Speculation continues as Aspial CEO ups LCD stake

ASPIAL Corporation chief executive Koh Wee Seng has continued to buy shares in LCD Global Investments at prices above the 17 cents a share buyout offer from Lum Chang's Raymond and David Lum - fuelling further market talk of a counter-bid.

On Wednesday, Mr Koh bought 100,000 shares at 28.5 cents, raising his total stake in the company to 15.24 per cent. Since last month, he has gradually built up his stake in LCD - which owns, develops and manages hotels and resorts globally - by buyi…