Singapore

AYONDO chairman and co-founder Thomas Winkler transferred 1.2 million shares on Nov 22, 2018 at an undisclosed price to third parties who are existing Ayondo shareholders, according to a regulatory filing on Tuesday.

The shares were held by Next Generation Finance Management AG, which Mr Winkler chairs. The transfer lowered Mr Winkler's total shareholding to 5.66 per cent from 5.9 per cent, and came after the expiry of a six-month moratorium that expired on Sept 26, 2018.