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OUE Limited’s Stephen Riady increases stake in company on several occasions

Felicia Tan
Felicia Tan • 2 min read
OUE Limited’s Stephen Riady increases stake in company on several occasions
OUE Limited’s executive chairman and group CEO, Stephen Riady. Photo: The Edge Singapore
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OUE Limited’s executive chairman and group CEO, Stephen Riady, has increased his stake in the company on several occasions.

On April 8, Riady acquired 479,000 shares for $443,362.50 or 92.5 cents per share via market transaction. The shares were acquired by Lippo Assets (International) Limited (LAIL).

Riady has a 100% stake in Lippo Capital Group Limited (LCG), which is the holding company of Lippo Capital Holdings Company Limited (LCH). LCH, in turn, is the intermediate holding company of LAIL.

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