He acquired 100,000 shares at $5.80 apiece.
Ong Lian Jin Colin, an independent director at City Developments Limited, acquired 100,000 shares at the company at $5.80 apiece.
Data from the company’s bourse filing showed that Ong did not own any shares in the company before the stake acquisition.
Post-acquisition, Ong now holds a 0.011 stake in the company.
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