Weekly Buybacks: iWOW, Japan Foods & Stamford Land Professional directors raise stake

SGX_Stars
08-04

Over the five trading sessions more than 40 director interests and substantial shareholdings were filed. Across 25 primary-listed stocks, Directors or CEOs filed seven acquisitions and five disposals, while substantial shareholders recorded five acquisitions and three disposals. 

Share buybacks and director filings remained below typical levels, as the local market remained in a busy stretch of financial reporting.

$iWOW Technology Limited(NXR.SI)$

On July 25, iWOW Technology’s Lead Independent director Ang Swee Tian acquired 111,100 shares at S$0.188 apiece. This took his direct interest to 0.04%.

The former President of Singapore Exchange and SIMEX, also currently serves as the Lead Independent Director for Zheneng Jinjiang Environment Holding Company.

$Japan Foods(5OI.SI)$

On July 24, Japan Foods Holding Non-Executive Vice Chairman Eugene Wong Hin Sun acquired 60,000 shares at S$0.19 apiece. This increased his total interest from 5.63% to 5.66%. His preceding acquisition was on June 24, with 38,000 shares acquired at S$0.26 per share. 

$Stamford Land(H07.SI)$

Stamford Land Corporation Executive Chairman Ow Chi Kiat acquired 35,000 shares at S$0.435 per share. This followed his acquisition of 41,000 shares over the preceding week. He maintains a total interest of 46.18% in the independent owner-operator of luxury hotels in Australia and established real estate developer and investor.

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