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

OCBC ATMs in SingaporeOCBC ATMs in Singapore

These are Singapore companies which announced share buybacks on Friday, 24 September 2021: OCBC, Eurosports Global, CNMC Goldmine Holdings and Global Investments.

This item was originally published on Friday, 24 September 2021 at 20:34 SGT; it has since been updated to include UOB and Hongkong Land. 

OCBC

OCBC bought back 200,000 shares in the market at S$11.44 each for a total consideration, including other costs, of around S$2.29 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$25.36 to S$25.71 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.

Hongkong Land

Hongkong Land bought back 258,800 shares in the market at US$4.61 to US$4.65 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.

CNMC Goldmine

CNMC Goldmine Holdings bought back 250,000 shares in the market at S$0.193 to S$0.196 each for a total consideration, including other costs, of around S$48,820, 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.

Eurosports Global

Eurosports Global bought back 629,300 shares in the market at S$0.19753 each for a total consideration, including other costs, of around S$124,625, the company said in a filing to SGX after the market close.

The company distributes luxury automobiles and after-sales services for Lamborghini and Alfa Romeo in Singapore, and for Touring Superleggera in Singapore, Malaysia, Brunei and Indonesia, according to its website.

Global Investments

Global Investments Ltd. 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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