Loo Choon Yong acquired the new shares for $1.02 apiece.
Raffles Medical Group Executive Chairman Loo Choon Yong has purchased 900,000 ordinary shares at $1.02 per share.
The share acquisition was completed via a market transaction on 31 May.
Following this acquisition, Loo’s stake in the company increased from 54.287% to 54.336%.
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