Over the five trading sessions from Nov 7 to Nov 13, institutions were net buyers of Singapore stocks, with net institutional inflow of S$236 million, reversing the previous week’s net outflow of S$96 million.  Institutional Flows Stocks that saw the highest net institutional inflow over the five sessions Oversea-Chinese Banking Corporation, Singtel, Genting Singapore, UOL Group, Yangzijiang Shipbuilding Holdings, Sembcorp Industries, Jardine Matheson Holdings, Wilmar International, Sheng Siong Group, and Keppel REIT. Meanwhile, DBS Group Holdings, United Overseas Bank, Mapletree Industrial Trust, Singapore Tech Engineering, UMS Integration, Yangzijiang Financial Holding, ParkwayLife REIT, iFAST Corporation, City Developments, and CapitaLand Investment led the net institutional outflow over the five sessions. This saw Financial Services and Telecommunications book the most net institutional inflow for the week, while REITs and the Technology Sector led the net institutional outflow. Share BuybacksFor the five sessions through to Nov 13, 11 primary-listed companies conducted buybacks with a total consideration of S$56.5 million. United Overseas Bank again led the consideration tally, buying back 1,071,900 of its shares at an average price of S$33.95.  Director TransactionsOver the five trading sessions, 60 director interests and substantial shareholdings were filed. Across close to 50  primary-listed stocks, Directors or CEOs reported six acquisitions and seven disposals, while substantial shareholders recorded four acquisitions and four disposals. Fuxing ChinaOn Nov 12, Fuxing China Group announced it had completed its placement of 3 million new shares at S$0.415 each, raising S$1.245 million. It intends to use the placement proceeds to invest in Research &amp; Development and upgrade its intelligent manufacturing equipment and assembly line. The placement also aims to broaden the shareholder base and improve trading liquidity. Heading into 2026, to navigate the global macroeconomic environment, the Group noted in August, it will focus on expanding its customer base, tightly managing expenses and receivables, and maintaining healthy working capital, also supported by proceeds from a subsidiary disposal completed on Aug 14. Wing Tai HoldingsWing Tai Holdings chairman and managing director Cheng Wai Keung continued to build his deemed interest in the company, through his spouse Helen Chow acquiring shares. From Nov 7 through to Nov 13, Mr Cheng increased his deemed interest in the leading real estate developer and lifestyle retailer by 360,000 shares. He maintains a 62.19 per cent total interest in the company, up from 61.64 per cent at the end of 2024.   Reclaims GlobalOn Nov 10, Executive Director and CEO Tan Kok Huat acquired 150,000 shares at an average price of S$0.399 per share. This increased his direct stake from 33.52 per cent to 33.62 per cent. Mr Tan has been Executive Director since October 2018 and CEO since September 2021, responsible for the Group’s strategy and project execution. He co-founded Reclaims Enterprise and has been key to the Group’s growth in the construction industry since the 1990s. Prior to the acquisition, Reclaims Global announced that between July and October 2025, it secured 10 new contracts worth S$10.3 million. The Group detailed that with service durations of between 3 months to 18 months, the new contracts are expected to have a positive impact on the net tangible assets and earnings per share of the Group throughout the duration of these contracts, barring any unforeseen circumstances. The Group was also reappointed as a JTC demolition contractor for three years, with a renew option for another two years. In October, the Catalist-listed eco-friendly construction services provider in Singapore also completed a placement of 20 million shares at S$0.39 each, raising more funds than its March 2019 IPO. Prominent institutional funds and investors that subscribed for the placement shares included Lion Global Investors Limited (as investment manager for and on behalf of its clients), Asdew Acquisitions Pte Ltd, ICH Synergrowth Fund, and the Ginko-AGT Global Growth Fund. CapitaLand China TrustOn Nov 6, CapitaLand China Trust non-executive independent director Chua Keng Kim acquired 50,000 units at an average price of S$0.79 each. This followed Mr Chua buying 500,000 units at S$0.79 between Oct 30 and Nov 5 and takes his total interest to 0.03 per cent. CapitaLand China Trust has also been actively engaging investors this month. The REIT highlights that its portfolio is highly diversified across retail, business parks, and logistics parks, with the top 10 tenants accounting for less than 9 per cent of total rental income—effectively reducing concentration risk. Lease expiry profiles and tenant retention rates also remain stable, as the retail, business park,  and logistics park segments maintaining respective weighted average lease expiries by net lettable area at 3.5, 1.9, and 2.9 years, alongside strong renewal rates. Additionally, these assets are strategically located across major Chinese cities, supported by high committed occupancy levels and robust valuations, which together reinforce the portfolio’s overall resilience. Audience AnalyticsBetween Nov 6 and 7, Audience Analytics chairman and managing director William Ng acquired 201,100 shares, increasing his total interest from 83.71 per cent to 83.80 per cent. Since Aug 26, he has increased his interest in Catalist-listed stock from 83.58 per cent. Audience Analytics also noted in August that although revenue declined in 1HFY25 (ended June 30), the period is typically weaker, and the Group expects stronger performance in 2HFY25 with major events scheduled. During its 1HFY25, the