Weekly: Wing Tai, Wilmar Intl, Centurion & TOTM directors raise stake

SGX_Stars
10-06

Over the five trading sessions 75 director interests and substantial shareholdings were filed. Across 30 primary-listed stocks, Directors or CEOs reported 10 acquisitions and one disposal, while substantial shareholders recorded two acquisitions and five disposals. 

1. $Wilmar Intl(F34.SI)$

Between Sep 26 and 29 Wilmar International chairman and CEO Kuok Khoon Hong increased his deemed interest in the company from 14.34% to 14.39%. Over the two sessions,

HPRY Holdings acquired 981,700 shares, Longhlin Asia acquired 981,700 shares and Hong Lee Holdings acquired 981,800 shares. The 2,945,200 shares were acquired at an average price of S$2.83. 

2. $Centurion(OU8.SI)$

Between Sep 29 and 30, Centurion Corporation non-executive director and joint chairman Han Seng Juan increased his interest in Centurion Corporation from 55.7% to 55.75%.

The on-market acquisition saw him acquire 300,000 shares at an average price of S$1.46 per share. This followed his acquisition of 250,000 shares at an average price of S$1.04 apiece on Apr 7 and 600,000 shares at S$0.977 apiece on Feb 27. Prior to this year, his preceding acquisitions were made back in August 2020. 

3. $Wing Tai(W05.SI)$

Wing Tai Holdings chairman and managing director Cheng Wai Keung resumed increasing his deemed stake in the company, with additional shares acquired by his spouse Helen Chow. This raised his total interest from 61.85 per cent to 61.89 per cent between Sep 26 and Oct 2. Ms Chow is a Director of Wing Tai Property Management Pte Ltd where she is responsible for marketing and sales functions in property division and develops and implements strategies to achieve optimal marketing mix for property products, manages sales operations across geographies to achieve revenue goals. 

 4. $Totm Tech(42F.SI)$

On Oct 1, Thomas Clive Khoo increased his substantial shareholding in TOTM Technologiesabove the 18% threshold, from 17.90% to 18.17%. The 3,979,900 shares were acquired at an average price of S$0.031 apiece. 

His substantial shareholding crossed above 10% in June, and he emerged as a substantial shareholder in Sep 2024. 

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