Singapore share buybacks Thursday: UOB, OCBC, Nanofilm, Hongkong Land, Q&M Dental, ST Group Food

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These are Singapore companies which announced share buybacks on Thursday, 14 October 2021: OCBC, UOB, Nanofilm Technologies International, Hongkong Land, Q & M Dental Group (Singapore), ST Group Food Industries Holdings and Global Investments.

OCBC

OCBC bought back 200,000 shares in the market at S$11.85 each for a total consideration, including other costs, of around S$2.37 million, the bank said in a filing to SGX after the market close.

Nanofilm Technologies International

Nanofilm Technologies International bought back 300,000 shares in the market at S$3.68 to S$3.76 each for a total consideration, including other costs, of around S$1.11 million the company said in a filing to SGX after the market close.

UOB

UOB bought back 72,000 shares in the market at S$26.29 to S$26.60 each for a total consideration, including other costs of around S$1.91 million, the bank said in a filing to SGX after the market close.

Hongkong Land

Hongkong Land bought back 276,000 shares in the market at US$4.93 to US$4.97 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.

Q & M Dental Group (Singapore)

Q & M Dental Group (Singapore) bought back 800,000 shares in the market at S$0.575 to S$0.58 each for a total consideration, including other costs, of around S$464,734, the dental clinic operator said in a filing to SGX after the market close.

ST Group Food Industries Holdings

ST Group Food Industries Holdings bought back 25,000 shares in the market at S$0.115 each for a total consideration, including other costs, of around S$2,903, 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.

Global Investments

Global Investments Ltd. bought back 323,700 shares in the market at S$0.155 each for a total consideration, including other costs, of around S$50,211, 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. GIL is managed by Singapore Consortium Investment Management.

 

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