Weekly Inflows: UOB, XMH, AcroMeta & Marco Polo Marine Professional directors raise stake

SGX_Stars
02-24

The five trading sessions saw less than 40 director interests and substantial shareholdings filed for more than 20 primary-listed stocks.

Directors or chief executive officers filed nine acquisitions and no disposals, while substantial shareholders filed one acquisition and nine disposals.

1. $UOB(U11.SI)$

On Feb 19, UOB deputy chairman and CEO Wee Ee Cheong acquired 200,000 shares at an average price of S$38.65 per share. This increased his direct interest to 0.35%, and total interest from 10.73% to 10.74%.

2. $XMH(BQF.SI)$

XMH Holdings chairman and managing director Tan Tin Yeow has continued to add to his interests, acquiring 96,900 shares at an average price of S$0.698 per share on Feb 12 and 13.

This brings his total interest from 64% to 64.09%. Tan has gradually increased his total interest from 41.27% in July 2022.

3. $AcroMeta(43F.SI)$

On Feb 19, executive director Lawrence Toh acquired 1,510,000 shares at an average price of S$0.04 apiece. With a consideration of S$60,410, this increased his total interest from 4.22% to 4.66%.

4. $MarcoPolo Marine(5LY.SI)$

On Feb 19, Marco Polo Marine non-executive director Darren Teo acquired one million shares at S$0.053 per share. This increased his direct interest from 0.21% to 0.23%.

He also holds deemed interest through Apricot Capital, which holds a total of 607,142,857 of the shares in Marco Polo Marine. Teo indirectly owns 20% of the issued and paid-up share capital of the company.

This brings his total interest in Marco Polo Marine to 16.4%.

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