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iX Biopharma’s Lee and wife Tang sell 13 mil shares on two different occasions

Teo Zheng Long
Teo Zheng Long • 1 min read
iX Biopharma’s Lee and wife Tang sell 13 mil shares on two different occasions
iX Biopharma's executive chairman and CEO Eddy Lee / Photo: Albert Chua
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Eddy Lee Yip Hang, executive chairman of iX Biopharma (SGX:42C) , and his wife, Jane Tang Choy Leng, sold 13 million shares in the company on April 10 and April 13.

On April 10, Lee sold 10 million shares via married deal for a total consideration of $2.6 million. This translates to an average price of 26 cents each.

Interestingly, Lee on April 8 exercised his warrants and was allotted 10 million new ordinary shares at a price of 6 cents per warrant.

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