Travelite Holdings’ founder acquires 1 million shares
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Thang Teck Jong, founder and executive chairman of Travelite Holdings, has acquired 1 million shares for $155,000, increasing his total ownership from 62.52% to 63.57%. He now holds 38.57 million shares, registered under nominee accounts, including Phillip Securities and UOB Kay Hian. Thang is also deemed interested in an additional 1,485,000 shares held by his spouse. The shareholding percentages are based on the company's total issued shares of 94,647,613, excluding treasury shares.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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