Over the five sessions, 100 director interests and substantial shareholdings were filed for more than 40 primary-listed stocks. Directors or CEOs reported 25 acquisitions and six disposals, while substantial shareholders recorded five acquisitions and 10 disposals. In addition, the five sessions saw 24 primary-listed companies conduct buybacks with a total consideration of S$55 million, led by Singapore Telecommunications, United Overseas Bank and Keppel. 1. $Stamford Land(H07.SI)$ & $SingShipping(S19.SI)$ Between 27 August and 2 September, Executive Chairman Ow Chio Kiat acquired 2,011,600 Stamford Land shares at an average price of S$0.47 per share and 1,712,600 Singapo
Keppel DC REIT Deal To Lift 2026 Secondary Fundraising Above S$4B
Secondary fundraising in Singapore totalled S$3.57 billion in the first eight months of 2026 and is on track to exceed S$4 billion with the inclusion of $Keppel DC Reit(AJBU.SI)$ 's S$625 million placement currently scheduled for 10 September. The five-year milestone reinforces the role of public equity markets in supporting listed companies beyond the IPO stage, with secondary fundraisings accounting for approximately 80% of the nearly S$90 billion raised through equity capital markets since the end of 2016. MU 03092026 Keppel DC REIT: Upsized S$625 Million Placement to Fund Japan Hyperscale Data Centre Acquisition Keppel DC REIT completed an upsized private placement to partially finance its acquisition of an 88.62% effective interest in two
Over the first eight months of 2026 (8M26), more than 70 primary-listed companies in Singapore collectively repurchased S$2.09 billion worth of shares on the open market, up from S$1.57 billion in 8M25 and S$855 million in 8M24. Companies repurchase shares to support employee compensation plans or deploy surplus capital more effectively. ACRA notes that buybacks can enhance key financial metrics such as Earnings per Share (EPS) and Return on Equity (ROE), take advantage of perceived undervaluation and reduce the overall cost of capital. 1. $Singtel(Z74.SI)$ Buyback activity in 2026 remained concentrated among the largest issuers, with $Singtel(Z74.SI)$ accounting for S$948.6 million, or ar
SGX August Review Sees STI Hit Record High as Developers and Earnings Leaders Drive Rotation
Two-thirds of the Singapore market reported semi-annual results in August, making earnings season the primary focus for investors. Beyond headline profit growth, investors assessed the resilience of companies to a mixed macro environment and the efficiency of their business operations at the micro level. Investors also focused on a more hawkish US rates environment, with rising Treasury yields and renewed expectations of higher-for-longer rates weighing on equity valuations. $NVIDIA(NVDA)$ 's results reinforced confidence in the durability of AI-related investment demand, while investors monitored further policy support measures from Beijing as Chinese growth concerns persisted, alongside developments in semiconductor trade restrictions and global
Over the five sessions, close to 90 director interests and substantial shareholdings were filed for around 40 primary-listed stocks. Directors or CEOs reported 22 acquisitions and four disposals, while substantial shareholders recorded seven acquisitions and seven disposals. In addition, the five sessions saw 17 primary-listed companies conduct buybacks with a total consideration of S$46 million, led by United Overseas Bank, Keppel and Singapore Telecommunications. 1. $Frencken(E28.SI)$ On 27 August, Frencken Group entered into a placement agreement with Maybank Securities as sole placement agent for a proposed placement of 44.08 million new shares at S$2.2687 per share to raise gross proceeds of S$100 million. The placement pri