Han, who sits on the board of Centurion and owns a 50% shareholding interest in the company, purchased 250,000 ordinary shares for $1.04 per share for a total of $260,000 on Apr 7. His deemed interest in the company therefore stands at 468,431,226 shares after the transaction, or 55.714% of the number of ordinary voting shares.
Centurion Corporation’s non-executive director Han Seng Juan has increased his interest in the company by purchasing securities off the market, according to a bourse filing on Apr 8.
After the global stock market plunge which saw the Straits Times Index (STI) dropping by 8.5% on the morning of Apr 7, companies rushed to buyback shares. Their CEOs are too in the fray.
