Ang Sin Liu, the founder of ASL Marine Holdings A04 , has bought 700,000 shares from the market at $38,283.70 (or 5.47 cents apiece).
The acquisition was made on Oct 18.
ASL began its operations in 1974 in Singapore with Ang as its sole proprietor.
As at 10.45am, shares in ASL Marine are trading 0.2 cents higher or 3.92% up at 5.3 cents.
