Low Keng Huat (Singapore) owns LKHS Property Investment, which in turn, owns a 40% interest in Dalvey Breeze Development.
SEE: KOP swings back to black in 3Q with $7 mil earnings
Lee has purchased a unit on the third floor at a sale price of $16.3 million, which is the same pricing offered to the public.
The sale transaction has been reviewed and approved by KOP’s audit and risk committee.
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Shares in KOP closed 0.2 cent lower or 3.6% down at 5.4 cents on June 1.
