Tuan Sing's CEO and executive director, William Liem (also known as William Nursalim) has been buying shares from the market on several occasions.
On Aug 21, Liem bought 370,000 shares from the market for $81,400 or 22 cents per share. On Aug 22, Liem further bought another 230,000 shares from the market for $51,624 or 22.45 cents per share, bringing his percentage of ordinary shares to 53.7%.
On Aug 26, Liem bought another 140,000 shares for $30,800 or 22 cents per share and bought another 232,900 shares for $52,402.50 - or at 22.5 cents per share - on Aug 27. Both transactions brought Liem’s percentage of ordinary shares up to 53.73%.
Liem continued to purchase another 360,000 shares for $81,000 - or 22.5 cents per share - on Aug 29 as well as another 750,000 shares for $168,750 - or 22.5 cents per share – on Aug 30. The transactions further boosted Liem’s percentage of ordinary shares up to 53.82%.
On Sept 3, Liem purchased another 352,700 shares for $81,121 (or 23 cents per share), together with another 547,900 shares for $126,017 (or 23 cents per share) on Sept 4. This brings Liem’s total stake in the company to 53.89%.
Shares in Tuan Sing closed flat at 23 cents on Sept 4.
