Wong Sie Kai has become a substantial shareholder of GSS Energy 41F Limited after buying 605,000 shares from the market. The shares were purchased on Oct 3 for $16,940, or 2.8 cents per share.
Following the purchase, Wong’s stake in GSS Energy has risen to 5.08% from 4.98% previously. Any shareholder who has crossed the 5% stake threshold has to disclose its interest on SGX.
Shares in GSS Energy closed flat at 2.9 cents on Oct 10.