Frencken Group executives raise company stake via share acquisitions
Gooi's stake grew to 23.69% whilst Au's rose to 0.96%.
Frencken Group Limited's chairman and president, Gooi Soon Chai and Dennis Au, have acquired additional shares via market transactions.
According to filings from 4 April, Gooi purchased 200,000 ordinary shares for $197,000, whilst Au bought 100,000 shares for $98,500.
Following these transactions, Gooi's stake in the company increased to 23.69% whilst Au's stake rose to 0.96%.