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Home / Capital / Corporate Moves

CWX Global’s Cheong continues to buy shares at substantial discount to book value

Corporate moves

CWX Global’s Cheong continues to buy shares at substantial discount to book value

Chan Chao Peh Published on Mon, Jun 04, 2018 / 7:30 AM GMT+8

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SINGAPORE (June 4): Jeff Cheong Weixiong, chairman of investment company CWX Global, has made another round of monthly purchases of the company’s stock on the open market.

Cheong is the new man at the helm of the company formerly known as Loyz Energy, which used to be controlled by the Lee family that made waves in the offshore and marine industry via companies such as Ezra Holdings.

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