Weekly: XMH, JB Foods & Reclaims directors see Huge Acquisitions

Over the five sessions, more than 50 director interests and substantial shareholdings were filed. Across more than 30 primary-listed stocks, Directors or CEOs reported seven acquisitions and one disposal, while substantial shareholders recorded six acquisitions and two disposals.

1. $XMH(BQF.SI)$

Between Jan 5 and 6, XMH Holdings Chairman and Managing Director Tan Tin Yeow acquired 92,600 shares at a S$1.53 apiece. This increased his direct interest from 64.63%t to 64.72%. His preceding transaction was on Dec 16, with 500,000 shares acquired at S$1.50 apiece.

2. $JB Foods(BEW.SI)$

Between Dec 30 and 31, Executive Director and CEO Tey How Keong acquired 101,300 shares at an average price of S$0.68 per share. This increased his direct interest from 1.70% to 1.73% and total interest to 44.42%. Mr Tey maintains a deemed 42.69% interest in JB Foods, through JB Cocoa Group Sdn Bhd.

3. $Reclaims Global(NEX.SI)$

On Jan 7, Reclaims Global Executive Director and CEO Tan Kok Huat acquired 50,000 shares at S$0.40 apiece. This increased his direct from 33.62% to 33.65%. His preceding acquisition was on Nov 10, with 150,000 shares also acquired at an average price of S$0.40.

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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.