Hotung Investment (SGX:BLS) bought back 20,000 shares in the open market on Monday for SG$34,065, or SG$1.7 per share, according to a same-day filing with the Singapore Exchange.
The venture capital investment company can repurchase around 9.5 million shares under its existing repurchase mandate.
Frencken Group (SGX:E28) issued 170,000 shares following the exercise of options granted under the employees' share option scheme at an exercise price of SG$1.30 apiece, according to a Monday filing with the Singapore Exchange.The new shares were listed and quoted on Monday, the filing added.
Keppel (SGX:BN4) bought back 70,000 shares in the open market on Monday for about SG$767,035, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased nearly 7 million shares under its existing buyback mandate.
New solar installations in China declined for a fourth straight month in April, Bloomberg reported Monday, citing data from the Naitonal Energy Administration.Solar capacity was at 9.52 gigawatts in April, higher than the 8.91 gigawatts seen in March, but down from 45.22 gigawatts in the year-ago period.Weakened domestic demand helped drag installations, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)