Yeo’s acquisitions came less than a month after another director did the same. On May 14, executive director Kwang Toh Kay acquired 10,000 shares at $1.24 each. According to the filings, he did not own any Creative Technology shares before the transaction. Kwang was just designated as an executive director on March 1. Kwang, who joined the board last September, was previously a non-executive independent director.
Former minister George Yeo bought shares at two listed companies where he serves as their respective independent directors. On June 7, Yeo acquired 200,000 Wilmar International (SGX:F34
) shares on the open market for $3.10 each, raising his total holdings to 600,000 shares. Yeo was appointed to the agri-food giant’s board on April 19.
Separately, Yeo also raised his stake in Creative Technology (SGX:C76) . On June 10, he acquired 15,000 shares on the open market at $1.26 each, bringing his total stake to 225,350 shares. Yeo was appointed to Creative Technology’s board back in November 2021.
