SINGAPORE (May 8): Eric Khua, CEO of Vibrant Group, has raised his shareholdings in the logistics solutions specialist, through acquisitions on the open market and married deals over the past couple months.

In the latest transaction on April 24, Khua acquired 186,000 shares at 9.5 cents each, bringing his direct stake to nearly 93.7 million shares, or 13.529%. Khua also owns another 335.5 million shares through a holding company called Vibrant Capital. This gives him a total stake of 61.792% in the company.

Earlier, Khua had bought 216,000 shares for 11.8 cents each and 3.6 million shares at 10 cents each on the open market on Feb 20 and March 17 respectively. Khua also bought 12.5 million shares at 27 cents and 2.5 million at 19.7 cents in separate off-market deals on Feb 17 and Feb 19 respectively.

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