Thursday, December 19th, 2024

Singapore Notable Transactions

  • Institutional Inflow:
    • Institutions were net buyers of Singapore stocks between Aug 30 and Sep 5, with S$328 million in net institutional inflow.
    • Half of this inflow was recorded on Aug 30, coinciding with the MSCI quarterly index review.
    • Stocks leading the inflow include DBS, Singtel, UOB, Seatrium, Sembcorp Industries, and OCBC.
  • Institutional Outflow:
    • Stocks with significant net institutional outflow included Sats, UMS Holdings, Keppel Reit, Best World International, Venture Corporation, and Wilmar International.
  • Share Buybacks:
    • 21 companies conducted buybacks worth S$19.8 million.
    • OCBC led buybacks, acquiring 600,000 shares.
    • Global Investments bought back 1.5 million shares.
  • Notable Director Transactions:
    • Directors or CEOs filed 24 acquisitions and three disposals, while substantial shareholders filed eight acquisitions and six disposals.
  • Tuan Sing Holdings:
    • Nuri Holdings increased its stake in Tuan Sing Holdings, raising the deemed interests of directors William and Michelle Liem.
    • The company reported a net loss of S$6.6 million for H1 FY2024 but anticipates positive contributions from its retail asset enhancement in 2025.
  • Aedge Group:
    • Executive chairman Poh Soon Keng increased his stake in Aedge Group through a S$520,800 share acquisition.
    • The company showed resilience with operational efficiency, despite lower revenue in FY2024.
  • Other Key Acquisitions:
    • CapitaLand Ascott Trust and ValueMax Group had significant director acquisitions, reflecting growing interest in their stocks.Thank you

Top Glove Corp Struggles for Recovery Amid Market Challenges

Date: October 21, 2024Broker: CGS International Securities Malaysia Sdn. Bhd. Company Overview Top Glove Corporation is one of the largest glove manufacturers in the world. The company specializes in the production of various types...

Alibaba Health Bets on Non-Drug Products and Digital Upgrades for Strong Future Growth

Date: 27th September 2024Broker: UOB Kay Hian Company Overview Alibaba Health Information Technology (Ali Health) is the leading internet healthcare company in China. It operates across pharmaceutical direct sales, pharmaceutical e-commerce platforms, and healthcare...

Galaxy Entertainment Q3 Results: EBITDA Dips, but Strong October Recovery Signals Positive Outlook

Galaxy Entertainment Group: 3Q24 Performance and Future Prospects Broker Name: UOB Kay Hian Date: Friday, 08 November 2024 Overview of Galaxy Entertainment Group Galaxy Entertainment Group, a prominent player in the global entertainment industry,...