Wong Siu Hong Alfred, managing director and CEO of Noel Gifts International 543 , has acquired a total of 76,500 shares from the market as at Oct 10.
The shares were acquired for $27,540 or 36 cents per share, bringing Wong’s total stake in Noel Gifts to 47.15%.
Prior to this transaction, Wong also acquired 15,000 shares on Oct 8 at $5,400, or 36 cents per share.
Wong holds a direct stake of 29.58% in Noel Gifts while he has a deemed interest of 17.57%. Wong has an indirect interest in a total of 18 million shares held by his wife Lim Julian, and his children, Wong Lai Kuan Kim and Wong Ho Hon Keith. Lim has 8 million shares while Kim and Keith each have 5 million shares in the company.
Shares in Noel Gifts closed flat at 36 cents on Oct 10.
