Centurion Corporation’s non-executive director Han Seng Juan has increased his stake in the company by purchasing securities off the market, according to a bourse filing on Sept 30.
Han purchased 200,000 ordinary shares for $1.45563 per share for a total consideration of $291,126.
This brings his deemed interest in the company to 468,631,226 shares, or 55.738% of the total number of ordinary voting shares.
This comes a week after the listing of Centurion Accommodation REIT (CAREIT), which is backed by Centurion and raised $771.1 million in the second-largest IPO in Singapore this year.
Shares in Centurion closed flat at $1.50 on Sept 30.