Weekly: CLAS, ComfortDelGro & AcroMeta directors see Huge Acquisitions
Over the five sessions, more than 50 director interests and substantial shareholdings were filed for around 30 primary-listed stocks. Directors or CEOs reported two acquisitions and four disposals, while substantial shareholders recorded four acquisitions and seven disposals.
1. $CapLand Ascott T(HMN.SI)$
On February 2, CEO and executive non-independent director Serena Teo Joo Ling purchased 500,000 stapled securities at S$0.980 per unit, increasing her direct interest from 0.03% to 0.04%. Similarly, Ms Teo also acquired 500,000 stapled securities at S$0.895 per unit on the open market a year ago, back on February 3, 2025.
CapitaLand Ascott Trust (CLAS) is a stapled group consisting of CapitaLand Ascott Real Estate Investment Trust and CapitaLand Ascott Business Trust. It debuted as Ascott Residence Trust which at the time was the world’s first and only Pan-Asian serviced residence REIT, on March 31, 2006.
2. $ComfortDelGro(C52.SI)$
On February 2, Silchester International Investors LLP increased its deemed interest in ComfortDelGro Corporation from 5.89% to 6.06%, following the acquisition of 3,635,500 shares at an average price of S$1.473 each. This followed a purchase on January 21, when Silchester acquired 3,550,000 shares at S$1.4650, raising its stake to 5.05% and re-establishing itself as a substantial shareholder.
3. $AcroMeta(43F.SI)$
AcroMeta Group is issuing new shares to a private investor, Elisabet, who will subscribe to S$1 million of new shares. At S$0.06 the issue price equates to 16,666,667 new shares, representing approximately 4.10% of the enlarged share capital. This is also a premium of about 151% to the S$0.0239 Volume Weighted Average Price on January 30.
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