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Broadway Industrial's chairman Lew raises stake; OUE in steady buybacks

The Edge Singapore
The Edge Singapore • 3 min read
Broadway Industrial's chairman Lew raises stake; OUE in steady buybacks
Lew (seen in this 2016 photo), bought more than 1 million shares recently / Photo: The Edge Singapore
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Lew Syn Pau, the non-independent and non-executive chairman of Broadway Industrial Group, has raised his stake in the company in recent days.

Lew, a former member of parliament, started buying on Nov 24, acquiring 236,1000 shares on the open market at 8.04 cents each. On Nov 27, he bought another 195,700 shares, paying 8.09 cents each. On Nov 28, Lew acquired 111,3000 shares at 8.2 cents each.

The most recent was on Nov 29 when he acquired 456,900 shares at 8.9 cents each. This brings his total stake in the company to nearly 45.98 million shares or a 10.11% stake.

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