Director interests, buybacks and capital formation across SGX stocks

Over the five sessions from Aug 21 to 27, close to 90 director interests and substantial shareholdings were filed for around 40 primary-listed stocks, including acquisitions and disposals by CEOs and directors. Additionally, 17 primary-listed companies conducted buybacks totaling S$46 million, led by UOB, Keppel, and Singtel. Frencken announced a proposed placement of 44.08 million new shares at S$2.2687 a share, raising gross proceeds of S$100 million, with 90% of the net proceeds allocated to business expansion, manufacturing capacity, and strategic investments.

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