Insiders at 800 Super bought almost S$1m worth of shares as stock slumped
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Singapore
THE controlling shareholders of 800 Super Holdings recently acquired almost S$1 million of shares from the open market amid a slump in the stock, according to filings with the Singapore Exchange on Monday.
Yong Seong Investment, an investment vehicle whose major shareholders include 800 Super executive chairman Lee Koh Yong, chief executive Lee Cheng Chye and their brother and company employee Lee Hock Seong, bought 1.191 million shares on Sept 6 and Sept 7 for S$980,224.80 in total. The average per-share price was S$0.8034 on Sept 6, and S$0.8414 on Sept 7, equal to an overall average price of S$0.823 per share.
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