Helen Chow, the wife of Wing Tai’s chairman of Cheng Wai Keung, has raised her stake in the group by acquiring 104,900 shares for an undisclosed amount, according to a filing on the Singapore Exchange S68 on Feb 21.
Following the transaction, Chow, together with her husband, now have a total stake of 467.72 million, or 61.42% of the total number of ordinary voting shares held.
Chow, who is also a director of Wing Tai Property Management, started buying Wing Tai shares on Sept 8, 2023, adding 21,400 shares to her stake.
Shares in Wing Tai Holdings W05 closed 2 cents lower or 1.55% down at $1.27.