UPDATE: Singapore share buybacks Wednesday: OCBC, UOB, Hour Glass, Food Empire, CNMC Goldmine, Global Investments

UOB logoPhoto by Leslie Shaffer

These are Singapore companies which announced share buybacks on Wednesday, 22 September 2021: OCBC, UOB, The Hour Glass, CNMC Goldmine and Global Investments.

This item was originally published on Wednesday, 22 September 2021; it has since been updated to include Food Empire Holdings. 

OCBC

OCBC bought back 200,000 shares in the market at S$11.39 each for a total consideration, including other costs, of around S$2.28 million, the bank said in a filing to SGX after the market close.

UOB

UOB bought back 72,000 shares in the market at S$25.29 to S$25.51 each for a total consideration, including other costs, of around S$1.83 million, the bank said in a filing to SGX after the market close.

The Hour Glass

The Hour Glass bought back 482,000 shares in the market at S$1.56 each for a total consideration, including other costs, of around S$753,851, the watch retailer said in a filing to SGX after the market close.

Food Empire Holdings

Food Empire Holdings bought back 80,000 shares in the market at S$0.75157 each for a total consideration, including other costs, of around S$60,312, the company said in a filing to SGX after the market close.

The company is a food and beverage maker, with products including instant beverages, frozen convenience food and snack food. Its brands include Kracks potato chips, Orien Bites frozen finger food, Bolt malt drink and three-in-one instant coffee brands CafeRite and Petrovskaya Sloboda.

CNMC Goldmine

CNMC Goldmine Holdings bought back 148,100 shares in the market at S$0.195 to S$0.197 each for a total consideration, including other costs, of around S$29,102, the company said in a filing to SGX after the market close.

The Catalist-listed gold miner is developing the Sokor Gold Field Project, located in Kelantan state in Malaysia.

Global Investments

Global Investments bought back 500,000 shares in the market at S$0.156 each for a total consideration, including other costs, of around S$78,059, the company said in a filing to SGX after the market close.

GIL invests in a cross-sector portfolio of assets which will generate steady income and potential appreciation; its investments include direct asset ownership, swaps, credit default swaps, debt, warrants, options, equity and loan agreements, according to its website.

 

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