SINGAPORE (Dec 11): Tan Tong Hai, who is relinquishing his position as StarHub CEO and executive director next year, cashed out 62.9% of his holdings in the telco player. He sold 600,000 shares at $2.84 apiece and 300,000 shares at $2.83 each on the open market, leaving him with 531,424 shares, or 0.03% of StarHub’s free float. The transactions occurred on Nov 28 — 11 days after his departure was announced.

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