Yeo's buying came just days after Wilmar's chairman and CEO Kuok Khoon Hong added to his stake as well.
On Feb 21, Kuok, via various entities he controls, paid $3.07 each for more than 1.66 million Wilmar shares. He now controls more than 894,6 million shares, equivalent to 14.33%.
Wilmar shares closed at $3.18 on Feb 24, up 3.25% for the day.