Kuok Khoon Hong boosts stake in Wilmar

The Wilmar chief now has a 13.44% stake in the company.

Wilmar International CEO Kuok Khoon Hong increased his deemed interest in the company.

In a bourse filing, Wilmar shared that Kuok’s deemed interest rose to 835,969,835, with his total interest reaching 838,964,835 or 13.44%.

Kuok acquired a total of 249,700 shares.

Of the total shares, the CEO acquired 124,850 through Longhlin Asia Limited. Kuok acquired the remaining 124,850 shares through Hong Lee Holdings.

He acquired all shares at $3.680 per share.

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