The 100,000 ordinary shares that Wee bought in the company amounts to $3.45 million.
Deputy chairman and CEO of United Overseas Bank (SGX:U11
) (UOB) Wee Ee Cheong bought 100,000 ordinary shares for $34.475 per share via market transaction on May 7, after the bank reported a net profit of $1.49 billion for 1QFY2025.
The bank’s first quarterly result for 2025 was relatively unchanged from the net profit of $1.487 billion in the same period a year ago, and lower than the estimate of $1.54 billion by Bloomberg consensus.
