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Soup Holdings co-founders in married deal with 15 mil shares changing hands at 6 cents each

The Edge Singapore
The Edge Singapore • 2 min read
Soup Holdings co-founders in married deal with 15 mil shares changing hands at 6 cents each
Company co-founder Mok has remained as the largest shareholder even after he retired in 2016 / Photo: The Edge Singapore
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Two of the co-founders of Soup Holdings, which operates the chain of Soup Restaurants, have traded a substantial block of shares between themselves.

According to SGX filings on April 11, Mok Yip Peng has on April 9 sold just over 15 million shares to his classmate-turned business partner Wong Wei Teck for $900,504, or 6 cents each.

Even though Mok has retired as managing director and from the board back in 2016, he has remained as the single largest shareholder.

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