Weekly: EnGro, Soon Hork, Wing Tai, 8C8U, AU8U, Sanli Env & Lincotrade directors raise stake

Over the five trading sessions, the usual quota of 60 director interests and substantial shareholdings were filed. Across close to 30 primary-listed stocks, Directors or CEOs reported eight acquisitions and three disposals, while substantial shareholders recorded five acquisitions and no disposals.

1. $EnGro(S44.SI)$

On Nov 21, Chairman and CEO Tan Cheng Gay acquired 11,870,000 shares in a married deal at S$0.725 apiece. This increased his total interest from 15.01% to 25.01%. Mr Tan is a founding member of the Group and has served as Executive Director since 1973, shaping the Group’s strategic vision. Substantial shareholder Chua Thian Poh also acquired 1.18 million shares at S$0.725 apiece, increasing his total interest from 38.68% to 39.67%. 

2. $Soon Hock(SHE.SI)$

Soon Hock Enterprises debuted on the SGX Mainboard on Oct 16, raising S$48.1 million at S$0.58 per share. The leading industrial property developer and investor in Singapore maintains a project portfolio exceeding S$1.0 billion in Gross Development Value. The Group maintains its user-centric strategy and forward-thinking design drive strong tenant retention, reduced vacancy risk, and long-term capital appreciation.

Between Nov 19 and 21, Executive Chairman Tan Yeow Khoon acquired 2,914,000 shares at S$0.595 apiece. This increased his direct interest from 70.22% to 71.16%. 

3. $CapLand China T(AU8U.SI)$

On Nov 21, CapitaLand China Trust (CLCT) non-executive independent director Chua Keng Kim acquired 100,000 units at S$0.78 apiece. This followed Mr Chua buying 700,000 units at S$0.79 between Oct 30 and Nov 18 and takes his total interest to 0.05%. 

4. $Wing Tai(W05.SI)$

Wing Tai Holdings chairman and managing director Cheng Wai Keung continued to build his deemed interest in the company, through his spouse Helen Chow acquiring shares. From Nov 21 through to Nov 27, Mr Cheng increased his total interest in the leading real estate developer and lifestyle retailer from 62.24% the company, up to 62.28%. This is up from 61.64% at the end of 2024.  

5. $Cent Accom REIT(8C8U.SI)$

On Nov 20, Fidelity International (FIL) increased its deemed substantial shareholding back above the 9.0% threshold. The acquired 900,000 shares took its deemed interest from 8.97% to 9.02%, with an average price of S$1.13. Back on Nov 6, a disposal saw the deemed interest decline from 9.02% to 8.99%. 

6. $Sanli Env(1E3.SI)$

On Nov 24, Sanli Environmental (Sanli) proposed a placement of up to 38,492,404 new ordinary shares at S$0.260 per placement share, amounting to an aggregate consideration of up to S$10,008,025. 

This follows the completion of the placement of up to 33,333,333 new ordinary shares at S$0.12 per placement share on July 10. 

7. $Lincotrade(BFT.SI)$

On Nov 24, Lincotrade & Associates Holdings announced it had signed a placement agreement with SAC Capital to issue up to 10 million new ordinary shares at S$0.22 each, raising as much as S$2.2 million. Proceeds will strengthen the company’s financial position and fund ongoing projects, supported by a 101.8% surge in its order book to a record high of S$113 million.

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