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Raffles Medical's Loo acquires additional 200,000 shares for $206,670

Bryan Wu
Bryan Wu • 1 min read
Raffles Medical's Loo acquires additional 200,000 shares for $206,670
The day before on March 19, Loo acquired 100,000 units in the company at $1.03 each. Photo: Albert Chua/The Edge Singapore
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CEO and a substantial shareholder of Raffles Medical Group BSL

Dr Loo Choon Yong has acquired an additional 200,000 units in the company for $206,670 or $1.03335 each.

The shares were sold via market transaction on March 20.

The day before on March 19, Loo acquired 100,000 units in the company at $1.03 each.

After the latest purchase, his direct stake in Raffles Medical has increased to 11.584% from 11.573% previously.

In addition, Loo has a deemed interest in another 783.8 million shares, giving him a total interest of 998.95 million shares, or 53.793%.

Units in Raffles Medical closed unchanged at $1.04 on March 21.

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