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Ngs of Far East Organization raise stake in Banyan Tree Holdings again

The Edge Singapore
The Edge Singapore  • 1 min read
Ngs of Far East Organization raise stake in Banyan Tree Holdings again
Photo: Banyan Tree
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The Ngs of property giant Far East Organization have raised their stake in Banyan Tree Holdings again in just over a month.

On Dec 23, via an entity called Goodview Properties, the Ngs bought 1,825,800 shares at 61.5 cents each from the open market.

With this round of buying, the Ngs now control 61,873,600 shares, equivalent 7.14%. Previously, they held 6.93%.

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