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Raffles Medical's Loo buys more shares following 1HFY2022 earnings beat

The Edge Singapore
The Edge Singapore8/2/2022 10:23 PM GMT+08  • 1 min read
Raffles Medical's Loo buys more shares following 1HFY2022 earnings beat
Raffles Medical's executive chairman Dr Loo Choon Yong founded the company more than 40 decades ago / Photo: Albert Chua
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Dr Loo Choon Yong, executive chairman of Raffles Medical Group, has bought shares from the market after his company reported another record set of earnings that beat the expectations of some analysts.

On Aug 1, Loo paid $1.18 each for 53,800 shares, bringing his direct stake to 200.5 million shares, equivalent to 10.824% - up from 10.821% earlier.

In addition, Loo has a deemed interest in another 783.8 million shares, giving him a total interest of 984.35 million shares, or 53.138%.

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