UPDATE: Singapore share buybacks Thursday: Hongkong Land, UOB, OCBC, CNMC Goldmine, Global Investments

POSB, OCBC, UOB and Citibank ATMs in Singapore.POSB, OCBC, UOB and Citibank ATMs in Singapore.

These are Singapore companies which announced share buybacks on Thursday, 23 September 2021: UOB, OCBC, CNMC Goldmine and Global Investments.

This item was originally published on Thursday, 23 September 2021 at 20:21 SGT; it has since been updated to include Hongkong Land. 

Hongkong Land

Hongkong Land bought back 200,000 shares in a market repurchase at US$4.38 to US$4.46 each, Jardine Matheson said in a notification filed to the U.K.’s Financial Conduct Authority and SGX on behalf of the company.  The repurchased shares will be cancelled, the filing said.

The company, which is listed on the London Stock Exchange, with secondary listings in Singapore and Bermuda, is a landlord and property developer in China, Hong Kong, Jakarta and Singapore. Jardine Strategic owns 50.4 percent of Hongkong Land and 59.2 percent of Jardine Matheson.

OCBC

OCBC bought back 200,000 shares in the market at S$11.49 each for a total consideration, including other costs, of around S$2.30 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$25.48 to S$25.67 each for a total consideration, including other costs, of around S$1.84 million, the bank said in a filing to SGX after the market close.

CNMC Goldmine Holdings

CNMC Goldmine Holdings bought back 50,000 shares in the market at S$0.194 to S$0.195 each for a total consideration, including other costs, of around S$9,788, 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 Ltd. bought back 500,000 shares in the market at S$0.15576 each for a total consideration, including other costs, of around S$77,939, 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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