Over the four sessions through to the June 4 close, 22 primary-listed companies conducted buybacks with a total consideration of S$97 million. Singapore Telecommunications again led the buyback tally, with 13.3 million shares at an average price of S$4.33, purchased under the S$2 billion value realisation share buy-back programme
Over the five sessions, more than 80 director interests and substantial shareholdings were filed for over 40 primary-listed stocks. Directors or CEOs reported 17 acquisitions and four disposals, while substantial shareholders recorded seven acquisitions and three disposals.
1. $Ho Bee Land(H13.SI)$
Across 28 and 29 May, Ho Bee Holdings acquired a combined 334,700 shares for total consideration of S$702,358, implying an average price of about S$2.10 per share. These on-market purchases increased executive chairman Chua Thian Poh’s deemed interest from 75.737% to 75.788%.
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.
2. $Aspial Lifestyle(5UF.SI)$
On 2 June, non-executive chairman Koh Wee Seng acquired 500,000 shares via a market transaction for S$200,349, lifting his direct interest from 9.47% to 9.50%, with his total interest increasing from 74.99% to 75.02%.
Separately, on 29 May, he disposed of S$500,000 in aggregate principal amount of 6.25% notes due 2027 for S$504,500, reducing his direct debenture holdings from S$13.0 million to S$12.5 million.
3. $Anchun Intl(BTX.SI)$
On 2 June, chairman Xie Ming saw her deemed interest increase after the acquisition of 245,200 shares at an average price of about S$0.483 apiece, taking her deemed holdings from 11,247,300 shares (24.265%t) to 11,492,500 shares (24.795%).
On the same day, executive director Dai Fengyu disposed of 27,000 shares at S$0.490 apiece, reducing his deemed interest from 3,719,500 shares (8.02%) to 3,692,500 shares (7.97%).
4. $ULTRAGREEN AI SGD(UGS.SI)$
On 29 May, chief executive officer Ravinder Sajwan acquired 78,800 shares via a market transaction for a total consideration of US$108,042.68, at an average price of about US$1.37 per share, resulting in a direct interest of 0.01% alongside a deemed interest of 61.93% prior to the transaction and 61.94% after.
5. $NamCheong(1MZ.SI)$
On 29 May, Chief Executive Officer Leong Seng Keat acquired 100,000 shares at S$1.30 per share via a market transaction, increasing his total interest from 4.211% to 4.236%.
6. $Leong Guan Hldgs(LGH.SI)$
Between 29 May and 2 June, executive director Chua Lian Hock acquired 32,800 shares via market transactions for a total consideration of S$6,906, at an average price of about S$0.21 per share, which increased his direct interest from 3.66% to 3.69% and total interest from 38.07% to 38.1%.
This followed a purchase of 39,300 shares on 6 May for S$7,467, at an average price of about S$0.19 per share, increasing his direct interest from 3.62% to 3.66%.
7. $NetLink NBN Tr(CJLU.SI)$
On 29 May, M&G Investment Management Limited acquired 3,405,600 units via a market transaction at S$1.0032 per unit, increasing its deemed interest in NetLink NBN Trust from 194,765,100 units (4.99%) to 198,170,700 units (5.09%), thereby becoming a substantial unitholder.
8. $Valuetronics(BN2.SI)$
On May 28, Amova Asset Management Asia Limited increased its deemed interest in Valuetronics following the acquisition of 1.03 million shares for about S$1.2 million, crossing the substantial shareholder reporting threshold, with the interest attributed through the ownership chain to Sumitomo Mitsui Trust Group.
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