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Dyna-Mac CEO tops up stake amid new orders; directors of Multi-Chem pick up more shares

The Edge Singapore
The Edge Singapore5/19/2022 11:30 AM GMT+08  • 4 min read
Dyna-Mac CEO tops up stake amid new orders; directors of Multi-Chem pick up more shares
Multi-Chem manufactures printed circuit boards like these and distributes software via a subsidiary / Photo: Bloomberg
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Lim Ah Cheng, CEO of Dyna-Mac Holdings, has raised his stakeholding in the company after it won a spate of new orders. On May 13, Lim acquired 168,000 Dyna-Mac shares on the open market for $23,856 or 14.2 cents each.

With the purchase, Lim now holds just over 1.98 million shares or 0.193% of the company, up from 0.177% previously.

Dyna-Mac’s single largest shareholder, with a 40.7% stake, is the estate of the late Desmond Lim Tze Jong, who founded the company in 1990. The company’s second-largest shareholder, with a 24.35% stake, is an entity called KS Investments, which is an indirect subsidiary of Keppel Corp.

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