Fund management firm Yeoman Capital Management has emerged as a substantial shareholder of Nam Lee Pressed Metal Industries after additional purchases on the open market.

According to a Sept 23 filing, Yeoman Capital Management acquired 250,000 shares at 38.27 cents each, raising its total stake to 12.2 million shares or 5.045%, up from 4.941% previously.

A day earlier, it had purchased 128,400 shares at 37.81 cents each. On June 14, it had also bought 200,000 shares at 35.93 cents each.

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