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Far East's Ng is substantial shareholder of F J Benjamin following warrants coversion

The Edge Singapore
The Edge Singapore4/7/2021 6:3 PM GMT+08  • 1 min read
Far East's Ng is substantial shareholder of F J Benjamin following warrants coversion
Peter Lim recently converted his warrants to shares too - and sold
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Far East Organization’s Philip Ng has emerged as a substantial shareholder of retailer F J Benjamin Holdings, following conversion of warrants into shares.

Ng via his vehicles, now hold 79.1 million F J Benjamin shares, equivalent to a stake of 7.46%. This was up from 4.44% previously.

According to an F J Benjamin filing, Ng on April 1 converted 33.6 million warrants to shares at 4 cents each, costing him $1,346,400.

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