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The Straits Times / The Business Times News on HG Metal
>Ex-Links chairman still buying HG Metal
July 28, 2004
The
Business Times
FORMER Links Island Holdings chairman Winstedt Chong Thim Pheng
bought 77,000 more shares in HG Metal Manufacturing on the open market
on
Monday, raising his direct stake to 1.75 per cent from 1.69 per cent.
His wife, Links Island deputy managing director Cynthia Tan Kwee Hiang,
has a direct stake of 6.07 per cent in the steel stockist and
distributor. The couple have accounted for all the trades by directors
or substantial shareholders of HG Metal since May, when Ms Tan emerged
as a substantial shareholder. HG Metal shares gained half a cent to
close at 36.5 cents yesterday.
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