Between Jan 11 and 16, EnGro Corporation : S44 0% chairman and CEO Tan Cheng Gay acquired 79,500 shares at S$0.81 per share.

 

This increased his total interest in the provider of building materials from 14.74 per cent to 14.81 per cent. His preceding acquisition was on Nov 22, with 20,000 shares acquired at S$0.75 per share.

 

Tan is a stalwart of the company, having been with EnGro Corporation since its inception.

 

He was appointed director in 1973 and has since served as the executive director to steer the strategic direction and vision of the group.

 

The group&rsquo s core business is manufacturing and distribution of building materials and specialty polymers. In addition, the Company is also an investment holding company.

EnGro Corporation S44 0.00% has disposed of its entire 40% equity interest in joint venture (JV) Tangshan Tanglong Materials for RMB40.8 million ($7.6 million).

 

On Jan 3, the company announced that the JV, which had an issued and paid-up share capital of RMB92 million, had been liquidated by way of members&rsquo voluntary liquidation.

 

The book value and net tangible asset value of the JV at the time of its liquidation on Nov 30 was RMB102.0 million, consisting of pure cash, although no valuation was conducted.

 

Based on its 40% interest in the JV, EnGro recorded a loss on disposal of some $680,000.

 

The proceeds, consisting of a capital repatriation of RMB36.8 million and a profit distribution net of withholding tax of RMB4 million, were satisfied wholly in cash and will be used to fund the company&rsquo s general corporate and working capital needs. 

On Nov 22, EnGro Corporation : S44 0% chairman and CEO Tan Cheng Gay acquired 20,000 shares at S$0.75 per share. This increased his total interest in the provider of building materials from 14.72 per cent to 14.74 per cent.

 

Tan is a stalwart of the company, having been with EnGro Corporation since its inception. He was appointed director in 1973 and has since served as the executive director to steer the strategic direction and vision of the group.

 

On Aug 26, EnGro Corporation : S44 0% chairman and CEO Tan Cheng Gay acquired 50,000 shares for a consideration of S$62,260. At an average price of S$1.25 per share, this increased his total interest in the leading provider of building materials from 14.68 per cent to 14.72 per cent. His preceding acquisition was on Nov 29, 2021, with 3,300 shares acquired at S$1.29 per share.

 

Tan is a stalwart of the company, having been with EnGro Corporation since its inception, and was appointed director in 1973. He has since served as the executive director and steers the strategic direction and vision of the group.

 

On Aug 11, EnGro Corporation reported its H1 2022 revenue grew 3.7 per cent to S$64.7 million compared to H1 2021, mainly due to the recovery of construction activities in Singapore and Malaysia.

 

On Aug 4, EnGro Corporation : S44 0% substantial shareholder Chua Wee Keng acquired 61,400 shares of the company at S$1.27 per share. With a consideration of S$78,217, this increased his direct interest in the company from 7.66 per cent to 7.71 per cent. Chua has gradually increased his interest in Engro Corporation from 7.39 per cent prior to Jun 1. EnGro is a leading provider of building materials, with more than 40 years of operational experience shaping landscapes in various parts of Asia. The group recorded a revenue of S$129.6 million in 2022, representing a 33.7 per cent increase from the S$96.9 million registered in 2020, boosted by a turnaround in the Singapore construction sector.

 

On Nov 15, EnGro Corporation EnGro: S44 -0.75% chairman and chief executive officer Tan Cheng Gay acquired 15,800 shares of the company for a consideration of S$20,466.

 

At an average price of S$1.30 per share, this increased his total interest in the leading provider of building materials from 14.66 per cent to 14.67 per cent.

 

This followed his acquisition of 37,000 shares at S$1.29 per share on Oct 28 and 20,500 shares at S$1.40 per share on Aug 17.

 

Tan is a stalwart of the company, having been with EnGro Corporation since its inception, and was appointed as director in 1973.

 

He has since served as the executive director and steers the strategic direction and vision of the group.

 

On Oct 28, EnGro Corporation EnGro: S44 0% chairman and chief executive officer Tan Cheng Gay acquired 37,000 shares of the company for a consideration of S$47,545.

 

At an average price of S$1.29 per share, this increased his total interest in the leading provider of building materials from 14.63 per cent to 14.66 per cent.

 

His preceding acquisition of 20,500 shares at S$1.40 per share was on Aug 17.

 

Tan is a stalwart of the company, having been with EnGro Corporation since its inception, and was appointed as director in 1973.

 

He has since served as the executive director and steers the strategic direction and vision of the group.

 

For its H1FY21 (ended Jun 30), EnGro Corporation' s revenue recovered with a 37.7 per cent year-on-year growth to S$62.4 million, with its key operating segments achieving better results in H1FY21 compared to same period the previous year, in addition to outperforming pre-Covid levels in 2019.

 

The company also noted that most of the joint ventures in China recorded stronger performance due to pent up demand.

 

EnGro Corporation is a leading provider of building materials, with more than 40 years of operational experience shaping landscapes in various parts of Asia.

 

On June 17, EnGro Corporation chairman and chief executive officer Tan Cheng Gay acquired 65,500 shares of the company for a consideration of S$93,665.

 

At S$1.43 per share, this increased his total interest in the leading provider of superior building materials from 14.53 per cent to 14.59 per cent.

 

Mr Tan is a stalwart of the company, having been with EnGro Corporation since its inception, appointed as director in 1973 and has since served as the executive director to steer the strategic direction and vision of the group.

 

On April 26, EnGro Corporation chairman and CEO Tan Cheng Gay acquired 50,000 shares of the company for a consideration of S$63,000.

 

At S$1.26 per share, this increased his total interest in the leading provider of superior building material from 14.49 per cent to 14.53 per cent.

 

Mr Tan is a stalwart of the company, having been with EnGro Corporation since its inception.

 

He was appointed as director in 1973 and has since served as the executive director to steer the strategic direction and vision of the group.