Back 14 Sep 2026

Insider buying broadens while Keppel, UOB lead buybacks

Skylink: CEO ups stake following cold chain logistics investment

On Sep 9, Shen Wende, CEO and executive director of Skylink Holdings, bought 140,000 shares through an on-market transaction for a total consideration of S$27,946, at average price of S$0.20 per share. The purchase increased his direct interest from 400,000 shares to 540,000 shares, while his total interest in the company increased from 62.84 per cent to 62.89 per cent.

Skylink Holdings operates vehicle leasing, engineering and credit financing businesses in Singapore, with a fleet comprising passenger vehicles, commercial vehicles and specialised equipment. The group serves customers across logistics, transportation and infrastructure-related industries.

In August, Skylink announced that it had invested more than S$3 million in a new temperature-controlled logistics fleet, and secured its maiden three-year leasing contract worth more than S$2.2 million from a leading multinational food supply chain and logistics operator. The contract is expected to commence progressively from October to December 2026, and is anticipated to contribute positively to the group’s leasing business over the contract period.

Kin Global: Co-founders raise collective shareholding

Between Aug 25 and Sep 4, the four co-founders of Kin Global collectively purchased 726,000 shares on the open market for approximately S$135,160 at a volume-weighted average price of S$0.186 per share. The purchases increased their collective interest in the company from 138.47 million shares, representing 71.01 per cent of the issued share capital, to 139.19 million shares, representing 71.38 per cent.

The acquisitions were made by Ko Chee Wah, executive chairman; Vincent Chai, executive director and chief executive officer; Adrian Tan, chief commercial officer; and Clement Tan, chief operating officer; in their personal capacities. The company noted that the additional purchases increased the co-founders’ personal economic exposure to the group as they continue to execute its post-listing growth strategy.

Listed on Catalist in April 2026, Kin Global said the latest purchases reflect the co-founders’ confidence in the group’s fundamentals and growth ambitions within the broader events tourism industry. The purchases followed the successful delivery of the inaugural PPA Asia 500 Leapmotor Singapore Open in July and the recent award of a multi-year contract through an open tender for sports-related activities.

Management added that its focus remains on scaling growth through intellectual property ownership, a more integrated business model and selective merger and acquisition opportunities

https://www.businesstimes.com.sg/companies-markets/insider-buying-broadens-while-keppel-uob-lead-buybacks