Weekly: Stamford Land, Kingsmen Creatives, Audience & Nordic Professional directors raise stake

SGX_Stars
09-15

Over the five trading sessions more than 60 director interests and substantial shareholdings were filed. Across more than 40 primary-listed stocks, Directors or CEOs reported nine acquisitions and three disposals, while substantial shareholders recorded 11 acquisitions and six disposals.

 

1. $Stamford Land(H07.SI)$

Between Sep 3 and 10, Stamford Land Corporation executive chairman Ow Chio Kiat increased hist total interest marginally to 46.23%. He acquired 229,900 shares at an average price of S$0.42 apiece.

Mr Ow maintains that the Group remains debt-free with a strong S$0.5 billion cash position, providing ample financial capacity to pursue opportunistic acquisitions and asset enhancement initiatives.

2. $KingsmenCreative(5MZ.SI)$  

On Sep 5, both the Chairman and Deputy Chairman of Kingsmen Creative increased their interest in separate married deals. Islanda Pte Limited acquired 345,800 shares in a married deal at S$0.47 apiece which increased the total interest of Chairman Benedict  Soh from 24.41% to 24.58%.

Deputy Chairman Simon Ong also acquired 345,800 shares at S$0.47 apiece. The married deal increased his direct interest from 5.47% to 5.64%. This brought his total interest from 24.29%to 24.46%. Mr Soh and Mr Ong are both co-founders of the Group.

3. $Nordic(MR7.SI)$

On Sep 3, Nordic Group executive chairman Chang Yeh Hong acquired 354,700 shares at an average price of S$0.405 per share. This increased his direct interest in the company from 54.78% to 54.87%. His preceding acquisition was back in August 2022, with 173,000 shares acquired at S$0.489 cents per share.

4. $NamCheong(1MZ.SI)$

On Sep 4, Nam Cheong CEO Leong Seng Keat Increased his deemed interest from 0.17% to 0.24% increased following the acquisition of 277,000 shares by his wife at S$0.71951 per share. This brough his total interest to 3.80%.

5. $Audience(1AZ.SI)$

On Sep 8, Audience Analytics Chairman and Managing Director Datuk William Ng Yan Meng acquired 66,000 shares at an average price of S$0.289 per share. This increased his total interest in the Catalist-listed stock from 83.68% to 83.71%. Since August 26, he has increased his interest total from 83.58%. 

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
3