Cortina completes 8% buyback; Chandra Asri adds to Hiap Seng stake
Directors or CEOs report 22 acquisitions and no disposals, while substantial shareholders record 28 acquisitions and 5 disposals
Cortina Holdings completed an 8% buyback of its shares, purchasing 13,246,273 shares at S$4.15 per share, representing 8% of the company's issued share capital. This off-market equal access offer was announced on Sep 1, following shareholders' approval of the company's share buyback mandate at the July 28 annual general meeting. Meanwhile, Chandra Asri Trading Co added to its stake in Hiap Seng, with the specific amount of shares not mentioned in the provided reports.
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