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Raffles Medical Group chairman buys 1 mil shares for $861,000

Ashley Lo
Ashley Lo • 1 min read
Raffles Medical Group chairman buys 1 mil shares for $861,000
Following the transaction, Loo’s total stake in the group has risen to 55.554%. Photo: Albert Chua/The Edge Singapore
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Dr Loo Choon Yong, chairman and a substantial shareholder of Raffles Medical Group BSL

, has acquired 1 million shares for $861,000, or 86.1 cents apiece. 

The shares were bought via the market on Nov 22. 

Following the transaction, Loo’s total stake in the group has risen to 55.554% from 55.5% previously. 

Shares in Raffles Medical Group closed 0.5 cents higher, or up 0.58%, at 86.5 cents on Nov 25. 

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