(July 17): Koh Kian Kiong, executive chairman and CEO of engineering company Federal International (2000), has been steadily buying shares of his own company on the open market.

The most recent purchase was made on July 8 when he acquired 12,500 shares at 16.952 cents each. With that, Koh now holds a direct stake of 9.76 million shares, or 6.94%. In addition, Koh has a deemed interest of another 18.15 million shares, or 12.9%. In total, Koh owns a total of 27.9 million shares, or 19.84% of the company.

Earlier this month on July 2, July 3 and July 7, Koh acquired 17,000 shares at 17.571 cents each; 25,000 shares at 16.8 cents each and 32,700 shares at 16.86 cents each respectively. He also bought sporadically through May and June as well.

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