Tea’s latest purchase now brings his total stake in the company to 26.64% from 26.61% previously. Of his stake, Tea is deemed to be interested in the 4.359 million shares held by his wife, Aileen Sim.
For the six months ended Sept 30, 2024, Accrelist reported a loss of $439,000, from $2.14 million in the same period the year before.
Shares in Accrelist closed flat at 3.9 cents on Jan 6.
Update
See also: Accrelist executive chairman buys more shares; ups stake to 26.48%
Tea continued his buying spree from the open market from Jan 6 to 8.
On Jan 6, Tea bought 91,000 shares for $3,549 or 3.9 cents apiece. He then bought another 100,000 shares for $3,950 or 3.95 cents per share a day after. On Jan 8, Tea bought 100,000 shares for $3,950 as well, bringing his total stake to 26.73%.
