With this latest transaction, Ng’s direct shareholding in the company has increased from 10.54% to 15.65%.
ASTI Holdings (SGX:575) announced that its executive chairman and CEO, Eddie Ng, has acquired 40 million shares at 9 cents each via off-market transaction.
At 9 cents per share, it represents a discount of around 4.25% to ASTI Holdings’ last traded price prior to the trading halt on May 5 of 9.4 cents.

