To The Moon

The five trading sessions also saw more than 60 director interests and substantial shareholdings filed for over 30 primary-listed stocks. Directors or chief executives filed 20 acquisitions and nine disposals, while substantial shareholders filed seven acquisitions and five disposals.

1. $UOL(U14.SI)$

Between Aug 15 and 16, Wee Investments acquired two million shares of UOL at an average price of S$5.21 per share.

This increased the deemed interests of both UOL chairman Wee Ee Lim and director Wee Ee-Chao. Wee Ee Lim’s total interest increased from 15.79% to 16.03%. The preceding acquisition was between Jun 27 and 28, with 426,700 shares purchased at an average price of S$5.20 per share.

2. $KingsmenCreative(5MZ.SI)$

On Aug 20, Kingsmen Creatives : 5MZ 0% deputy chairman Simon Ong bought two million shares in a married deal at S$0.26 per share.

This increased his direct interest in the leading creator of experiences from 4.48% to 5.47%, and total interest to 24.28%. The group has a network of offices and full-service facilities, serving global clients in segments that include exhibitions, thematic and attractions, retail and corporate interiors, research and design, and experiential marketing.

3. $Multi-Chem(AWZ.SI)$

Between Aug 15 and 21, Multi-Chem CEO Foo Suan Sai sold 151,300 shares at an average price of S$2.84.

This decreased his total interest from 68.81% to 68.65%. It followed disposals the preceding week at an average price of S$2.83 per share. Prior to the sales, his previous transaction on the open market was an acquisition of 9,900 shares on Jun 13 at an average price of S$2.37 per share.

4. $ValueMax(T6I.SI)$

Between Aug 14 and 19, ValueMax Group executive chairman Yeah Hiang Nam purchased 928,300 shares at an average price of S$0.441 per share.

This increased his total interest in the pawnbroking, moneylending, and retail and trading of gold and jewellery business, from 85.06% to 85.16%. His preceding acquisitions on the open market were in February, with 2,447,200 shares bought at S$0.353 per share.

5. $Mapletree Log Tr(M44U.SI)$

On Aug 19, Mapletree Logistics Trust Management independent non-executive director Lim Joo Boon bought 200,000 units of Mapletree Logistics Trust at S$1.29 per unit. This increased his direct interest in the Apac-focused logistics Reit to 308,659 units.

Lim is an adjunct associate professor at the National University of Singapore Business School and acts as an adviser to the OWW II Private Equity Fund. He began his career with Accenture in 1978, where he held various senior leadership positions in both Accenture Singapore and the Asia-Pacific region.

6. $Hong Leong Asia(H22.SI)$

On Aug 21, Hong Leong Asia executive director Kwek Pei Xuan acquired 145,000 shares at an average price of S$0.74 per share.

This increased her direct interest from 0.03% to 0.05%. Kwek is currently the head of sustainability and corporate affairs of Hong Leong Asia, and oversees the group’s strategic direction in its management of environmental, social and governance issues, sustainability reporting framework, and corporate communication.

Her past experiences have included business development, marketing and communications, and investment.

7. $MegaChem(5DS.SI)$

Between Aug 15 and 16, Megachem managing director Sidney Chew acquired 70,600 shares at S$0.37 per share. This increased his total interest in the one-stop speciality chemical solutions provider from 36.10% to 36.15%.

https://www.sgx.com/research-education/market-updates/20240826-director-acquisitions-rebound-after-earnings-reporting