Aztech Global's stabilising manager buys a further 3.6m shares

FOR a second straight day on Tuesday, Aztech Global's stabilising manager purchased shares of the counter in the open market.

United Overseas Bank, the stabilising manager, bought 3.6 million shares at S$1.23 to S$1.28, after having bought 10 million shares at S$1.28 the day before.

The moves by the bank follow Aztech Global's debut on the Singapore Exchange's mainboard at S$1.28 on March 12.

In a regulatory statement on Tuesday, UOB informed the bourse operator about the support it has given the counter.

The counter commenced trading on Tuesday at S$1.29, hit an intra-day low of S$1.22 and then closed at S$1.24, 3.9 per cent lower than on Monday.