Directors Increase Stakes, Including Aspial Lifestyle, Raffles Medical and Centurion

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May 25

Over the five sessions through to the 21 May close, 23 primary-listed companies conducted buybacks with a total consideration of S$183 million. Singapore Telecommunications led the buyback tally, with...

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Singapore Telecommunications led the buyback tally, with...</p>\n\n<a href=\"https://www.sgx.com/research-education/market-updates/20260525-directors-increase-stakes-including-aspial-lifestyle\">Source Link</a>\n\n</div>\n","source":"sgx_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Directors Increase Stakes, Including Aspial Lifestyle, Raffles Medical and Centurion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDirectors Increase Stakes, Including Aspial Lifestyle, Raffles Medical and Centurion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-25 00:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.sgx.com/research-education/market-updates/20260525-directors-increase-stakes-including-aspial-lifestyle><strong>SGX</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the five sessions through to the 21 May close, 23 primary-listed companies conducted buybacks with a total consideration of S$183 million. Singapore Telecommunications led the buyback tally, with...</p>\n\n<a href=\"https://www.sgx.com/research-education/market-updates/20260525-directors-increase-stakes-including-aspial-lifestyle\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BSL.SI","symbol_name":"莱佛士医疗","start_time":0,"source_url":"https://www.sgx.com/research-education/market-updates/20260525-directors-increase-stakes-including-aspial-lifestyle","article_id":"2638531063","we_media_id":null,"thumbnails":[],"rights":{"source":"sgx_stock","url":"https://www.sgx.com/research-education/market-updates/20260525-directors-increase-stakes-including-aspial-lifestyle","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2638531063","pubTimestamp":1779638400,"columns":[],"sourceInfo":{"source_id":"sgx_stock","name":"SGX"},"weMediaInfo":null,"summary":"Over the five sessions through to the 21 May close, 23 primary-listed companies conducted buybacks with a total consideration of S$183 million. Singapore Telecommunications led the buyback tally, with","collect":0,"end_time":0,"defaultTopTitle":"sgx.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BSL.SI":"莱佛士医疗","BK6512":"房地产股","BK6082":"工业房地产投资信托","BK6079":"制药","BWCU.SI":"运通网城","BK6506":"制药与医学研究概念","BK6511":"医疗保健服务概念","BK6092":"保健护理机构","1J5.SI":"凯帆药剂国际有限公司","8C8U.SI":"Cent Accom REIT","BK6133":"工业房地产信托","BK6142":"多户式住宅房地产信托"},"translate_title":"董事增持股份，包括Aspial Lifestyle、Raffles Medical和Centurion","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BWCU.SI":1.5,"1J5.SI":0.69,"BSL.SI":1.5,"8C8U.SI":1.5},"content_text":"Over the five sessions through to the 21 May close, 23 primary-listed companies conducted buybacks with a total consideration of S$183 million. Singapore Telecommunications led the buyback tally, with 25.5 million shares at an average price of S$4.76, purchased under the S$2 billion value realisation share buy-back programme on 21 May, Over the five sessions, 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks. Directors or CEOs reported 16 acquisitions and five disposals, while substantial shareholders recorded 10 acquisitions and three disposals. This included CEO or director acquisitions filed for Asian Pay Television Trust, A‑Sonic Aerospace, Aspial Lifestyle, Centurion Corporation, Ho Bee Land, Hyphens Pharma International, Megachem, Mermaid Maritime Public Company, Nera Telecommunications and XMH Holdings.Aspial Lifestyle: Chairman Adds to Stake on Retail and Lending GrowthNon-Executive Chairman, Koh Wee Seng, has increased his direct stake in Aspial Lifestyle, acquiring a total of 2,108,300 shares between 18 and 21 May at an average price of approximately S$0.419 per share.This lifted his direct interest from 9.94 per cent to 10.06 per cent, with his total interest increasing from 80.78 per cent to 80.87 per cent.The company has also launched an equity fund raising to raise gross proceeds of approximately S$84.8 million, comprising a private placement and preferential offering priced at S$0.402 per share, representing a discount of approximately 8.1 per cent to the prevailing volume-weighted average price.The transactions come amid continued earnings growth, with FY25 (ended 31 Dec) revenue rising 41.3 per cent to S$830.1 million and profit before tax reaching S$102.5 million, supported by strong performance across its retail, pawnbroking and secured lending