Shares Buyback

SGX insider/ buyback week ending 21st Nov: Insider Buys: 22 Companies recorded 41 purchases worth $16.5m, vs. previous week’s 9 companies, 14 purchases worth $1.83m Insider Sells: 2 firms with 3 disposals at $2.95m, vs. 2 previous week’s 2 companies worth $640,000 Coy Buyback: 14 companies posting 77 repurchases worth $63.3m, vs. 12 companies, 37 repurchases worth $22.5m. Key transactions: Osim – Buybacks (283,000 shares at $1.98) and initial filing by The Capital Group Companies (1.88m shares at $1.95/share). Pan-United – Share buyback and insider trade (by deputy chairman Patrick Ng) transacted 4.4m shares at average of $0.853 Karin – Executive chairman Philip Ng bought 10,000 shares at $0.30 Gaylin – CEO Desmond Teo bought 950,000 shares at average of $0.59 Haw Par Corp – Chairman Wee Cho Yaw bought 1.2m shares at $8.50 City Dev – Aberdeen bought 465,000 at $9.49, lower than its May sale price. ST Eng – Temasek bought 3.4m at $3.46, higher than March sale price.