To The Moon

Over the five sessions through the to 16 July close, more than 50 director interests and substantial shareholdings were filed for 20 primary-listed stocks.

Directors or CEOs reported seven acquisitions and three disposals, while substantial shareholders recorded 14 acquisitions and five disposals.

1. $ULTRAGREEN AI SGD(UGS.SI)$

Mr Nicky Tan, an Independent Non-Executive Director of UltraGreen.ai, acquired 25,000 shares in the company through an open market transaction on 13 July for total consideration of S$39,500. The acquisition increased his direct interest from 105,000 shares to 130,000 shares. 

The purchase followed an earlier open market acquisition on 20 April, when Mr Tan acquired 24,800 shares for US$32,736, increasing his direct interest from 80,200 shares to 105,000 shares. Across the two disclosed transactions, he acquired a total of 49,800 shares. 

The April and July purchases were completed at average prices of US$1.32 per share and S$1.58 per share respectively. The differing currencies reflect UltraGreen.ai's dual-currency trading structure, with the company maintaining both US dollar and Singapore dollar trading counters on SGX that represent the same underlying shares. 

2. $HealthBank(40B.SI)$

HealthBank Holdings announced on 13 July that it has entered into subscription agreements with three investors for the placement of up to 70.7 million new shares at S$0.0378 per share, raising gross proceeds of approximately S$2.67 million.

The company intends to utilise estimated net proceeds of approximately S$2.66 million to finance new businesses, strategic investments, acquisitions and expansion opportunities. The placement follows a two-tranche subscription completed in October 2025 and January 2026 and the receipt of a listing and quotation notice for a separate placement in April 2026. 

3. $RichCapital(1U8.SI)$

Rich Capital Holdings announced on 15 July that it has entered into a placement agreement for up to 18.0 million new shares at S$0.071 per share, raising gross proceeds of up to S$1.28 million. The issue price represents an 8.97% discount to the volume weighted average price of the shares on 14 July.

The company expects net proceeds of approximately S$1.22 million, with 50% intended for new business opportunities including projects, investments, partnerships and acquisitions, and the remaining 50% for general working capital. If fully subscribed, the placement shares will represent 49.03% of the company’s existing issued share capital.