KSH (SGX:ER0) bought back 328,000 shares in the open market on Thursday for SG$78,943 or SG$0.24 apiece, a same-day filing with the Singapore Exchange said.
The company has been authorized to buy back up to 55.2 million shares under its current mandate. To date, it has repurchased 9.4 million shares.
Shares of the construction and property development company were down over 2% in recent trading.