Accrelist executive chairman raises stake with 100,000 share purchase
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He increased his stake from 26.61% to 26.64%.Accrelist’s executive chairman and managing director, Terence Tea, raised his stake through the purchase of 100,000 shares via market transaction.The shares were acquired at $0.039 apiece.Following the acquisition, Tea’s stake in the company increased to 26.64% from 26.61%. Of this, he is deemed to be interested in 4.359 million shares held by his wife, Aileen Sim.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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