This brings Gooi’s total stake in the company to 23.69%, up from the 23.65% previously. Au’s stake has similarly increased to 0.96%, up from the 0.94% previously.
Frencken Group’s chairman and president Gooi Soon Chai and Dennis Au have raised their stake in the company by acquiring shares on the open market, according to bourse filings dated Apr 4.
Gooi acquired 200,000 ordinary shares for a total sum of $197,000, while Au acquired 100,000 ordinary shares for $98,500.
