Weekly Inflows: Hosen, Audience & ABR Professional directors raise stake

SGX_Stars
03-24

The five trading sessions saw more than 70 director interests and substantial shareholdings filed for close to 40 primary-listed stocks. Directors or CEOs filed 11 acquisitions, and no disposals, while substantial shareholders filed five acquisitions and two disposals.

1. $Hosen(5EV.SI)$

On March 18, Hosen Group Executive Director and CEO Daniel Lim Hock Chye acquired 716,000 shares at an average price of S$0.44 apiece. This increased his direct interest from 2.72% to 2.94%.  His preceding acquisitions were in early December with 1,774,600 shares acquired at an average price of S$0.04 per share. Mr Lim joined the Group in 1997 and became Executive Director in March 2004. He oversees brand building, procurement, international sales, and the strategic growth of the chocolate business. 

2. $Audience(1AZ.SI)$

On March 14, Audience Analytics Chairman and Managing Director Datuk William Ng Yan Meng acquired 111,000 shares at an average price of S$0.277 per share. This increased his total interest from 83.97% to 84.02%t. Datuk William Ng manages the Group’s daily operations, in addition to setting the growth direction. He has more than 22 years of experience in the business impact assessment and recognition, marketing, media, and exhibition industries.

3. $ABR(533.SI)$

On March 18, ABR Holdings managing director Ang Yee Lim acquired 50,000 shares at S$0.41 per share. This increased his direct interest in the home-grown restaurant operator from 53.87% to 53.90%. Mr Ang has gradually increased his interest from 52.12% as of the end of 2023 and has served as managing director since July 2004. 

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