To The Moon

Over the five sessions through to 22 October, more than 70 filings relating to directors’ interests and substantial shareholdings were filed across 40 primary-listed stocks. Directors or CEOs reported 29 acquisitions and one disposal, while substantial shareholders filed 10 acquisitions and three disposals. 

The five sessions through to 22 October saw 20 primary-listed companies conduct buybacks with a total consideration of S$20.0 million, half the run rate of the previous week as the earnings season heats up. $UOB(U11.SI)$ again led the activity with S$8.1 million of buybacks, followed by $ST Engineering(S63.SI)$ with S$5.1 million.

1. $Centurion(OU8.SI)$  

Centurion Joint Chairmen Continue Accumulating Shares

Between 15 October and 20 October, Han Seng Juan, Non-Executive Director and Joint Chairman of Centurion Corporation, acquired an aggregate 608,300 shares on-market for S$765,325, at an average price of approximately S$1.26 per share. The purchases increased his total interest to 44.50% from 44.43% previously. 

Separately, on 20 October, David Loh Kim Kang, Executive Director and Joint Chairman of Centurion Corporation, acquired 200,000 shares on-market at S$1.2483 per share. The purchase increased his total interest to 48.37% from 48.34% previously. 

2. $GuocoLand(F17.SI)$

GuocoLand Chairman Further Increases Deemed Interest

On 14 October, Quek Leng Chan, Chairman and Non-Independent Non-Executive Director of GuocoLand, acquired a deemed interest in 316,500 shares through an open-market purchase by GuoLine Group Management Company Pte. Ltd for S$705,795, at S$2.23 per share. The purchase increased his deemed interest to 71.96% from 71.94% previously.

3. $Tuan Sing(T24.SI)$

Tuan Sing Directors’ Deemed Interests Increase Following Purchases

On 15 October, William Liem, Chief Executive Officer and Executive Director of Tuan Sing Holdings, reported an increase in his deemed interest to 60.351% from 60.196%. The increase arose from the acquisition of 1,962,400 shares for S$529,789 at an average share price of S$0.27 by Nuri Holdings (S) Pte Ltd and Greenpark Investments Pte Ltd, in which he is deemed interested. Michelle Liem Mei Fung, Non-Executive and Non-Independent Director of Tuan Sing Holdings, reported the same increase in deemed interest to 60.351% from 60.196% following the same transaction. 

4. $Frencken(E28.SI)$

Frencken Chairman Increases Direct Interest

On 20 October, Dato' Seri Gooi Soon Chai, Chairman and Non-Independent Non-Executive Director of Frencken Group, acquired 100,000 shares on-market for S$218,000, or S$2.18 per share. The purchase increased his direct interest to 1.74% from 1.71% previously, while his total interest increased to 21.53% from 21.50%. 

5. $Huationg Global(41B.SI)$

Huationg CEO Continues Accumulating Shares

Between 14 October and 20 October, Patrick Ng Kian Ann, Executive Director and Chief Executive Officer of Huationg Global, acquired an aggregate 402,500 shares on-market for S$192,625, at an average price of approximately S$0.48 per share. The purchases increased his direct interest to 8.23% from 7.94% previously, while his total interest increased to 73.10% from 72.81%. 

6. $Attika Group(53W.SI)$

Attika Executive Chairman Continues Accumulating Shares

On 15 and 16 October, Steven Tan, Executive Chairman and Managing Director of Attika Group, acquired a deemed interest in an aggregate 439,700 shares on-market for S$94,515, at an average price of approximately S$0.215 per share. His deemed interest increased to 74.7% from 74.6% previously. 

7. $JustCo(JCO.SI)$

JustCo Executive Chairman and CEO Increases Direct Interest

On 21 October, Kong Wan Sing, Executive Chairman and Chief Executive Officer of JustCo Holdings, acquired 80,000 shares on-market for S$32,800, or S$0.41 per share. The purchase increased his direct interest to 0.37% from 0.35% previously, while his total interest increased to 18.70% from 18.68%.

8. $TAP(TAP.SI)$

The Assembly Place Chairman Increases Direct Interest

On 19 October, Low See Ching, Non-Executive Chairman of The Assembly Place Holdings, acquired 100,000 shares on-market for S$19,729, or approximately S$0.197 per share. The purchase increased his direct interest to 25.70% from 25.67% previously. 

9. $Mooreast(1V3.SI)$

Mooreast Deputy Chairman Increases Direct Interest

On 16 October, Sim Koon Lam, Executive Director and Deputy Chairman of Mooreast Holdings, acquired 55,000 shares on-market for S$4,950, or S$0.09 per share. The purchase increased his direct interest to 10.81% from 10.79% previously, while his total interest increased to 65.61% from 65.59%. His deemed interest remained unchanged at 54.80%, arising from shares held by Feng Tai Investment Pte. Ltd., in which he holds a 60% interest.

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