cent).The increase in stake has coincided with Frencken outlining expectations for higher revenue and profit in FY26, supported by continued demand from key semiconductor customers and improving momentum through the year. Mechatronics Asia continues to deliver growth, cushioning softer demand in Mechatronics Europe as the latter aligns capacity for a recovery from 2HFY26.Frencken’s 1QFY26 Business Update also provided a more expanded outlook relative to the previous year. The extent of guidance detail appeared significantly greater, covering areas such as buffer inventory, cost pass-through, supply chain adjustments and a structured growth framework targeting revenue beyond S$1 billion alongside organisational alignment initiatives.The update also set out clearer segment trajectories. Mechatronics Asia continues to benefit from semiconductor programmes in volume production and new project wins, while Mechatronics Europe is positioning for a recovery in order flow from 2HFY26. Analytical life sciences demand remains soft but could stabilise later in the year. Capacity expansion in Malaysia and a new Singapore facility targeted for completion in 1Q27 are expected to support future growth, while the automotive radar antenna business is anticipated to reach an inflection point in FY26 with ramp-up from 2HFY26. New opportunity areas such as service robots and humanoids were also highlighted.Following the update, both Phillip Capital and DBS noted a recovery skewed to 2H26. Phillip expects stronger second-half momentum driven by semiconductor demand, particularly linked to EUV equipment, while DBS highlighted that 1H26 revenue could be broadly in line with the previous year, with growth in Asia, medical and automotive segments offsetting weakness in Europe and analytical life sciences, before stronger momentum in 2H26 supports higher full-year revenue and earnings.UI Boustead REIT: Amova Increases Deemed Interest as Leasing Momentum ImprovesOn 28 May, Amova Asset Management Asia acquired 6,684,900 units in UI Boustead REIT for approximately S$5.37 million, S$0.80 per unit, increasing its deemed interest from 80,485,200 units (5.89 per cent) to 87,170,100 units (6.38 per cent).  Amova had earlier emerged as a substantial unitholder in March, with its interest reaching 70,626,200 units (5.1 per cent).The increase in stake has coincided with improving portfolio leasing momentum. UI Boustead REIT reported committed occupancy of 92.2 per cent as of 30 April, up from 89.4 per cent, supported by 305,292 square feet of renewed and new leases. Singapore portfolio occupancy reached 97.1 per cent, while Japan improved to 83.2 per cent. Leasing progress has been complemented by active cost management, including locking in electricity tariffs for Singapore properties through 2029 to mitigate utility cost volatility. Alongside this, UI Boustead REIT is pursuing growth through co-investment. In May, it announced a proposed 51 per cent interest in a build-to-suit aerospace facility in Seletar Aerospace Park, with an estimated development cost of about S$104 million and a tenant lease of around 22.5 years. Serial Achieva Advances UFCT Strategic Investment With Regulatory ApprovalSerial Achieva is progressing a subscription of 21,004,873 new shares to UFCT Technology Co., Limited. The company has received SGX approval-in-principle for the listing and quotation of these shares, subject to compliance with listing requirements. Completion remains conditional, with the long-stop date extended to 30 June to fulfil conditions precedent, indicating the transaction is still pending with no certainty of completion.This proposed investment is part of a broader strategic partnership. On 11 March, UFCT agreed to subscribe for the shares at S$0.22 per share, raising about S$4.62 million and representing about 11.01 per cent of the enlarged shares upon completion.The subscription was announced alongside a non-binding MOU signed on 16 March to explore long-term cooperation across AI infrastructure, cloud computing, storage and related technologies, alongside potential capital collaboration and regional expansion. UFCT is a Hong Kong-based semiconductor distribution player with upstream supplier relationships and downstream exposure to cloud and data centre customers. Share Buybacks by Primary-listed Companies by way of Market Acquisition (Jun 5 to Jun 11) Number of Shares/Units Purchased Buyback Consideration (incl stamp duties & clearing charges) S$   Avg price paid per share S$SINGAPORE TELECOMMUNICATIONS 27,061,200115,351,6744.26KEPPEL 1,700,00017,926,12210.54UNITED OVERSEAS BANK 360,00013,724,82538.12GENTING SINGAPORE 10,000,0006,104,4020.61SINGAPORE TECHNOLOGIES ENGINEERING 500,0005,265,82910.53SINGAPORE EXCHANGE 240,0005,178,06321.58MDR 69,309,3003,256,2580.05FOOD EMPIRE HOLDINGS 375,000882,8452.35VENTURE CORPORATION 40,000700,31117.51VALUETRONICS HOLDINGS 565,000615,6441.09THE HOUR GLASS 141,300366,4422.59FRASER AND NEAVE 83,100119,3211.44OXLEY HOLDINGS 1,440,000113,4590.08KARIN TECHNOLOGY HLDGS 420,000106,2690.25ASPIAL CORPORATION 695,900100,2430.14CREDIT BUREAU ASIA 75,80085,5051.13TREK 2000 INTERNATIONAL 364,00080,3540.22HONG LAI HUAT GROUP 549,90042,9620.08TELECHOICE INTERNATIONAL 165,00041,5060.25GLOBAL INVESTMENTS 296,40037,0800.13ALLIANCE HEALTHCARE GROUP 220,00034,8750.16ULTRAGREENAI 15,00026,8361.79PACIFIC CENTURY REGIONAL DEVELOPMENTS 54,50024,8400.46BAKER TECHNOLOGY 26,50012,8860.49SARINE TECHNOLOGIES 35,0006,7870.19INTRACO 50190.38Total114,732,950170,205,358 Inside Insights is a weekly column on The Business Times, read the original version.Enjoying this read?Subscribe now to our SGX My Gateway newsletter for a compilation of latest market news, sector performances, new product release updates, and research reports on SGX-listed companies.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643784605","isCrawlerRequest":true}