Pek Kok Sam, CEO and executive director of Southern Alliance Mining, recently raised his stake in the company. Based on the regulatory filings, it was the first time an insider had reported changes in shareholdings since the company went IPO last June. On March 17, Pek acquired 65,000 shares for $39,000, or 60 cents each. He now holds nearly 343.9 million shares, or 70.32%, up from 70.3% previously.

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