Previously, on Sept 11, Tang Hong Cheong, the group’s managing director, had bought 95,000 shares at 91.6 cents each. That brought his total shareholding to 2.4 million shares, or 0.18%.
SINGAPORE (Dec 2): The controlling shareholder of GL has increased its stake in the investment holding company. On Nov 19, GuocoLeisure Asset, an entity held by the Quek family, bought 367,000 shares at 78.5 cents each. This brings its stake in the company from 943,669,134 shares to 957,010,134 shares, or 69.95%.
Quek Leng Chan, the head of the family, holds a personal direct stake of 735,000 shares. With the purchases on Nov 19, he now holds a total stake, consisting of direct and deemed stakes, of 70%, up from 69.03%.
