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Amova emerges as substantial shareholder of Valuetronics after adding more shares at 88.7 cents each

The Edge Singapore
The Edge Singapore • 1 min read
Amova emerges as substantial shareholder of Valuetronics after adding more shares at 88.7 cents each
Valuetronics' largest shareholder is chairman and managing director Tse Chong Hing, who owns 18.73%
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Amova Asset Management has emerged as a substantial shareholder of Hong Kong-based but Singapore-quoted Valuetronics Holdings.

On March 25, the fund manager paid $719,364.59 for 811,100 shares, which works out to around 88.7 cents per share.

From 19.9 million shares, or 4.85%, Amova now owns just over 20.7 million shares, or 5.05%.

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