The five trading sessions saw more than 70 director interests and substantial shareholdings filed for more than 40 primary-listed stocks. Directors or CEOs filed 20 acquisitions, and no disposals, while substantial shareholders filed four acquisitions and six disposals.
Companies that saw director acquisition filings included ABR Holdings, Accrelist, GuocoLand, Hong Leong Asia, Hyphens Pharma International, IFS Capital, Megachem, PNE Industries, Singapore Shipping Corporation, Singapore Telecommunications, Stamford Land Corporation, Trans-China Automotive Holdings, Wilmar International, and XMH Holdings.
1. $Wilmar Intl(F34.SI)$
On Feb 21, Wilmar International chairman and chief executive officer Kuok Khoon Hong grew his deemed interest in the global agribusiness by 1,662,800 shares at S$3.07 a share. This increased his total interest from 14.31% to 14.33%. He has gradually increased his total interest in Wilmar from 12.94% in October 2022.
Wilmar International non-executive and independent director George Yeo also acquired 176,500 shares at an average price of S$3.09 a share. This increased his direct interest in the global agribusiness to 776,500 shares or 0.012%. Mr Yeo was appointed to the Wilmar Board on April 19, 2024.
2. $Hong Leong Asia(H22.SI)$
On Feb 27, Hong Leong Asia Executive Director & CEO Stephen Ho Kiam Kong acquired 110,000 shares at an average price of S$0.929 a share. This doubled up his direct interest from 0.014% to 0.029%.
The previous 103,500 shares were acquired at an average price of S$0.519 per share back in November 2020. Mr Ho has extensive experience in finance, treasury and risk management from his executive positions previously held at Wilmar International Ltd and Dutch multinational corporate, Royal Philips.
3. $Singtel(Z74.SI)$
On Feb 24, Singapore Telecommunications independent non-executive director Yong Ying-I acquired 30,000 shares at S$3.28 per share. Her preceding acquisitions were Nov 27, with 20,000 shares acquired at S$3.01 per share and in Feb 2024, with 10,000 shares acquired at S$2.33 per share. Ms Yong has been on the Singtel board since Nov 2022.
4. $ABR(533.SI)$
Between Feb 26 and 27 ABR Holdings managing director Ang Yee Lim acquired 150,000 shares at an average price of S$0.421 per share. This increased his direct interest in the home-grown restaurant operator from 53.80% to 53.87%. Mr Ang as gradually increased his interest from 52.12% at the end of 2023.
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