They sold at an average of 86.5 cents.
Leong isn’t the only insider selling SPH REIT recently.
On June 17, labour movement National Trade Union Congress sold 400,000 units for $355,960, or an average of 89 cents.
With that sale, NTUC has trimmed its stake from 5.012% to 4.998%, which means it isn’t obliged to declare further selling.
SPH REIT’s key assets are Paragon and Clementi Mall.
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SPH REIT closed July 21 unchanged at 88 cents.
