Fewer director filings as earnings season picks up

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Singapore Exchange, Stamford Land Corporation and Singapore Press Holdings led the consideration tally.With so many companies reporting full year results this earnings season, the five sessions spanning Jan 24 to 30 saw just 50 changes in director interests and substantial shareholdings filed for 25 primary-listed stocks.

This has also taken the total interest of KBEEL non-executive and non-independent chairman Francis Koh Keng Siang in KBEEL from 75.25 per cent to 78.08 per cent. The consideration of the acquisition totalled S$143,000 and took his stake in Cache Logistics Trust from 0.147 per cent to 0.166 per cent. On Dec 12, 2019, ARA Asset Management Ltd and LOGOS Group announced its venture to establish a best-in-class logistics and real-estate development and investment partnership within the Asia-Pacific region.

Mr Ong has gradually grown his total interest in the stock from 10.80 per cent on Nov 28, 2016 and 7.38 per cent at the end of 2014.On Jan 23, GL substantial shareholder GuoLine Overseas Ltd filed an increase in its deemed interest in the listed company.Transacted at an average price of S$0.79335 per share, this took GuoLine Overseas Ltd's deemed interest in GL from 69.01 per cent to 70.01 per cent.

 

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