The four trading sessions saw close to 60 changes to director interests and substantial shareholdings filed for close to 30 primary-listed stocks.
Directors or CEOs filed 19 acquisitions, and two disposals, while substantial shareholders filed four acquisitions and one disposal.
Union Steel co-founder Ang Yew Chye ups stake
1. $Raffles Medical(BSL.SI)$
Between Mar 21 and 25, Raffles Medical Group executive chairman Loo Choon Yong acquired 600,000 shares at an average price of S$1.03 per share. It increased his total interest from 53.79% to 53.83%. This has followed on from his acquisition of 14.3 million shares between Feb 27 and Mar 20.
2. $UnionSteel(ZB9.SI)$
Between Mar 25 and 26, Union Steel Holdings executive director Ang Yew Chye bought 930,000 shares at S$0.47 per share. With a consideration of S$437,085, this increased his direct interest in the multi-business investment holding company from 11.18% to 11.97%. As a co-founder of the group, Ang has more than 30 years of experience in the scrap metal recycling business.
3. $PSC Corporation(DM0.SI)$
Between Mar 21 and 25, PSC executive chairman Sam Goi purchased 239,600 shares at an average price of S$0.357 per share. With a consideration of S$85,441, this increased his direct interest from 30.66% to 30.7%. Goi has been gradually increasing this direct interest from 30.41% at the end of February and 30.02% prior to December 2023.
4. $JB Foods(BEW.SI)$
On Mar 25, JB Foods executive director Goh Lee Beng bought 120,900 shares at S$0.484 per share. With a consideration of S$58,535, the acquisition increased her total interest in the provider of premium cocoa ingredient products from 47.53% to 47.57%.
This followed her buying 214,500 shares between Mar 14 and 19 at S$0.48 per share; 13,900 shares at S$0.48 per share on Mar 7; and 191,500 shares at S$0.49 per share on Mar 11.
https://www.sgx.com/research-education/market-updates/20240401-union-steel-co-founder-ang-yew-chye-ups-stake
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