(Oct 23): Property group Hiap Hoe has gained a new substantial shareholder: Regency Steel Asia chairman Gui Boon Sui. On Oct 10, Gui bought 41,000 shares in Hiap Hoe for a total consideration of $34,422.37, or about 84 cents a share. He now owns 5% of Hiap Hoe, comprising a direct interest of 1.2 million shares and a deemed interest of 22.4 million shares. The latter is held through CIMB Securities (Singapore).

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