Lian Bee Metal has increased its stake in Union Steel Holdings yet again on Feb 6.
The privately-held company acquired 9,000 shares via the market at $10,241.01 in total or $1.14 per share.
The move has increased Lian Bee’s stake in Union Steel to 5.7% from 5.67%
Lian Bee first emerged as a substantial shareholder in Union Steel on Sept 4, 2023, when it acquired 43,000 shares at 89.5 cents each. It has been on a consistent buying spree of Union Steel shares since.
Just on Feb 5, Lian Bee bought another 15,000 shares for $17,200.05 or $1.147 apiece. Its stake then, was brought up to 5.67% from 5.64%.
