The four trading sessions saw more than 50 director interests and substantial shareholdings filed for more than 30 primary-listed stocks. Directors or CEOs filed five acquisitions, and one disposal, while substantial shareholders filed five acquisition and four disposals.
1. $Uni-Asia Grp(CHJ.SI)$
Precious Shipping Public Company Limited (PSL) has become a substantial shareholder of Uni-Asia Group, following Unity Ventures Pte Ltd acquiring 46,000 shares on March 26. The shares were acquired at an average price of S$0.798 apiece and took PSL’s total substantial shareholding above the 5.00% threshold from 4.96% to 5.02%.
PSL directly holds 100% of the interests in Precious Shipping (Singapore) Pte Limited (PSSP), which in turn directly holds 100% of the interests in Unity Ventures Pte Ltd (Unity). PSL is a pure dry cargo ship-owner operating in the Handysize, Supramax and Ultramax sectors of the tramp freight market.
2. $Oceanus(579.SI)$
On April 2, Oceanus Group Executive Director and Group CEO Peter Koh acquired 10 million shares at S$0.007 per share. This increased his total interest from 12.03% to 12.07%. His preceding acquisition was through a married deal in March 2024, through a sale and purchase agreement for 509,231,363 shares at S$0.008 apiece, from Sigma Shares Limited. Mr Koh has gradually built the 12.07% interest since 2017.
Mr Koh has been the CEO of Oceanus Group since December 2014, leading the company's strategic expansion beyond farming and contributing to its successful debt restructuring in 2017. Under his leadership, Oceanus exited the SGX Watch-list in September 2021, marking a significant corporate turnaround. With over 30 years of diverse experience, Mr Koh is also involved in various aquaculture innovation bodies and sustainability committees.
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