Daily BriefsSingapore

Daily Brief Singapore: Lincotrade & Associates Holdings and more

In today’s briefing:

  • Singtel Tops Buybacks; Soon Hock & Engro Chairs Boost Stakes; Sanli Eyes Growth with Placement


Singtel Tops Buybacks; Soon Hock & Engro Chairs Boost Stakes; Sanli Eyes Growth with Placement

By Geoff Howie

  • Institutions were net sellers of Singapore stocks from Nov 21 to Nov 27, with a S$552 million outflow.
  • Engro Corporation Chairman Tan Cheng Gay increased his interest to 25.01% by acquiring 11,870,000 shares at S$0.725 each.
  • Sanli Environmental proposed a placement of up to 38,492,404 shares at S$0.260 each, raising up to S$10,008,025.

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