Weekly: Aspial Lifestyle, NeraTel, Nam Cheong & LMS Compliance directors see Huge Acquisitions
While the index benchmarks consolidated, Director and CEO activity notched higher over the five sessions through to the 2 July close.
Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks.
1. $Aspial Lifestyle(5UF.SI)$
Between 26 June and 30 June, Non-Executive Chairman Koh Wee Seng acquired a total of 1,331,200 shares via market transactions at an average price of S$0.354 per share for a combined consideration of S$471,245, increasing his direct interest to 9.95% from 9.88%. His total interest increased to 75.67% from 75.60%, while his deemed interest remained unchanged at 65.72%.
2. $NeraTel(N01.SI)$
Between 25 June and 30 June, Executive Chairman Steve Chu acquired a total of 560,800 shares via market transactions for a combined consideration of S$91,450 at an average price of S$0.163 per share. The purchases increased his direct interest to 0.585%, extending a series of market acquisitions that began on 7 January.
3. $NamCheong(1MZ.SI)$
Between 25 June and 30 June, Executive Chairman Tan Sri Datuk Tiong Su Kouk increased his deemed interest in Nam Cheong by 245,300 shares through a series of market purchases at an average price of S$1.096 per share.
The acquisitions comprised 90,000 shares on 25 June, 50,000 shares on 26 June and 105,300 shares on 30 June. His deemed interest increased to 6.701% from 6.640%, while his total interest increased to 23.974% from 23.913%.
4. $LMS Compliance(LMS.SI)$
On 25 June and 26 June, Executive Director and CEO Dr Ooi Shu Geok increased his deemed interest in LMS Compliance by 220,000 shares through market transactions for a combined consideration of S$95,689, raising his total deemed interest to 77.77%, from 77.61%. Dr Ooi's interest is deemed through his shareholding interests in Louis May Pte Ltd and Fitcorp Value Pte Ltd.
The acquisitions were made at an average price of S$0.435 per share.
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