To The Moon

Over the five sessions, more than 50 director interests and substantial shareholdings were filed. Across more than 30 primary-listed stocks, Directors or CEOs reported 11 acquisitions and three disposals, while substantial shareholders recorded six acquisitions and seven disposals.

1. $Low Keng Huat(F1E.SI)$

On January 14, Asdew Acquisitions acquired 43,542,000 shares of Low Keng Huat (Singapore) at an average price of S$0.773 apiece. This saw Alan Wang Yu Huei and Asdew Acquisitions become a substantial shareholder of Low Keng Huat (Singapore) with a 7.29% interest. Consistent Record also raised its offer price on Low Keng Huat from S$0.72 a share to S$0.78 last week.

2. $Lincotrade(BFT.SI)$

Between January 12 and 13, Lincotrade & Associates Holdings substantial shareholder and chief operating officer Tan Chee Khoon increased his direct interest from 15.92% to 16.75%. The 1,505,300 shares were acquired at S$0.21 apiece. He has gradually increased his direct interest from 13.21% in October 2022. 

3. $QAF(Q01.SI)$

QAF Holdings Joint group managing director and executive director Lin Kejian has filed a series of acquisitions from January 7 to January 13, increasing his total interest from 39.25% to 39.44%. The shares were acquired at an average price of S$0.92 apiece. 

4. $XMH(BQF.SI)$

Between Jan 7 and 13, XMH Holdings chairman and managing director Tan Tin Yeow acquired 515,000 shares at an average price of S$1.50. This increased his direct interest to 64.72%, from 65.19%. This followed his acquisition of shares between January 5 and 6.

5. $JEP(1J4.SI)$

Between January 13 and 14, JEP Holdings executive chairman and chief executive officer Andy Luong acquired 384,600 shares at an average price of S$0.275 per share. 

This took his total interest in the Catalist-listed provider of precision machining and engineering services from 79.55% to 79.64%. Mr Luong holds 14.04% of the issued share capital of UMS Holdings, which in turn holds 79.55% of the issued share capital of the company. 

6. $ASTI(575.SI)$

ASTI Holdings has remained focused on rebuilding its financial position following the substantial losses recorded in the last financial year. It announced on January 9 that it has entered into a Placement Agreement with SAC Capital for the proposed placement of up to 128 million new ordinary shares at an issue price of S$0.025 per share.

The Placement Shares represent approximately 19.55% of the existing issued and paid‑up share capital of the Company comprising 654,731,486 shares in issue and will represent approximately 16.35%t of the enlarged number of issued Shares upon completion of the Proposed Placement. 

7. $MoneyMax Fin(5WJ.SI)$  

MoneyMax Financial Services (MoneyMax) a leading financial services provider and trader of luxury products in Southeast Asia, announced on January 14 that it has made an application to the SGX-ST to transfer its listing from Catalist to the Mainboard.

Since its Catalist listing in 2013, the Group has delivered sustained growth, a strong operating track record and increasing scale, achieving an average annualised total return of 13%. Price gains in 2025 significantly boosted long‑term returns, while average daily turnover surged nine‑fold over the year, while its P/E ratio almost doubled to 9x. 

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

• 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

• How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.