segments. Retail remains the group’s core driver, contributing 87.5 per cent of revenue, while pawnbroking and secured lending continue to benefit from expanding pledge books and portfolio growth.Momentum into 2026 has also strengthened, with the group’s 1QFY26 Business Update, expecting revenue of approximately S$247 million and profit before tax of S$40 million, representing growth of 48 per cent and 140 per cent respectively year on year, supported by sustained demand across its portfolio and continued expansion in Malaysia.The group is also evaluating capital raising initiatives to position for growth opportunities in the pawnbroking and secured lending segments and to enhance capital structure flexibility, while maintaining a cautious stance given macroeconomic and commodity volatility.Raffles Medical: Chairman Increases Stake, Maintains Focus on China Expansion and Capital ManagementChairman Dr Loo Choon Yong has increased his direct stake in Raffles Medical Group, acquiring 522,000 shares at S$0.95 per share on 18 May 2026. This lifted his direct interest to 252,445,223 shares, with his total interest now representing 56.31 per cent of the company. Management continues to focus on growth drivers through expansion in China across Beijing, Shanghai and Chongqing, addressing domestic patient demand. The Group maintains a disciplined approach, focusing on defined service segments, cost management and partnerships with leading public hospitals to support patient volumes and service uptake.Capital management also remains a key focus, with a FY25 final dividend of 3.0 Singapore cents per share representing approximately 84 per cent of sustainable earnings, alongside ongoing share buybacks. Centurion: Director Increases Stake Amid Strong Occupancy and Rental GrowthNon-Executive Director and Joint Chairman, Han Seng Juan, has increased his direct stake in Centurion Corporation, acquiring 247,800 shares at S$1.46 per share on 18 May. This lifted his direct interest to 15.36 per cent, with his total interest now representing 44.36 per cent of the company.The increase comes alongside continued operating momentum, with 1QFY26 revenue rising 30 per cent year on year to S$89.4 million, supported by high occupancies and rental reversions across its purpose-built worker and student accommodation assets. The group continues to scale its living sector platform, with approximately S$3.0 billion in assets under management across 81,388 beds in five countries, supported by income streams from owned assets, management services and CAREIT-related income.Ho Bee Land: Deemed Interest Edges Higher Amid Portfolio RepositioningOn 20 May, Executive Chairman Chua Thian Poh’s deemed interest increased following market purchases of 50,000 shares by his spouse and 93,600 shares by Ho Bee Holdings (Pte) Ltd, for a combined 143,600 shares at approximately S$2.03 per share. Following these transactions, his deemed interest increased from 75.72 per cent to 75.74 per cent.At the recent AGM, management highlighted ongoing portfolio repositioning initiatives, including plans to redevelop 1 St Martin’s Le Grand and enhancement work at 67 Lombard Street. The Group also reiterated its approach to balancing reinvestment, debt reduction and shareholder returns, with a general dividend payout range of 20 per cent to 50 per cent of profit (excluding non-cash items), alongside a final dividend of S$0.05 per share for FY25 (ended 31 Dec).XMH Holdings: Director Continues to Add to Stake Amid Healthy OrderbookChairman and Managing Director, Tan Tin Yeow, has increased his stake in XMH Holdings acquiring 119,100 shares across transactions on 15 May and 18 May 2026 at approximately S$2.27 per share, lifting his interest from 66.05 per cent to 66.16 per cent.Tan founded the group’s distribution arm and secured its exclusive distributorships, and continues to oversee strategy, corporate planning and business development.XMH Holdings reported its 1HFY26 (ended 31 Oct) revenue increased 40.5 per cent to S$93.95 million and profit after tax increased 23.0 per cent to S$15.50 million, driven by growth across all segments. Since the report, Tan has increased his interest from 64.18 per cent The group also noted that a healthy order book continues to provide visibility into 2HFY26.Hyphens Pharma: Chairman Adds to Stake on Continued Earnings and Margin ImprovementExecutive Chairman and Chief Executive Officer, Lim See Wah, has increased his stake in Hyphens Pharma International, acquiring 280,000 shares across transactions on 18 May and 19 May, at an average price of approximately S$0.322 per share. This lifted his total interest from 47.90 per cent to 47.99 per cent.Lim