UPDATE: Singapore share buybacks Wednesday: UOB, OCBC, StarHub, SGX, Hongkong Land, AEM, Food Empire, Broadway

Signage at the SGX building on Shenton Way in Singapore; taken October 2018.Signage at the SGX building on Shenton Way in Singapore; taken October 2018.

These are Singapore companies which announced share buybacks on Wednesday, 6 October 2021: UOB, OCBC, Singapore Exchange (SGX), Hongkong Land, Food Empire Holdings, Broadway Industrial, Eurosports Global, StarHub, AEM Holdings, CNMC Goldmine, The Hour Glass, G.K. Goh Holdings and Global Investments.

This item was originally published on Wednesday, 6 October 2021 at 21:29 SGT; it has since been updated to include Boustead Singapore. 

UOB

UOB bought back 72,000 shares in the market at S$25.94 to S$26.12 each for a total consideration, including other costs, of around S$1.88 million, the bank said in a filing to SGX after the market close.

Singapore Exchange

Singapore Exchange (SGX) bought back 23,600 shares in the market at S$9.53 to S$9.57 each for a total consideration, including other costs, of around S$225,973, the exchange operator said in a filing to SGX after the market close.

The repurchased shares will be used to fulfill the company’s obligations under its share-based remuneration and restricted share plans, SGX said.

OCBC

OCBC bought back 200,000 shares in the market at S$11.53 each for a total consideration, including other costs, of around S$2.31 million, the bank said in a filing to SGX after the market close.

AEM Holdings

AEM Holdings bought back 150,000 shares in the market at S$3.93 each for a total consideration, including other costs, of around S$591,014, the company said in a filing to SGX after the market close.

AEM’s products include customized, application-specific semiconductor and electronics test and handling services for companies serving the advanced computing, 5G, and AI markets, the statement said. The company’s manufacturing plants are located Singapore, Malaysia, Indonesia, China, Finland and Vietnam.

StarHub

StarHub bought back 260,000 shares in the market at S$1.23 each for a total consideration, including other costs, of around S$320,211, the telco said in a filing to SGX after the market close.

Hongkong Land

Hongkong Land bought back 345,000 shares in the market at US$4.80 to US$4.85 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.

Food Empire Holdings

Food Empire Holdings bought back 100,000 shares in the market at S$0.78468 each for a total consideration, including other costs, of around S$78,711, 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.

Boustead Singapore

Boustead Singapore bought back 32,900 shares in the market at S$0.96 each for a total consideration, including other costs, of around S$31,649, the company said in a filing to SGX after the market close.

The company, founded in 1828 as a commodity-trading firm, is an engineering services group, specialising in energy-related engineering, water and waste-water engineering and industrial real-estate services.

G.K. Goh Holdings

G.K. Goh Holdings bought back 12,000 shares in the market at S$1.12 each for a total consideration, including other costs, of around S$13,489, the company said in a filing to SGX after the market close. The repurchased shares were canceled.

G.K. Goh Holdings is an investment company owning operating businesses and a portfolio of investments, including listed and unlisted equities, third-party managed funds and some non-controlling minority stakes. The company also acts as a co-investor for private-equity firms, family offices and insurance companies. It has invested in fiber optic networks in Europe, aged-care in Australia and a Japan REIT.

The Hour Glass

The Hour Glass bought back 109,000 shares in the market at S$1.56 each for a total consideration, including other costs, of around S$170,477, the watch retailer said in a filing to SGX after the market close.

Broadway Industrial Group

Broadway Industrial Group bought back 411,000 shares in the market at S$0.158 to S$0.159 each for a total consideration, including other costs, of around S$65,636, the company said in a filing to SGX after the market close.

Broadway Industrial manufactures precision-machined components, including actuator arms and other parts for the hard disk drive (HDD) industry. The company has four manufacturing facilities across China and Thailand.

CNMC Goldmine Holdings

CNMC Goldmine Holdings bought back 40,000 shares in the market at S$0.195 each for a total consideration, including other costs, of around S$7,846, 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 10,000 shares in the market at S$0.188 each for a total consideration, including other costs, of around S$1,924, 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 190,000 shares in the market at S$0.155 each for a total consideration, including other costs, of around S$29,472, 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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