UPDATE: Singapore share buybacks Monday: Hongkong Land, OCBC, UOB, AnnAik, Goodland, Eurosports, CNMC Goldmine, Global Investments

Singapore UOB bank branchSingapore UOB bank branch

These are Singapore companies which announced share buybacks on Monday, 27 September 2021: Hongkong Land, OCBC, UOB, Goodland Group, AnnAik Ltd., CNMC Goldmine Holdings, Eurosports Global and Global Investments.

This item was originally published on Monday, 27 September 2021 at 20:51 SGT; it has since been updated to include ST Group Food Industries Holdings. 

UOB

UOB bought back 72,000 shares in the market at S$25.57 to S$25.79 each for a total consideration, including other costs, of around S$1.86 million, the bank said in a filing to SGX after the market close.

OCBC

OCBC bought back 200,000 shares in the market at S$11.61 each for a total consideration, including other costs, of around S$2.32 million, the bank said in a filing to SGX after the market close.

Hongkong Land

Hongkong Land bought back 417,000 shares in the market at US$4.68 to US$4.81 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.

ST Group Food Industries Holdings

ST Group Food Industries Holdings bought back 10,900 shares in the market at S$0.101 each for a total consideration, including other costs, of around S$1,128, the company said in a filing to SGX after the market close.

The Australia-based company holds franchise and license rights to nine brands, including PappaRich, NeNe Chicken, Gong Cha, Pafu, Kurimu Japanese Cream Choux, Hokkaido Baked Cheese Tart, IPPUDO and iDarts Australia. The group operates around 133 outlets across Australia, Malaysia, New Zealand and the United Kingdom.

Goodland Group

Goodland Group bought back 100,000 shares in the market at S$0.138 to S$0.14 each for a total consideration, including other costs, of around S$13,920, the company said in a filing to SGX after the market close.

The Singapore-based property developer, which specialises in residential developments, has projects in Malaysia, Cambodia and Singapore.

AnnAik

AnnAik Ltd. bought back 150,500 shares in the market at S$0.06974 each for a total consideration, including other costs, of around S$10,557, the company said in a filing to SGX after the market close.

The company has four main businesses: Distribution of stainless steel piping products, manufacture of steel flanges, engineering construction of piping process system and environmental business via building and operating industrial waste-water treatment plants in China, according to a Reuters profile

CNMC Goldmine

CNMC Goldmine Holdings bought back 120,000 shares in the market at S$0.194 to S$0.196 each for a total consideration, including other costs, of around S$23,546, 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 53,000 shares in the market at S$0.19898 each for a total consideration, including other costs, of around S$10,607, 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$0.15647 each for a total consideration, including other costs, of around S$78,294, 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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