The five trading sessions saw more than 40 director interests and substantial shareholdings filed for 30 primary-listed stocks. Directors or CEOs filed 10 acquisitions, and one disposal, while substantial shareholders filed two acquisitions and three disposals.
1. $Huationg Global(41B.SI)$
Between Jan 20 and Jan 22, Huationg Global CEO and executive director Patrick Ng Kian Ann acquired 650,800 shares at an average price of S$0.162 per share. This increased his direct interest from to 7.89% to 8.26%.
Mr Ng also maintains a 68.70% deemed interest in Huationg Global by virtue of his 25% shareholding interest in Dandelion Capital, which is the immediate and ultimate holding company of Huationg. The acquisition brings his total interest in the Catalist-listed company to 76.96%.
His previous acquisitions were in July 2024 with 255,000 shares acquired at S$0.129 per share, and April 2024, with 12.5 million shares acquired in a married deal at S$0.142 per share. This means his total interest in Huationg Global has grown by 7.6% over the past 10 months.
2. $LHT(BEI.SI)$
On Jan 23, LHT Holdings managing director and chief executive officer Yap Mui Kee acquired 34,500 shares at an average price of S$1.01 a share. With a consideration of S$35,014, this took her direct interest in the home-grown pallet manufacturer from 18.39% to 18.45%. Ms Yap has been increasing her direct interest in LHT from 14.12% since August 2021.
On Jan 21, Lan Ruilong also acquired 9,671,205 shares, representing an 18.16% substantial shareholding in the company, from Tan Kim Sing through a married deal.
3. $Niks Prof(NPL.SI)$
Between Jan 15 and 16, Catalist-listed Niks Professional Chairman and CEO Cheng Shoong Tat acquired 200,000 shares, with president and chief medical officer Ong Fung Chin acquiring 300,000 shares. This increased Mr Cheng’s total interest in the dermatology and aesthetic medical services provider from 82.2% to 82.5%.
4. $Hong Lai Huat(CTO.SI)$
On Jan 20, real estate and property developer, Hong Lai Huat Group, announced it will seek to issue and allot 40,503,000 new ordinary shares to Group General Manager and Executive Director Dylan Ong Jia Jing at market price of the company's shares to be determined on placement date based on a formula as disclosed in its bourse filing on 20 January 2025. These shares will represent approximately 7.82% of the existing issued share capital and 7.25% of the enlarged share capital.
Mr Ong ‘s father and brother also maintain board positions and interests in Hong Lai Huat. His father, Deputy Chairman and Chief Executive Officer, Dato’ Dr. Ong Bee Huat, maintains a 43.30% total interest and his brother Ryan Ong Jia Ming maintains a 3.98% interest. With Mr Ong acting in concert with his family, their collective holdings would increase from 47.28% to 51.10% of the enlarged issued and paid-up share capital of the company.
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