Raffles Medical CEO tightens grip with $0.99 share sweep
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Dr. Loo Choon Yong, CEO of Raffles Medical Group Ltd, has increased his stake in the company by purchasing 159,100 shares at $0.99 each, raising his total interest to 56.29%. This acquisition brings his direct shareholding to 251.92 million shares, which is 13.69% of the total ordinary voting shares. His deemed interest includes shares held through Raffles Medical Holdings Pte Ltd, where he is a director and shareholder.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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