Alacrity, held jointly by Cleveland Cuaca and Bryan Tan Jie, paid an average of just over 4.22 cents, slightly higher than the average of 4.07 cents Koh paid on March 15.
A day after Oceanus Group CEO Peter Koh spent more than half a million dollars to buy shares from the market, the company’s largest shareholder, Alacrity Investment Group on March 16 forked out a similar quantum to top up shares too.
According to a market filing after market closed on March 16, Alacrity paid $549,000 to snap up 13 million shares.
