Weekly: XMH, JB Foods & Reclaims directors see Huge Acquisitions
Over the five sessions, more than 50 director interests and substantial shareholdings were filed. Across more than 30 primary-listed stocks, Directors or CEOs reported seven acquisitions and one disposal, while substantial shareholders recorded six acquisitions and two disposals.
1. $XMH(BQF.SI)$
Between Jan 5 and 6, XMH Holdings Chairman and Managing Director Tan Tin Yeow acquired 92,600 shares at a S$1.53 apiece. This increased his direct interest from 64.63%t to 64.72%. His preceding transaction was on Dec 16, with 500,000 shares acquired at S$1.50 apiece.
2. $JB Foods(BEW.SI)$
Between Dec 30 and 31, Executive Director and CEO Tey How Keong acquired 101,300 shares at an average price of S$0.68 per share. This increased his direct interest from 1.70% to 1.73% and total interest to 44.42%. Mr Tey maintains a deemed 42.69% interest in JB Foods, through JB Cocoa Group Sdn Bhd.
3. $Reclaims Global(NEX.SI)$
On Jan 7, Reclaims Global Executive Director and CEO Tan Kok Huat acquired 50,000 shares at S$0.40 apiece. This increased his direct from 33.62% to 33.65%. His preceding acquisition was on Nov 10, with 150,000 shares also acquired at an average price of S$0.40.
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