Kelvin Fong, deputy CEO and executive director of PropNex has raised his stake in the company again.
On May 30, Fong bought 31,000 shares from the open market at $1 each. This brings his total stake to 75.96 million shares, equivalent to 10.26%.
Fong had on April 7 and 8 bought 18,000 and 68,000 shares respectively, also at $1 each.
PropNex shares closed at $1.02 on June 2, up 0.99% for the day and up 7.37% year to date.