Just on Jan 14, Wang emerged as a substantial shareholder when he paid $33,636,195 for 43,542,000 shares, which works out to 77.25 cents each. Wang was already holding 10,351,000 shares.
Alan Wang of Asdew Acquisitions has on Jan 22 sold his stake of 58,546,000 Low Keng Huat shares at 78 cents, reads a filing to the exchange.
The stake sold by Wang on Jan 22 is equivalent to 7.9%.
