Singapore’s Tech Rally: From Narrative to Delivery
With four sessions remaining in April, the FTSE ST Technology Index has posted a month-to-date gain rarely seen across its near 20-year history. For the month, the Index is up 18% through 24 April, placing the move among its five strongest monthly performances on record. This has also lifted the iEdge Singapore Next 50 Liquidity Weighted Index, which has gained 9% over the same period. The global backdrop has been even more pronounced, with the PHLX Semiconductor Index (SOX) delivering a month-to-date advance well above typical historical ranges, reflecting the intensity of capital repricing across the global semiconductor stack. Global Technology Backdrop: From AI Spend to Physical Deployment Globally, technology and semiconductor sentiment continued its rally last week after
Weekly: JEP, XMH, OKP, Valuetronics, MoneyMax Fin & CICT directors see Huge Acquisitions
Over the five sessions, more than 70 director interests and substantial shareholdings were filed for around 40 primary-listed stocks. Directors or CEOs reported eight acquisitions and four disposals, while substantial shareholders recorded 10 acquisitions and nine disposals. This included CEO or director acquisitions filed for Hyphens Pharma International, JEP Holdings, Nera Telecommunications, Ultragreen.ai and XMH Holdings. 1. $JEP(1J4.SI)$ On April 22, JEP Holdings executive chairman and CEO Andy Luong acquired 588,000 shares of the Catalist-listed provider of precision machining and engineering services at S$0.38 per share. This took his direct interest from 0.18% to 0.32%. Mr Luong also holds 14.04% of the issued share capital of
$Kin Global: Singapore’s Largest Sports Events Manager Lists on SGX
Founded in 2017, Kin Global is Singapore’s largest sports event management company and a curator of global sports events. It has successfully delivered over 500 projects with a focus on global and competitive sports tournaments – including major international sporting competitions, and has secured notable sponsorships and partnerships for high-profile events. Notably, Kin Global has successfully delivered a 4,800 person capacity arena to host the World Aquatics Championship Singapore 2025, which was constructed from scratch under 6 months from a public car park space. Kin debut pic 1 Since 2020, the group has strategically diversified its business beyond the sporting industry to a broad spectrum of experiential events, brand activations, and creative productions. The group’s business now c
Over the five sessions, over 100 director interests and substantial shareholdings were filed for more than 40 primary-listed stocks. Directors or CEOs reported 12 acquisitions and two disposals, while substantial shareholders recorded two acquisitions and 17 disposals. This included CEO or director acquisitions filed for ABR Holdings, Lincotrade & Associates Holdings, Nera Telecommunications, Sasseur REIT, Soup Holdings, The Assembly Place Holdings, Uni‑Asia Group and XMH Holdings. 1. $Uni-Asia Grp(CHJ.SI)$ Between April 14 and 15, Uni-Asia Group executive director and CEO Masahiro Iwabuchi acquired 40,000 shares at an average price of S$0.925 per share. This increased Mr Iwabuchi’s direct interest in the company from 1.40% to 1.4