Megachem CEO's stakes inch up after additional 9,700 share acquisition
Two on-market trades lift holding to 36.572%
Megachem Limited director and chief executive officer Chew Choon Tee increased his direct shareholding in the company through two on-market purchases on 19 January 2026, according to a disclosure filed with the Singapore Exchange.
The filing showed Chew acquired 5,000 shares at $0.43 per share in the first transaction, raising his direct interest to 48.3 million shares from 48.29 million shares previously. He subsequently bought 4,700 shares at $0.44 per share in a second market transaction on the same day.
Following the second purchase, Chew’s direct interest increased further to 48.3 million shares, the disclosure showed. His deemed interest, held through his spouse, remained unchanged at 445,296 shares throughout both transactions.
Chew’s total interest in Megachem rose to 48.75 million shares, representing 36.572% of the company’s issued share capital, up from 36.565% prior to the acquisitions. The filing stated that Megachem had 133.3 million ordinary shares in issue as at 19 January 2026.
The disclosure showed no change to Megachem’s issued share capital following the transactions.