SG buybacks Tuesday: Wilmar, Keppel, OCBC, Oxley, SHS, Hong Fok

OCBC Bank outlet in Johor Bahru in MalaysiaOCBC Bank outlet in Johor Bahru in Malaysia

Singapore companies announcing share buybacks on Tuesday, 21 June 2022: OCBC, Wilmar International, Keppel Corp., Oxley Holdings, Hong Fok Corp., SHS Holdings, Cosmosteel Holdings, G.K. Goh Holdings, ST Group Food Industries Holdings, Valuetronics Holdings, Intraco Ltd., HRnetGroup and OUE Ltd.

Wilmar International

Wilmar International bought back 1,483,500 shares in the market at S$4.01 each for a total consideration, including other costs, of around S$5.96 million, the agri-business company said in a filing to SGX after the market close.

Keppel Corp.

Keppel Corp. bought back 519,000 shares in the market at S$6.62 to S$6.67 each for a total consideration, including other costs, of around S$3.46 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$11.49 each for a total consideration, including other costs, of around S$2.3 million, the bank said in a filing to SGX after the market close.

Hong Fok Corp.

Hong Fok Corp. bought back 350,000 shares in the market at S$0.97 each for a total consideration, including other costs, of around S$340,554, the property development and investment 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 350,000 shares in the market at S$0.159 to S$0.161 each for a total consideration, including other costs, of around S$56,144, the property developer said in a filing to SGX after the market close.

Valuetronics

Valuetronics Holdings bought back 100,000 shares in the market at S$0.525 each for a total consideration, including other costs, of around S$52,574, the electronics manufacturing services company said in a filing to SGX after the market close.

Cosmosteel Holdings

Cosmosteel Holdings bought back 255,000 shares in the market at S$0.144 to S$0.145 each for a total consideration, including other costs, of around S$37,163, 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.

OUE

OUE bought back 20,000 shares in the market at S$1.295 each for a total consideration, including other costs, of around S$25,939, the property developer said in a filing to SGX after the market close.

G.K. Goh Holdings

G.K. Goh Holdings bought back 22,200 shares in the market at S$0.92 each for a total consideration, including other costs, of around S$20,476, 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.

ST Group Food Industries Holdings

ST Group Food Industries Holdings bought back 122,000 shares in the market at S$0.116 to S$0.118 each for a total consideration, including other costs, of around S$14,322, 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.

HRnetGroup

HRnetGroup bought back 19,000 shares in the market at S$0.7741 each for a total consideration, including other costs, of around S$14,752, the labour recruitment and staffing company said in a filing to SGX after the market close.

Intraco

Intraco Ltd. bought back 30,000 shares in the market at S$0.305 each for a total consideration, including other costs, of around S$9,164, 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.