Stanley Loh, the company’s group financial controller, on May 13 acquired 250,000 shares on the open market for $288,000 or just over $1.15 each. This brings his total holdings to 950,000 shares, equivalent to 0.134% of the total.
UMS insiders have acquired more shares after the company reported 1QFY2024 ended March earnings on May 10 that fell short of some analysts’ expectations, sending its shares down sharply.
