The five trading sessions saw more than 80 director interests and substantial shareholdings filed for close to 60 primary-listed stocks. Directors or CEOs filed 24 acquisitions, and two disposals, while substantial shareholders filed six acquisitions and three disposals.
1. $Hong Leong Asia(H22.SI)$
Between Mar 4 and 5, Hong Leong Asia Executive Chairman Kwek Leng Peck acquired 767,000 shares at an average price of S$0.989 per share. This increased his total interest from 1.19% to 1.29%.
2. $Centurion(OU8.SI)$
On Feb 27, Centurion Corporation Non-Executive Director and Joint Chairman Han Seng Juan increased his total interest in Centurion Corporation from 55.61% to 55.68%. The acquisitions saw him acquire 600,000 shares of the listed company for a consideration of S$586,338 at an average price of S$0.977 per share.
His preceding acquisitions were back in Aug 2020 with 1,525,000 shares acquired at S$0.352 cents per share. Responsible for the formulation of corporate and business strategies, he has also been a Principal and Director of Centurion Global Ltd, a controlling shareholder of the company, from April 2008 to present.
3. $Olam Group(VC2.SI)$
On Feb 28, Olam Group Executive Director, Co-Founder and CEO Sunny Verghese acquired 500,000 shares at an average price of S$0.99 per share. With a consideration of S$495,580 this increased his direct interest from 4.43% to 4.45%. His preceding acquisition on the open market was in July 2022 with 500,000 shares acquired at S$1.54 per share.
4. $UOB(U11.SI)$
Between Feb 28 and March 3, United Overseas Bank Chairman Wong Kan Seng acquired 10,050 shares at an average price of S$38.157 per share. With a consideration of S$383,480, this increased his total interest in UOB to 75,120 shares.
His preceding acquisition on the open market was on March 1, 2023, with 3,700 acquired at S$29.74 per share. Mr Wong was appointed to the board of UOB in July 2017 and assumed the role of chairman in February 2018.
5. $GuocoLand(F17.SI)$
Between Feb 27 and 28, GuocoLand chairman and non-independent non-executive director Quek Leng Chan increased his deemed interest via acquisitions by GuoLine Group Management Company. The 40,500 shares were acquired at an average price of S$1.45 apiece.
Mr Quek maintains a 71.86% deemed interest in the leading real estate group that offers comprehensive capabilities across the entire real estate value chain.
6. $MarcoPolo Marine(5LY.SI)$
On Mar 4, Marco Polo Marine non-executive director Darren Teo acquired one million shares at S$0.049 per share. This increased his direct interest from 0.23% to 0.26%.
Additionally, Mr Teo has a deemed interest through Apricot Capital, which holds 607,142,857 shares in Marco Polo Marine. He indirectly owns 20% of the company's issued and paid-up share capital, bringing his total interest in Marco Polo Marine to 16.43%.
7. $Anchun Intl(BTX.SI)$
On Mar 3, Ace Sense Holdings Limited acquired 124,200 shares at an average price of S$0.318 per share. This increased the deemed interest of Anchun International Holdings Non-Independent Non-Executive Chairman Xie Meng from 23.14% to 23.41%.
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