Buyback Consideration Notches Higher; ISOTeam CEO Increases Stake

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Institutional Flows

Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with a net institutional outflow of S$151 million. This followed S$18 million of net outflow over the preceding five sessions, and brings the net institutional outflow for the 2025 year to Mar 27 to S$1.6 billion.

Stocks with Highest Net Institutional Outflow

The stocks with the highest net institutional outflow were UOB, Singtel, DBS, OCBC, Singapore Technologies Engineering, Genting Singapore, Venture Corporation, Frasers Centrepoint Trust, CapitaLand Integrated Commercial Trust, and Singapore Exchange.

Stocks with Highest Net Institutional Inflow

Meanwhile, Yangzijiang Shipbuilding led the net institutional inflows, followed by CapitaLand Ascendas Reit, Sembcorp Industries, Paragon Reit, ParkwayLife Reit, ComfortDelGro Corporation, Singapore Airlines, UOL Group, Yangzijiang Financial Holding, and CapitaLand Investment.

Sector-wise Net Institutional Inflow/Outflow

From a sector perspective, Singapore real estate investment trusts and industrials experienced the highest net institutional inflow, while financial services had the most net institutional outflow.

Trading Activity

Stocks whose trading turnover notched higher included Envictus International Holdings, SIA Engineering Co, Pacific Century Regional Developments, Mandarin Oriental International, China Sunsine Chemical Holdings, DFI Retail Group Holdings, OKH Global, Hong Leong Asia, Keppel Pacific Oak US Reit, and Nam Cheong.

Mandarin Oriental International

Mandarin Oriental International’s share price declined from US$1.77 to US$1.75 over the five sessions. On Mar 5, the hotel investment and management group reported that its FY2024 revenue increased 13 per cent from the year before to US$2.1 billion.

Share Buybacks

During the five sessions, 16 primary-listed companies conducted buybacks with a total consideration of S$61 million, more than double the S$29.8 million for the preceding five sessions.

Venture Corporation

Venture Corporation bought back 203,000 shares at an average price of S$12.51. With the release of its FY2024 results on Feb 21, the company announced it would accelerate its share buyback plan.

Director Transactions

About 30 director interests and substantial shareholdings were filed for 18 primary-listed stocks during the five trading sessions. Directors or chief executive officers filed four acquisitions and no disposals, while substantial shareholders filed one acquisition and five disposals.

Centurion Corporation

On Mar 27, Centurion Corporation executive director and joint chairman David Loh acquired 100,000 shares via a market transaction at S$1.19 a share. This increased his direct stake from 9.12 per cent to 9.13 per cent.

ISOTeam

Between Mar 20 and 21, ISOTeam executive director and CEO Anthony Koh acquired 1.9 million shares at an average price of S$0.076 a share. This increased his total interest from 22.1 per cent to 22.52 per cent.

Conclusion

The article highlights the institutional flows and trading activity in the Singapore stock market. It also provides information on share buybacks, director transactions, and sector-wise net institutional inflow/outflow.

FAQs

Q: What is the net institutional outflow for the 2025 year to Mar 27?
A: S$1.6 billion

Q: Which stocks had the highest net institutional outflow?
A: UOB, Singtel, DBS, OCBC, Singapore Technologies Engineering, Genting Singapore, Venture Corporation, Frasers Centrepoint Trust, CapitaLand Integrated Commercial Trust, and Singapore Exchange.

Q: Which sector experienced the highest net institutional inflow?
A: Singapore real estate investment trusts and industrials.

Angela Lee
Angela Lee
Director of Research

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