Kuok Khoon Hong raises stake in Wilmar International to 14.1%

Kuok currently holds 880.1 million shares in Wilmar.

Wilmar International’s chairman and CEO, Kuok Khoon Hong, acquired additional shares via an open market transaction following lower Q1 earnings.

Kuok bought a total of 539,800 shares at $3.070 each. Kuok acquired the shares through four entities that Kuok has deemed interest in.

The four entities are HPRY Holdings Limited, which acquired 134,950 shares, Longhlin Asia Limited (134,950), Hong Lee Holdings (Pte) Ltd (134,950), and Jaygar Holdings Limited (134,950).

The transaction raised Kuok’s stake in Wilmar to 14.1% with 880.1 million shares.

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