XMH's Chairman and Managing Director, Tan Tin Yeow, demonstrated continued confidence in the company by purchasing an additional 15,000 shares on 7 January 2026, at $1.53 per share for a total of $22,950. This transaction increased his stake from 64.72% to 64.73%.
The relatively modest size of this purchase likely reflects the stock's limited liquidity rather than a lack of conviction. Given his already substantial majority holding and the constraints of available shares, this insider buying suggests that Mr. Tan would likely acquire more if market conditions permitted.
For existing and prospective investors, this insider activity represents a meaningful vote of confidence. When a chairman with deep operational knowledge continues to increase their position—even incrementally—it often signals positive expectations for the company's future performance. Investors may wish to consider this as a potential indicator for maintaining or building their positions in XMH.
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