On May 30, Wilmar International : F34 0% chairman and CEO Kuok Khoon Hong increased his deemed interest in the global agri-business by 1,757,900 shares at an average price of S$3.10 per share. This increased his total interest from 13.98 per cent to 14.01 per cent. Kuok has been gradually increasing his total interest in Wilmar from 12.94 per cent in October 2022.

 

On May 30, Wilmar&rsquo s executive and non-independent director Teo La-Mei also acquired 10,000 shares at S$3.10 per share. This increased her direct interest to 1.75 million shares, which represents 0.03 per cent of the company. Teo is the group legal counsel and company secretary.

Between May 9 and 16, Wilmar International : F34 0% chairman and CEO Kuok Khoon Hong increased his deemed interest in the global agri-business by 4,041,000 shares. This increased his total interest from 13.85 per cent to 13.91 per cent.

 

HPRY Holdings, Longhlin Asia, Hong Lee Holdings and Jaygar Holdings each acquired 1,010,250 shares at an average price of S$3.16 per share. Kuok has been gradually increasing his total interest in Wilmar from 12.94 per cent in October 2022.

 

INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions through to May 16, with S$28.5 million of net institutional outflow, as 25 primary-listed companies conducted buybacks with a total consideration of S$32.5 million.

 

Leading the net institutional outflow over the five sessions were Seatrium : 5E2 0%, UMS Holdings : 558 0%, Singapore Airlines : C6L 0%, Mapletree Logistics Trust : M44U 0%, Wilmar International : F34 0%, DBS : D05 0%, AEM Holdings : AWX 0%, Jardine Matheson Holdings : J36 0%, Jardine Cycle & Carriage : C07 0% and City Developments : C09 0%.

 

Yangzijiang Shipbuilding : BS6 0%, Singapore Technologies Engineering : S63 0%, OCBC : O39 0%, Singtel : Z74 0%, Great Eastern : G07 0%, Riverstone : AP4 0%, UOB : U11 0%, CapitaLand Investment : 9CI 0%, Hongkong Land : H78 0% and Samudera Shipping Line : S56 0% led the net institutional inflow over the five sessions.

 

In the five trading sessions, almost 90 changes to director interests and substantial shareholdings were filed for nearly 50 primary-listed stocks. Directors or chief executive officers filed 22 acquisitions and three disposals substantial shareholders filed 10 acquisitions and seven disposals.