HOCK LOCK SIEW
Major shareholders are not helping by buying more cheap shares in deeply discounted listed groups
Leslie Yee
THAT a major shareholder is adding to its shares in a listed group ought to be seen in a positive light, in general.
For one, it should signal that all is well with the group’s business and that the shares are worth buying.
After all, major shareholders likely know the businesses they own and the markets in which these businesses operate intimately.