The last time Wee bought from the market was on Aug 19 when he acquired 25,000 shares at $26.80 each. Wee aside, the most recent acquisition by a UOB director was on Nov 11, 2022, when chairman Wong Kan Seng acquired 10,000 shares at about $29.39 each, bringing his holdings to 32,470 shares.
Wee Ee Cheong, CEO of United Overseas Bank (UOB), has raised his stake in the bank his family controls. On Feb 23, he acquired 100,000 shares on the open market at about $29.58 each, bringing his direct stake to 3.28 million shares, equivalent to 0.2%.
In addition, Wee has a deemed stake in another 173.7 million shares. The two stakes give him a total deemed interest of nearly 177 million shares, equivalent to 10.57%.