holds his deemed interest through Inomed Holding Pte Ltd, reinforcing his position as the controlling shareholder.The acquisitions follow improved financial performance in FY25 (ended 31 Dec), with the group delivering higher gross profit and achieving its highest gross profit margin to date, supported by product mix optimisation and growth in its pharmaceutical and medical aesthetics segment. Management has also outlined a continued focus on expanding proprietary brands, strengthening its core pharmaceutical platform and improving operational efficiency, with growth supported across Singapore and regional markets.A‑Sonic Aerospace: CEO Increases StakeChief Executive Officer Janet LC Tan increased her direct stake in A‑Sonic Aerospace through open market purchases of 175,000 shares at a weighted average price of approximately S$0.581 per share between 12 May and 15 May 2026.This lifted her direct interest to 66,338,000 shares, representing 65.87 per cent of the company. The increase consolidates her majority stake alongside ongoing share buybacks by the company.Management continues to focus on operational efficiency, digitalisation and strategic partnerships to enhance resilience and long-term growth, following a 15.6 per cent year-on-year increase in FY25 (ended 31 Dec) profit before tax to US$4.204 million.TOTM Technologies Placement to Fund AI ExpansionTOTM Technologies announced on 18 May a proposed placement of up to 220.5 million new shares at S$0.025 each, raising gross proceeds of about S$5.5 million. SAC Capital is the placement agent with Maybank Securities the sub-placement agent. The new shares represent 14.5 per cent of the existing share base and 12.7 per cent post-enlargement, implying measured dilution with no transfer of control. The placement is undertaken primarily to expand the Group’s business in emerging technology sectors, including funding for its TOTM.AI initiative, while also providing capital for acquisitions, investments and joint ventures. Management has stated that existing resources are sufficient for current needs, which positions the raise as growth oriented. Proceeds will be deployed mainly toward technology expansion, with the balance allocated to working capital, supporting the Group’s transition into artificial intelligence, blockchain and digital infrastructure capabilities while maintaining operational flexibility. Bank of America Crosses 5% in AEM via Prime Brokerage PositioningA filing on 19 May shows that Bank of America Corporation, through its wholly owned subsidiary NB Holdings Corporation, increased its deemed interest in AEM Holdings from 4.73 per cent to 5.31 per cent following a change on 15 May.The increase of 1,843,198 shares reflects positioning through prime brokerage activities, where Merrill Lynch International and BofA Securities retain rights to rehypothecate client shares, alongside a small disposal of 23,400 shares held in principal capacity.The interest remains fully deemed with no direct holding at the parent level and is aggregated across wholly owned subsidiaries including BofAML Jersey Holdings and Merrill Lynch International.Share Buybacks by Primary-listed Companies by way of Market Acquisition (May 15 to May 21) Number of Shares/Units Purchased Buyback Consideration (incl stamp duties & clearing charges) S$   Avg price paid per share S$SINGAPORE TELECOMMUNICATIONS 25,500,000$121,275,662$4.76KEPPEL 2,400,000$24,951,016$10.40UNITED OVERSEAS BANK 368,000$13,817,857$37.55OVERSEA-CHINESE BANKING CORPORATION 447,300$10,234,436$22.88GENTING SINGAPORE 7,730,200$4,580,695$0.59CSE GLOBAL 2,000,000$3,157,097$1.58FOOD EMPIRE HOLDINGS 500,000$1,528,818$3.06COMFORTDELGRO CORPORATION 1,022,000$1,320,104$1.29SINGAPORE EXCHANGE 47,200$989,054$20.95HONG FOK CORPORATION 688,400$678,724$0.99HOTUNG INVESTMENT HLDGS 117,900$201,297$1.71TELECHOICE INTERNATIONAL 600,000$152,675$0.25FRASER AND NEAVE 98,300$141,068$1.44HONG LAI HUAT GROUP 1,150,000$98,913$0.09OXLEY HOLDINGS 1,180,000$95,105$0.08BAKER TECHNOLOGY 180,900$89,730$0.50A-SONIC AEROSPACE 157,000$88,449$0.56KARIN TECHNOLOGY HLDGS 150,000$37,032$0.25ST GROUP FOOD INDUSTRIES HOLDINGS 120,000$13,895$0.12INTRACO 34,650$13,187$0.38ALLIANCE HEALTHCARE GROUP 50,600$7,839$0.15SARINE TECHNOLOGIES 12,000$2,434$0.20GHY CULTURE & MEDIA HOLDING CO 4,700$451$0.10Total44,559,150$183,475,537     Inside Insights is a weekly column on The Business Times, read the original version.Enjoying this read?Subscribe now to our SGX My Gateway newsletter for a compilation of latest market news, sector performances, new product release updates, and research reports on SGX-listed companies.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}