share buybacks

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.

Kimly's independent director raises stake while Wilmar's ID pares stake

SINGAPORE (Jan 17): Danny Lim, an independent director of Kimly Holdings, has increased his stake in the coffeeshop chain operator.

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%.

Management & Corporate Governance

CEOs goose their pay with buybacks

(Dec 27): Is it good or bad that US corporations are buying back their own shares? It is an important question, because buybacks have become the preferred way for companies to disgorge cash to shareholders. In 2018, Standard & Poor’s 500 companies bough

Ho Bee chairman Chua resumes buying of company's shares

SINGAPORE (Oct 28): Ho Bee Land’s chairman and CEO Chua Thian Poh has acquired 16,500 shares on Oct 10, at an average price of $2.30. The purchase, made through an entity called Ho Bee Holdings, brings the total shares held by HBH — which is 82.5% own

EuroSports revving up share buyback spree

SINGAPORE (Oct 7): EuroSports Global (ESG), a distributor of luxury cars, has been buying back its own shares from the market. In the past month, it bought back about 451,000 shares, amounting to a 0.17% stake in the company.

Indofood Agri Resources and Star Pharmaceutical see controlling shareholders up their stakes

(Sept 23): Indofood Agri Resources’ controlling shareholder, Indofood Singapore Holdings, has raised its stake in the company, following a failed takeover bid in June.
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