Before this transaction, Loo had made purchases on Feb 24 and Feb 25 as well, snapping up a total of two million shares at prices ranging from $1.1867 to $1.19. Loo also holds a deemed stake of another 783.8 million shares.
Dr Loo Choon Yong, executive chairman of Raffles Medical Group, has increased his total stake in the regional private healthcare provider and hospital operator.
On March 1 and 2, he acquired 750,000 shares on both days, at around $1.17 each. This brings his direct stake to nearly 199.1 million shares, or 10.678%.
