Weekly: SHE, 5UF, UGS, JCO, TAP, 5LY, 5SO & KIN directors see Huge Acquisitions
Over the five sessions through to the 25 June close, 28 primary-listed companies also conducted buybacks with a total consideration of S$79 million. Singapore Telecommunications again led the buyback tally, with 8.8 million shares at an average price of S$4.34, purchased under the S$2 billion value realisation share buy-back programme.
1. $Soon Hock(SHE.SI)$
Between 23 June and 25 June, Executive Chairman Tan Yeow Khoon, who has over 50 years of experience in the logistics and transportation management industry, acquired a total of 2,033,000 shares via market transactions for a combined consideration of S$1,313,869, increasing his direct interest to 73.32% from 72.69%. His deemed interest of 1.24% remained unchanged, arising from shares held by his spouse.
2. $Aspial Lifestyle(5UF.SI)$
Between 19 June and 25 June, Non-Executive Chairman Koh Wee Seng acquired a total of 1,850,000 shares via market transactions for a combined consideration of S$650,596, increasing his direct interest to 9.88% from 9.86%.
His deemed interest of 65.72% remained unchanged. On 16 June, the company issued 61,709,489 preferential offering shares at an issue price of S$0.402 per share.
3. $ULTRAGREEN AI SGD(UGS.SI)$
Between 23 June and 24 June, CEO Ravinder Sajwan acquired a total of 390,405 shares via market transactions for a combined consideration of US$525,549, increasing his direct interest to 0.04% from 0.01%. His deemed interest of 61.97% remained unchanged.
4. $JustCo(JCO.SI)$
On 23 June, Executive Chairman and CEO Kong Wan Sing acquired 300,000 shares via a market transaction for a total consideration of S$162,000, at an average price of S$0.54 per share, resulting in a direct interest of 0.25%, up from 0.19% prior to the transaction. Between 3 June and 10 June, he acquired 600,000 shares, at an average price of S$0.67 per share.
He also holds a deemed interest of 18.33%, unchanged from before the transaction.
5. $TAP(TAP.SI)$
Between 19 June and 23 June, Executive Director and CEO Eugene Lim Yingjie, who oversees the group’s operations, corporate strategy and asset management, acquired 100,000 shares via a market transaction for a consideration of S$22,600, maintaining his direct interest at 25.0%.
On 23 June, Lead Independent Director Lim Wah Fong, who has more than 20 years of capital markets experience, acquired 88,800 shares via a market transaction for a consideration of S$19,980, increasing his direct interest to 0.05% from 0.03%.
6. $MarcoPolo Marine(5LY.SI)$
On 19 June, CEO Sean Lee Yun Feng acquired 400,000 shares via a market transaction for a total consideration of S$56,000, at an average price of S$0.14 per share, resulting in a direct interest of 0.36%, up from 0.35% prior to the transaction. He also holds a deemed interest of 4.25%, unchanged from before the transaction.
7. $Duty Free Intl(5SO.SI)$
On 19 June, Executive Director and Chief Executive Officer Vincent Chai Cheng Hong acquired 50,000 shares via a market transaction for a consideration of S$10,450, increasing his direct interest to 17.39% from 17.36%.
8. $KIN(KIN.SI)$
On 19 June, Executive Director and CEO Vincent Chai Cheng Hong, who has over 20 years of experience in events and experience creation, acquired 50,000 shares via a market transaction for a consideration of S$10,450, increasing his direct interest to 17.39% from 17.36%.
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