Weekly Share Buybacks: Wilmar Intl, Frencken, Oceanus & GuocoLand Professional directors raise stake

SGX_Stars
04-14

The five trading sessions saw close to 80 director interests and substantial shareholdings filed for 40 primary-listed stocks. Directors or CEOs filed 28 acquisitions, and one disposal, while substantial shareholders filed 10 acquisition and one disposal.

1. $Wilmar Intl(F34.SI)$

On April 7, Wilmar International chairman and CEO Kuok Khoon Hong grew his deemed interest in the global agribusiness by 598,900 shares at an average price of S$3.02 apiece. This increased his total interest from 14.33% to 14.34%.

He has gradually increased his total interest in Wilmar from 12.94% in October 2022. His preceding acquisition was on February 21 with 1,662,800 shares acquired at S$3.07 apiece. Mr Kuok has gradually increased his total interest in Wilmar from 12.94% in October 2022.

On April 8, Wilmar International non-executive and independent director George Yeo acquired 130,000 shares at an average price of S$3.04 a share. This increased his direct interest in the global agribusiness to 906,500 shares or 0.015%. His preceding acquisition was on February 24, with 176,500 shares acquired at an average price of S$3.09 a share. Mr Yeo was appointed to the Wilmar board in April 2024.

2. $Frencken(E28.SI)$

Between April 4 and 7, Frencken Group non-executive non-independent chairman Gooi Soon Chai increased his total interest from 23.65% to 23.73%.  This involved the acquisition of 300,000 shares at an average price of S$0.948 apiece, in addition to 40,000 shares acquired by Sinn Hin Company Sdn. 

Frencken Group President and Executive Director Dennis Au acquired 100,000 shares at S$0.985 apiece on April 4. Mr Au was appointed as President of the Group in May 2015 and as Executive Director in April 2016, responsible for strategic direction, global operations, and performance.

3. $UMS(558.SI)$

On April 7, UMS Integration chairman and CEO Andy Luong acquired 199,800 shares at an average price of S$0.925 per share. This increased his deemed interest in the company from 15.34% to 15.36%. His preceding acquisitions on the open market were in September 2024 with 600,000 shares acquired at S$0.983 per share and May 2024, with 123,600 shares purchased at S$1.07 apiece.

4. $Centurion(OU8.SI)$

On April 7, Centurion Corporation non-executive director and joint chairman Han Seng Juan increased his total interest in the company from 55.68% to 55.71%. He bought 250,000 shares for a consideration of S$260,000, translating to an average price of S$1.04 per share.

His preceding acquisitions were in February 2025, with 600,000 bought at S$0.977 per share and in August 2020, with 1,525,000 shares purchased at S$0.352 per share.

5. $GuocoLand(F17.SI)$

Between April 4 and 7, GuocoLand chairman and non-independent non-executive director Quek Leng Chan increased his deemed interest via acquisitions by HLX Sdn Bhd. This saw 146,000 shares purchased at an average price of S$1.43 apiece. Mr Quek maintains a 71.87% deemed interest in the leading real estate group that offers comprehensive capabilities across the entire real estate value chain.

6. $Ho Bee Land(H13.SI)$

Between April 4 and 7, Ng Noi Hinoy, spouse of Ho Bee Land executive chairman Chua Thian Poh, acquired 100,000 shares for S$178,000 at S$1.78 per share. This slightly increased Dr Chua’s deemed interest in Ho Bee Land to 75.60%. Previously, Madam Ng acquired 12,100 shares at S$1.95 per share on October 2, 47,700 shares at S$1.85 per share between September 12 and 13, and 22,200 shares at S$1.87 per share on September 23.

7. $Beng Kuang(BEZ.SI)$

Between April 7 and 9, Beng Kuang Marine executive chairman Chua Beng Yong acquired 500,000 shares at an average price of S$0.180 per share.

This took his total interest in the company from 4.38% to 4.63%. His preceding acquisition was back in September 2022, with 2.4 million shares bought  at an average price of S$0.053 per share. 

8. $Tai Sin Electric(500.SI)$

Between April 7 and 9, Tai Sin Electric executive director and CEO Bernard Lim Boon Hock acquired 216,700 shares at S$0.39 per share. This increased his total interest in the industrial group from 18.17% to 18.22%. Mr Lim has gradually increased his total interest in the company from 14.82% at the end of 2019.

9. $Intl Cement(KUO.SI)$

International Cement executive director Chng Beng Hua acquired 4 million shares for a consideration of S$56,000 on April 9. At an average price S$0.014 per share, this increased his total interest in the producer and distributor of cement and gypsum plasterboards from 0.44% to 0.51%t. His preceding acquisition was in April 2024, with 3,022,700 shares acquired at S$0.018 per share.

10. $Enviro-Hub(L23.SI)$

On April 8, Enviro-Hub Holdings executive chairman Raymond Ng acquired 900,000 shares of the company at S$0.022 cents per share. With a consideration of S$19,800, this took his total interest in the environmental management solutions group from 29.10% to 29.16%. His preceding acquisitions were in November 2024, which saw him increase his total interest from 28.73% to 29.10% with the acquisition of 5,797,600 shares between S$0.023 and S$0.027 per share. 

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