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.

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