Insider and buyback transactions

Insider and buyback transactions for week ending 26 Dec: Asia Insider notes that buying declined while selling recovered last week. Buys: 12 companies made 14 purchases worth $3.1m vs. 25 companies, 49 purchases worth $6.76m Sells: 2 companies with 2 disposals worth $9.4m vs. nil sales by directors last week Buyback: 12 companies made 27 repurchases worth $10.2m, vs. 16 companies, 64 repurchases worth $64.5m. Notable transactions: - Keppel Corp: Made repurchases of 5.93m shares at $8.20 between 10-19 Dec, its first since 2000. Temasek bought 3m shares at $8.43 on 18 Dec. Temasek had previously disposed 1.32m shares on 5 Aug a $10.93. CEO Loh Chin Hua made his maiden on-market trade since the January appointment with 100,000 shares purchased on 15 Dec at $7.97. Chairman Lee Boon Yang purchased 100,000 shares on 11 Dec at $8.22. - Sarine Technologies: Bought back for the first time since Sep’12 with 500,000 shares purchased at $2.31. Independent director Chan Kam Loon bought 25,000 shares at $2.37, increasing his stake by 5% to 0.16% of issued capital. - Singapore Press Holdings: Bought back for the first time since Dec’13 with 500,000 shares purchased on 22 Dec at $4.17, slightly higher than the $3.98 price it paid for 2.5m shares purchased between Aug-Dec last year. CEO Alan Chan Heng Loon sold 100,000 shares on 20 Nov at $4.32. - A-Sonic Aerospace: Executive director Irene Tay Gek Lin recorded first on-market trades since Apr’2009 with 130,000 shares purchased at $0.065, on the back of a 31% drop in share price since July from $0.094. CEO Janet LC Tan bought 30,000 shares on 8 Dec at $0.072, boosting her direct stake to 364.2m shares or 50.88%. - Karin Technology Holdings: Chairman Philip Ng Yuk Wing resumed buying with 160,000 shares purchased at $0.30, on the back of a 16% price decline from $0.355 on 8 Dec. He previously acquired 10,000 shares on 18 Nov at $0.30.