Southern Alliance Mining CEO raises stake; Amara director makes maiden purchase

The Edge Singapore
The Edge Singapore7/2/2021 6:30 AM GMT+08  • 4 min read
Southern Alliance Mining CEO raises stake; Amara director makes maiden purchase
Southern Alliance Mining CEO Pek Kok Sam sees his stake rise while Amara director Tan Tiong Cheng makes his maiden purchase.
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Pek Kok Sam (photo left), CEO and executive director of Southern Alliance Mining, has seen an increase in his stake in the mining company.

On June 23, Malaysian-incorporated Remparan acquired 25,000 shares of the company from the open market, paying $24,350 in total or 97.4 cents each.

Remparan is wholly-owned by Multiline, also another Malaysian-incorporated company. Pek owns 70% of Multiline while the remaining 30% is owned by his brother Kok Hua.

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