Tycoon Oei Hong Leong buys into mainboard-listed A-Smart Holdings
#1

Ven Sreenivasan
Associate Editor
UPDATED 9 HOURS AGO


SINGAPORE – Tycoon Oei Hong Leong has emerged as a substantial shareholder of printing and recycling specialist A-Smart Holdings by buying a 20 per cent stake in the mainboard-listed company for around $5.37 million.

A-Smart announced after the close of trading on Thursday that Mr Oei had bought 29.8 million new placement shares at 18 cents apiece – a 50 per cent premium on the 12 cents volume-weighted average price of the stock on Tuesday, prior to its trading suspension.



https://www.straitstimes.com/business/ty...t-holdings
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#2

(09-12-2022, 08:12 AM)Levin Wrote:  Ven Sreenivasan
Associate Editor
UPDATED 9 HOURS AGO


SINGAPORE – Tycoon Oei Hong Leong has emerged as a substantial shareholder of printing and recycling specialist A-Smart Holdings by buying a 20 per cent stake in the mainboard-listed company for around $5.37 million.

A-Smart announced after the close of trading on Thursday that Mr Oei had bought 29.8 million new placement shares at 18 cents apiece – a 50 per cent premium on the 12 cents volume-weighted average price of the stock on Tuesday, prior to its trading suspension.



https://www.straitstimes.com/business/ty...t-holdings

golden fingers strike again.
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#3

Why bought so much higher than market? Must have some special arrangement to compensate.

Show he bought high to give confidence to pop up market price first. Then after that....
[+] 1 user Likes Sline's post
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#4

Muddy finger liao la him...
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#5

He lost his Midas touch
Can’t even save Raffles Education
But then Raffles Education now in a worst position after he left
Wonder who are the suckers holding the baby

Tampines & West Coast GRCs are there for the taking 
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#6

(09-12-2022, 08:36 AM)Sharexchange Wrote:  Muddy finger liao la him...


he kena conned by DBS of over 100 million couple years back i think...............in the news..........lost the lawsuit of course Cool
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