SINGAPORE (Jan 14): SingHaiyi Group has been actively buying back its own shares, which have persistently traded at a significant discount to their book value. It most recently purchased 583,800 shares on Jan 8 at an average price of 8.957 cents each. Since the start of the current share buyback mandate that took effect on July 26, 2018, SingHaiyi has bought back a total of more than 62.6 million shares.

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