With the purchases, Dai and Wang have a deemed stake of nearly 328.1 million units, equivalent to 18.163%. Based on the series of filings made by the company, Araedis has been actively buying since late last year.
Dai Yung Huei, the largest shareholder of Asian Pay TV Trust (APPT), has seen his stake in the business trust rise via a series of open market purchases since late last year.
The most recent acquisitions were made on Jan 18 when Araedis Investment, which Dai and his wife Wang Hsueh-Mei controls, acquired 200,000 units at 13.8 cents each and another 740,000 units at 13.9 cents.
