Nam Cheong CEO boosts holdings after buying 100,000 shares | Marine & Industrial Report
, Singapore
Photo by Mathieu Stern on Unsplash

Nam Cheong CEO boosts holdings after buying 100,000 shares

This lifts his stake in the company to 4.053%.

SGX-listed Nam Cheong Limited's CEO, Leong Seng Keat, has raised his stake in the offshore marine company through a market purchase.

A regulatory filing shows that on 4 March, Leong bought 100,000 ordinary shares at $1.408 each.

Following the purchase, his direct holding in the company increased to 15,187,424 shares from 15,087,424.

When including 950,034 shares attributed to his spouse, Tiong Eng Ming, Leong’s total interest now stands at 16,137,458 shares, or 4.053% of the company.
 

Join Marine & Industrial Report community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!