SG Talk

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

(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.

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....

Muddy finger liao la him...

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

(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