Tianjin Pharmaceutical Da Ren Tang’s parent adds to Singapore-listed stake, plans further buys

SGX Filings
Feb 05

Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited said its controlling shareholder, Tianjin Pharmaceutical Holdings (TPH), lifted its interest in the company through a market purchase on the Singapore Exchange on Feb, 04 2026.

TPH’s wholly owned unit, JinYao Global Pte. Ltd., bought 82,200 S-shares at an average price of about US$2.96 each, spending roughly 0.33 million Singapore dollars. The purchase increased TPH’s holding to 331.20 million shares, or 43.008% of the drug maker’s enlarged share capital, from 42.997% previously.

JinYao Global plans to acquire additional S-shares of up to 1% of the company’s issued capital within six months, with any purchase price capped at US$4.00 a share. Total spending under the plan, including the recent transaction, is expected to be between about 2.7 million and 5.5 million Singapore dollars.

The buyer will use internal funds for the purchases and has pledged not to sell any existing holdings during the programme. The company said the transactions will not affect its public float, listing status or control structure, but cautioned that market conditions could affect the pace or outcome of the buy plan.

Shareholders and potential investors were advised to exercise caution when dealing in the shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10