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Another substantial Oceanus shareholder joins in the open market buying

The Edge Singapore
The Edge Singapore3/16/2021 6:12 PM GMT+08  • 2 min read
Another substantial Oceanus shareholder joins in the open market buying
Alacrity paid an average of just over 4.22 cents, slightly higher than Koh's average price of 4.07 cents.
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A day after Oceanus Group CEO Peter Koh spent more than half a million dollars to buy shares from the market, the company’s largest shareholder, Alacrity Investment Group on March 16 forked out a similar quantum to top up shares too.

According to a market filing after market closed on March 16, Alacrity paid $549,000 to snap up 13 million shares.

Alacrity, held jointly by Cleveland Cuaca and Bryan Tan Jie, paid an average of just over 4.22 cents, slightly higher than the average of 4.07 cents Koh paid on March 15.

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