The transactions bring Lim’s deemed interest to just over 19.5 million shares. In addition, Lim holds a direct stake of another 40 million shares. This gives him a total interest of around 59.5 million shares, equivalent to 20.151%.
Lim Chung Chun, executive chairman of iFast Corp, saw an increase in his stakeholdings following the financial services firm’s 1QFY2023 ended March earnings.
On May 5, a nominee account belonging to Lim bought 20,000 shares on the open market at $85,770 or nearly $4.30 per share each. On May 8, the nominee account acquired another 2,700 shares for $11,691.00 or $4.33 each.
