Weekly: Wing Tai, Darco Water Tech & Zixin directors raise stake

SGX_Stars
09-29

Over the five trading sessions close to 60 director interests and substantial shareholdings were filed. Across 30 primary-listed stocks, Directors or CEOs reported five acquisitions and two disposals, while substantial shareholders recorded four acquisitions and six disposals. 

1. $Wing Tai(W05.SI)$

 Wing Tai Holdings chairman and managing director Cheng Wai Keung resumed increasing his deemed stake in the company, with additional shares acquired by his spouse Helen Chow. This raised his total interest from 61.85% to 61.89% between September 19 and 25.

2. $Darco Water Tech(BLR.SI)$

Between Sep 19 and 23, Darco Water Technologies Executive Chairman Wang Zhi acquired 533,900 shares at S$0.08 apiece This increased his direct interest from 48.59% to 49.16%. 

Mr Wang has served as Executive Chairman and Executive Director of the company since Sep 2022. He has over 20 years of experience in the water and wastewater treatment industry, he previously led Future Group companies and held senior roles at Salcon in China and Singapore. 

3. $Zixin(42W.SI)$

On Sep 22, Thomas Clive Khoo increased his substantial shareholding Zixin Group above the 14% threshold, from 13.56% to 14.02%. The 7.3 million shares were acquired at S$0.032 apiece. His substantial shareholding crossed above 10% in Oct 2024 and he emerged as a substantial shareholder in June 2024. 

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