SINGAPORE (Apr 3): Over the past few months, several insiders bought shares in hospital operator Raffles Medical Group following the company’s full year earnings announcement. They were founder and executive chairman Dr Loo Choon Yong; his daughter Dr Sarah Lu Qinghui as well as two other directors and an institutional investor.

On March 23, Loo bought 750,000 shares at 74.5 cents each. On March 13, he bought 106,300 shares at 83.98 cents each; 876,500 at 83.94 cents each on March 16; 997,600 shares at 83.28 cents each on March 17; 1.05 million shares at 82.51 cents each on March 18; 1 million shares at 79.67 cents on March 19 and 551,700 shares at 78.8 cents on March 20.

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