This brings Kuok's indirect interest in the company to nearly 882.3 million shares, equivalent to 14.13%. Including his directly held stake of another 0.05%, Kuok has a total interest of 14.18%.
Various entities controlled by Wilmar International (SGX:F34
) 's chairman and CEO Kuok Khoon Hong had added shares of the agri-food giant.
According to a stock market filing, these entities on Nov 13 bought a total of more than 1.15 million Wilmar shares at $3.08 each, taking advantage of a recent weakening of the price.
