This brings his total stake to 1,585,000 units.
Wee is better known as managing director of The Lo and Behold Group, which runs various F&B outlets.
He is also a son of Wee Ee Cheong, CEO of United Overseas Bank.
One of the sponsors of this REIT is UOB Global Capital LLC, a global asset management subsidiary of the bank.
See also: Ho Bee Land’s executive director and CEO Nicholas Chua ups stake in company
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United Hampshire US REIT closed on Aug 19 at 60 US cents, down 0.15%.
