insider moves

IFS Capital chairman Lim raises stake; director Zee of JEP on a buying spree

This is also the first time in more than two years that Lim has increased his stake. According to the company’s filings, Lim’s last purchase of 445,000 shares at 24 cents each was made on Dec 4, 2017.

Ong and Suparman of KOP raise stake; Lim of Tai Sin Electric gifts shares to sons

With the Covid-19 outbreak, KOP warns that tourism will slow. Progress for KOP’s Wintastar Shanghai resort, which is undergoing construction, “will inevitably be slow” too.

Alliance Healthcare chairman Thng raises stake; shareholder Ng at Synagie pares stake to below 5%

Alliance Healthcare was able to make better use of a series of government grants to lower its costs. In 1HFY2019, it was able to reduce its costs by $304,799 versus a reduction of $80,272 a year ago.

Neo Group's boss raises stake in married deal; Lian Beng's Ong family scoops up shares

SINGAPORE (Feb 21): Neo Kah Kiat, chairman and CEO of caterer Neo Group, bought 5.2 million shares via a married deal on Feb 13. He paid a total of $1.56 million, which works out to 30 cents per share – a significant discount to Neo Group’s closing p

Reenova's chairman Chen raises stake; seeks new funding to start tantalum mine

SINGAPORE (Feb 7): Chen Tong, executive chairman of Reenova Investment Holdings, has raised his stake in the company again. On Jan 23, he bought 250 million shares from the open market at 0.3 cent each, or a total of $750,000. With this purchase, Chen now

Hong Lai Huat founder Ong buys shares; AEM director sells following positive guidance

SINGAPORE (Jan 31): Ong Bee Huat, founder, deputy chairman and CEO of property and agriculture company Hong Lai Huat Group, has resumed buying shares in his own company after a break of more than four months.

CWX Global, Yanlord and Union Gas see transactions by top management

SINGAPORE (Jan 10): Jeff Cheong Wei Xiong of CWX Global is no longer a substantial shareholder of the company he chairs. On Jan 3, via a married deal, Cheong sold 140 million shares at 0.5 cent each, cutting his stake from 7.25% to 3.66%.

GL and Synagie see more shareholder interest

SINGAPORE (Dec 2): The controlling shareholder of GL has increased its stake in the investment holding company. On Nov 19, GuocoLeisure Asset, an entity held by the Quek family, bought 367,000 shares at 78.5 cents each. This brings its stake in the co

MoneyMax and SK Jewellery insiders buy shares in the companies as gold prices rise

SINGAPORE (Oct 14): Amid a global economic slowdown and uncertainty in the macroeconomic environment, investors tend to seek refuge in safe-haven assets such as gold, and insiders’ purchases of shares in companies that benefit from rising gold prices is
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