Bonvests Holdings’ chairman and managing director, Henry Ngo, acquired 30,000 shares in the company for $28,703.10 – or 95.677 cents per share – via the market.
The shares were acquired on April 16 via Allsland Pte Ltd, an entity wholly owned by Ngo.
After the purchase, Ngo has a total stake of 84.71% in the company, up from 84.7% previously.
For the FY2023 ended Dec 31, 2023, Bonvests reported earnings of $7.2 million, 65.4% lower y-o-y.
Shares in Bonvests closed flat at 94.5 cents on April 18.
