Weekly | H07, S19, FHH, BFT, 5WF & AJBU lead Buybacks

Over the five sessions, 100 director interests and substantial shareholdings were filed for more than 40 primary-listed stocks. Directors or CEOs reported 25 acquisitions and six disposals, while substantial shareholders recorded five acquisitions and 10 disposals.
 

In addition, the five sessions saw 24 primary-listed companies conduct buybacks with a total consideration of S$55 million, led by Singapore Telecommunications, United Overseas Bank and Keppel. 

 
1. $Stamford Land(H07.SI)$ & $SingShipping(S19.SI)$

Between 27 August and 2 September, Executive Chairman Ow Chio Kiat acquired 2,011,600 Stamford Land shares at an average price of S$0.47 per share and 1,712,600 Singapore Shipping Corporation shares at an average price of S$0.29 per share through a series of on-market purchases. Mr Ow holds total interests of more than 40% in both Stamford Land and Singapore Shipping Corporation.

Stamford Land owns hospitality, property investment and development assets across Singapore, Australia, New Zealand and the United Kingdom, while Singapore Shipping Corporation maintains interests spanning shipping, logistics, property and hospitality. 

2. $FoundationHealth(FHH.SI)$
 

On 1 September, Dr Lee Hong Huei, Executive Director and Chief Operating Officer of Foundation Healthcare Holdings, acquired a deemed interest in 150,000 shares at S$0.715 per share, for a total consideration of S$107,250. Following the transaction, his total interest increased to 31.41 million shares, representing 2.36% of the company's issued shares.

3. $Lincotrade(BFT.SI)$

On 31 August, Executive Chairman Tan Kok Heng acquired 30,000 shares at S$0.33 per share, increasing his direct interest to 245,800 shares, representing 0.14% of Lincotrade's issued shares from 0.12% previously.

On the same day, Executive Director and Chief Executive Officer Jackie Soh Loong Chow acquired 83,300 shares at S$0.33246 per share, increasing his direct interest to 45.54 million shares, representing 25.17% of the company's issued shares from 25.13% previously. 

4.  $ISOTeam(5WF.SI)$

On 28 August and 31 August, the deemed interests of ISOTeam co-founders David Ng Cheng Lian and Anthony Koh Thong Huat increased following the acquisition of a total of 2.0 million shares through ADD Investment Holding Pte. Ltd. The purchases comprised 1.5 million shares acquired on 28 August for S$101,250 and a further 500,000 shares acquired on 31 August for S$34,050. The transactions were undertaken at approximately S$0.0675 per share and S$0.0681 per share respectively. 

The acquisitions increased ADD Investment Holding's interest in ISOTeam from 140.91 million shares to 142.91 million shares. Following the acquisitions, Ng's total interest increased to 160.27 million shares, representing 20.02% of ISOTeam's issued shares, while Koh's total interest increased to 163.27 million shares, representing 20.39%.

5.  $Keppel DC Reit(AJBU.SI)$

Keppel DC REIT completed an upsized private placement to partially finance its acquisition of an 88.62% effective interest in two freehold hyperscale colocation data centres in Inzai City, Greater Tokyo. The placement was initially launched to raise at least S$600 million before being increased to approximately S$625.0 million following strong investor demand.

The transaction was approximately 3.5 times covered before the upsizing and remained approximately 3.4 times covered after the increase in size. Investors comprised both existing and new institutional and accredited investors globally, with most allocations made to long-only investors and real estate specialists. 

The placement was priced at S$2.10 per unit. A total of 297.62 million new units will be issued, equivalent to approximately 12.2% of the pre-placement unit base. The new units are expected to commence trading on the SGX Main Board at 9.00 a.m. on 10 September 2026.