Yangzijiang Shipbuilding paid between $1.85 to $1.9 for 2 million shares, or $3.75 million in total.
Likewise, the head honchos of a few SGX-listed companies are too in the fray.
The founder and CEO of UMS Integration, Andy Luong, purchased 199,800 shares for a total amount of $184,815 through market transaction on Apr 7. This brings his stake to 15.36% of the total percentage of ordinary shares, up from the 15.34% previously.
Centurion Corporation’s non-executive director Han Seng Juan, bought 250,000 ordinary shares for $1.04 per share for $260,000 on Apr 7. Han, who owns a 50% shareholding interest in the company, now has 55.714% of the total percentage of ordinary shares.
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Similarly, former foreign minister George Yeo purchased 130,000 shares in Wilmar Internationalon Apr 8 for a total cost of $394,700, bringing his total stake in the company to 0.015%. Yeo is an independent director of Wilmar.
On Apr 8, the share buybacks continued among few listed companies in Singapore. DBS Group Holdings bought 500,000 shares for a price of $19.108 million at a price between $37.86 and $38.53. DBS closed 3.259% down at $38 on Apr 8.
United Overseas Bank (UOB) paid between $32.01 and $33.67 to buy back 100,000 shares for a total cost of $3.24 million. UOB closed 3.310% down at $32.13 on Apr 8.
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Yangzijiang Shipbuilding bought 3 million shares for a price of $5.713 million, at a price between $1.90 and $1.91. Yangzijiang closed 1.042% down at $1.90 on Apr 8.
CapitaLand Investment bought back 12,000 shares for a total amount of $29,816 at a price of $2.48 per share. CapitaLand Investment closed 2.058% up at $2.48 on Apr 8.
Venture Corporation bought back 15,000 shares for a total of $161,660 and $10.76 per share. Venture Corporationclosed 0.276% higher at $10.91 on Apr 8.
Offshore and marine player Seatrium paid an average of $1.7248 for 1.15 million shares;
Outside of the STI, companies that bought back shares on April 8 include coffeeshop operator Kimly, which paid 30.493 cents each for 304,000 shares and developer Oxley Holdings, which paid 6.4 cents each for 295,000 shares.
