Helen Chow, the wife of Wing Tai’s chairman Cheng Wai Keung has acquired 70,000 shares for an undisclosed amount, according to a filing on the Singapore Exchange S68 on Sept 5.
Following the transaction, Chow, together with her husband, have a total of 468.44 million shares, or 61.51% of the total number of ordinary voting shares held.
Chow, who serves as a director of Wing Tai Property Management, began buying Wing Tai shares on Sept 8, 2023, and has since added 21,400 shares to her stake.
Shares in Wing Tai closed at 2 cents higher or up 1.58% at $1.29 on Sept 5.