Monday, March 11, 2013

WE Holdings

WE Holdings: Substantial shareholder Sim Mong Keang paring down his stake on the open-market over 5 and 6 Mar from 27.02% to 15.52%, followed by a married deal on 7 Mar, reducing his stake from 15.52% to 2.98%. Concurrently, another substantial stakeholder Chng Weng Wah also on 5 and 6 Mar pared down his stake on the open-market from 24.11% to 18.25%. In total, 88.8m shares were sold down.

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