Before the acquisitions, the most recent buying by a CSE Global director was on Dec 22 when non-executive chairman Lim Ming Seong acquired 320,000 shares on the open market for $108,800 or 34 cents each. This brings his total interest, consisting his own shares and those held by his wife, to 4.79 million shares or 0.778%, up from 0.726% previously.
Lim Boon Kheng, group managing director cum CEO of CSE Global, saw an increase in this stake in the company. On March 9, Lim, via his nominee accounts, acquired 171,600 shares at $59,202 or 34.5 cents each on the open market.
The following day, he acquired another 693,000 shares on the open market for $239,085, also at 34.5 cents each. Lim has a deemed interest of 14.27 million shares or 2.321% and a direct interest of 2.41 million shares. This brings his total interest to 16.7 million shares or 2.713% after the transactions.