Group launched the Vietnam Career &amp; Training Fair and invested in Snowball JSC and VeecoTech to strengthen regional presence and digital capabilities. Despite geopolitical uncertainties and tariff disputes, the Group remains focused on organic and inorganic growth, leveraging its strong brands to buffer against disruptions. United Overseas BankOn Nov 6, UOB deputy chairman and CEO Wee Ee Cheong acquired 150,000 shares at an average price of S$33.76 per share. This raised his direct interest to 0.37 per cent, and total interest from 10.85 per cent to 10.86 per cent. His previous acquisition on the open market was on May 7 with 100,000 shares acquired at an average price of S$34.48 per share. The acquisition on Nov 6 followed the group providing a 3QFY25 (ended Sep 30) business update, with an operating profit of S$1.9 billion and continued franchise growth. Mr Wee highlighted the Group had proactively set aside general allowances to strengthen provision coverage, leveraging its robust capital base for resilience and flexibility. He added this was to ensure the Group can support customers, seize growth opportunities, and maintain share buybacks and dividend commitments without impacting this year’s final dividend. PSC Corporation On Nov 7, Executive Chairman Sam Goi Seng Hui acquired 150,200 shares at S$0.39 apiece. This increased his direct interest from 82.94 per cent to 82.96 per cent. On September 11, the mandatory conditional cash offer by UOB-Kay Hian, on behalf of Dr Goi, for all PSC Corporation shares closed with 39.56 per cent valid acceptances, bringing his aggregate holdings to 82.94 percent. Supported by a robust balance sheet and positive net cash position, PSC Corporation maintains that it is leveraging its established brand portfolio while actively pursuing new opportunities for sustainable growth. It notes that in 1H25, the consumer goods segment faced intense competition from global brands and retailer house brands, compounded by rising costs and geopolitical tensions. To remain resilient, the Group plans to invest in marketing, broaden its product range, and implement cost controls, while the Packaging Business focuses on managing credit exposure and enhancing efficiency amid excess capacity and price pressures. CapitaLand India TrustOn Nov 7, Aberdeen Group pls increased its deemed interest in CapitaLand India Trust (CLINT) from 6.96 per cent to 7.05 per cent. The 1.2 million units were acquired at S$1.22 apiece. This followed Aberdeen Group plc emerging as a substantial shareholder and subsequently crossing the 6.00 per cent threshold in July.  On Oct 31, CLINT provided a 3QFY25 (ended Sep 30) business update detailing 3QFY25 total property income and net property income each rose 10 per cent from 3QFY24, driven by higher contributions from existing assets and new developments. Portfolio occupancy remained stable with committed occupancy of 91 per cent as of Oct 31.  Jumbo GroupOn Nov 11, Kuang Ming Investments increased its substantial shareholding of Jumbo Group above the 11 per cent threshold from 10.95 per cent to 11.01 per cent. Thios followed Kuang Ming Investments increasing its substantial shareholding above the 10 per cent threshold on Sep 16. The prior session, Nov 10, saw Jumbo Group provide profit guidance, detailing it expects a significantly lower net profit for FY25 compared to FY24, mainly due to increased operating expenses including higher amortisation costs from new leases, with unaudited results to be announced by Nov 29. <table><tbody><tr><td>Share Buybacks by Primary-listed Companies by way of Market Acquisition (Nov 7 to Nov 13)</td><td>Number of Shares/Units Purchased </td><td>Buyback Consideration (incl stamp duties &amp; clearing charges) S$   </td><td>Avg price paid per share S$</td></tr><tr><td>UNITED OVERSEAS BANK </td><td>1,071,900</td><td>36,388,231.81</td><td>33.95</td></tr><tr><td>SINGAPORE TELECOMMUNICATIONS </td><td>2,292,300</td><td>10,799,337.98</td><td>4.71</td></tr><tr><td>SINGAPORE TECHNOLOGIES ENGINEERING </td><td>500,000</td><td>4,335,613.58</td><td>8.67</td></tr><tr><td>KEPPEL </td><td>250,000</td><td>2,541,985.74</td><td>10.17</td></tr><tr><td>SEMBCORP INDUSTRIES </td><td>170,000</td><td>1,078,221.25</td><td>6.34</td></tr><tr><td>RAFFLES MEDICAL GROUP </td><td>610,000</td><td>610,797.88</td><td>1.00</td></tr><tr><td>17LIVE GROUP </td><td>460,000</td><td>511,134.66</td><td>1.11</td></tr><tr><td>CHUAN HUP HOLDINGS </td><td>963,900</td><td>220,957.74</td><td>0.23</td></tr><tr><td>CSC HOLDINGS </td><td>2,000,000</td><td>36,114.17</td><td>0.02</td></tr><tr><td>SARINE TECHNOLOGIES </td><td>35,000</td><td>10,609.20</td><td>0.30</td></tr><tr><td>INTRACO </td><td>15,400</td><td>5,706.69</td><td>0.37</td></tr><tr><td>G.H.Y CULTURE &amp; MEDIA HOLDING CO</td><td>2,900</td><td>498.23</td><td>0.17</td></tr><tr><td>Total</td><td>8,371,400</td><td>56,539,208.93</td><td> </td></tr></tbody></table> Inside Insights is a weekly column on The Business Times, read the original version.Enjoying this read?<ul><li>Subscribe now to our SGX My Gateway newsletter for a compilation of latest market news, sector performances, new product release updates, and research reports on SGX-listed companies.</li><li>Stay up-to-date with our SGX Invest Telegram channel.</li></ul>

Tan Kok Huat, CEO of Reclaims Global, increased his stake in the company by acquiring 150,000 shares, raising his direct stake from 33.52% to 33.62%. This move is part of broader corporate activities, including share buybacks and director transactions across several companies. Reclaims Global also secured new contracts worth S$10.3 million and completed a share placement, enhancing its financial position.

Tan Kok Huat, CEO of Reclaims Global, Boosts Stake