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Karin Technology gains new substantial shareholder

KARIN Technology Holdings has a new substantial shareholder after an existing shareholder increased his stake in the company.

According to a filing with the Singapore Exchange on Monday, Ng Eng Seng acquired some 9.37 million shares worth around S$2.91 million via a market transaction.

This raised his stake from 3.654 per cent previously to 8.019 per cent.

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