UPDATE: SG buybacks Monday: Wilmar, Boustead, OCBC, Keppel, Telechoice, Oxley

OCBC branch in SingaporeOCBC branch in Singapore. Photo taken pre-Covid.

Singapore companies announcing share buybacks on Monday, 20 June 2022: Wilmar International, Boustead Singapore, OCBC, Keppel Corp., Global Investments Ltd., SHS Holdings, Telechoice International, Hong Fok Corp., Cosmosteel Holdings, Valuetronics Holdings, G.K. Goh Holdings, G.H.Y Culture & Media Holding, Pan-United Corp., Oxley Holdings, OUE Ltd., Intraco Ltd., HRnetGroup and BBR Holdings.

This item was originally published on Monday, 20 June 2022 at 21:50 SGT; it has since been updated to include Eurosports Global. 

Keppel Corp.

Keppel Corp. bought back 529,000 shares in the market at S$6.52 to S$6.61 each for a total consideration, including other costs, of around S$3.49 million, the property-to-energy-to-infrastructure conglomerate said in a filing to SGX after the market close.

OCBC

OCBC bought back 200,000 shares in the market at S$11.42 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.

Wilmar International

Wilmar International bought back 31,700 shares in the market at S$4.00 each for a total consideration, including other costs, of around S$126,949, the agri-business company said in a filing to SGX after the market close.

SHS Holdings

SHS Holdings bought back 2.5 million shares in the market at S$0.155 each for a total consideration, including other costs, of around S$388,703, the construction engineering company said in a filing to SGX after the market close. The repurchased shares will be cancelled, the filing said.

Oxley Holdings

Oxley Holdings bought back 450,000 shares in the market at S$0.161 to S$0.163 each for a total consideration, including other costs, of around S$72,785, the property developer said in a filing to SGX after the market close.

Boustead Singapore

Boustead Singapore bought back 60,700 shares in the market at S$0.945 to S$0.95 each for a total consideration, including other costs, of around S$57,663, 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.

Hong Fok Corp.

Hong Fok Corp. bought back 155,000 shares in the market at S$0.935 each for a total consideration, including other costs, of around S$145,375, the property development and investment company said in a filing to SGX after the market close.

Valuetronics

Valuetronics Holdings bought back 80,000 shares in the market at S$0.5231 each for a total consideration, including other costs, of around S$41,907, the electronics manufacturing services company said in a filing to SGX after the market close.

G.K. Goh Holdings

G.K. Goh Holdings bought back 79,600 shares in the market at S$0.92 each for a total consideration, including other costs, of around S$73,420, the company said in a filing to SGX after the market close. The repurchased shares will be canceled, the filing said.

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.

Pan-United Corp.

Pan-United Corp. bought back 113,100 shares in the market at S$0.439 each for a total consideration, including other costs, of around S$49,986, the concrete maker said in a filing to SGX after the market close.

OUE

OUE bought back 20,000 shares in the market at S$1.29 each for a total consideration, including other costs, of around S$25,839, the property developer said in a filing to SGX after the market close.

Global Investments

Global Investments Ltd. bought back 500,000 shares in the market at S$0.1533 each for a total consideration, including other costs, of around S$76,708, 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.

Cosmosteel Holdings

Cosmosteel Holdings bought back 300,000 shares in the market at S$0.143 to S$0.145 each for a total consideration, including other costs, of around S$43,531, the company said in a filing to SGX after the market close.

The company is a supplier and distributor of piping system components for the energy, marine and other industries in Southeast Asia.

TeleChoice International

TeleChoice International bought back 233,000 shares in the market at S$0.11906 each for a total consideration, including other costs, of around S$27,902, the provider of info-communications services said in a filing to SGX after the market close.

The company is a subsidiary of ST Telemedia, which invests in communications, media, data centers and infrastructure technology. ST Telemedia is wholly owned by Singapore’s state-owned investment company Temasek Holdings.

HRnetGroup

HRnetGroup bought back 28,900 shares in the market at S$0.7739 each for a total consideration, including other costs, of around S$22,433, the labour recruitment and staffing company said in a filing to SGX after the market close.

G.H.Y Culture & Media Holding

G.H.Y Culture & Media Holding bought back 45,000 shares in the market at S$0.51209 each for a total consideration, including other costs, of around S$23,097, the company said in a filing to SGX after the market close.

Intraco

Intraco Ltd. bought back 9,800 shares in the market at S$0.30 each for a total consideration, including other costs, of around S$2,944, the company said in a filing to SGX after the market close.

The company, which was incorporated as part of the portfolio of Singapore state-owned investment company Temasek Holdings, is mainly involved in trading plastic resins, providing passive fire-protection services, providing mobile radio infrastructure management and crane rental services.

BBR Holdings

BBR Holdings bought back 2,000 shares in the market at S$0.114 each for a total consideration, including other costs, of around S$228.58, the construction and specialized engineering company said in a filing to SGX after the market close.

Eurosports Global

Eurosports Global bought back 7,500 shares in the market at S$0.179 each for a total consideration, including other costs, of around S$1,386, 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.