Following the purchase, Kuok’s total stake in Wilmar is now at 14.07% from 14.05% previously, representing some 878.27 million shares held in the group.
Kuok Khoon Hong, the co-founder, chairman and CEO of Wilmar International (SGX:F34
) , has acquired a total of 1 million shares in the company.
The shares were acquired via four companies which Kuok is deemed to be interested in. Each of these companies – HPRY Holdings Limited, Longhlin Asia Limited, Hong Lee Holdings and Jaygar Holdings – each acquired 250,000 shares in Wilmar at an average price of $3.08 per share on June 3, bringing the total purchase price to around $3.08 million.
