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The Straits Times / The Business Times News on HG Metal
Shareholder builds up HG Metal stakeJune 15, 2004The Business Times A SUBSTANTIAL shareholder of HG Metal Manufacturing has been building up her stake in the steel stockist and distributor. Her latest move has been an open-market purchase of 200,000 shares for an undisclosed sum. Tan Kwee Hiang became a substantial shareholder last month, with an open-market purchase of 450,000 shares at 35.7 cents apiece. Since then she has bought another 871,000 HG shares for undisclosed sums and now holds 5.84 per cent of the company. HG Metal shares were unchanged at 36.5 cents yesterday.
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