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Raffles Medical Group’s executive chairman buys 900,000 shares at $1.02 apiece

Felicia Tan

The shares were bought via the market on May 31.

Dr Loo Choon Yong, executive chairman and a substantial shareholder of Raffles Medical Group Bsl, has acquired 900,000 shares in the company for $918,000 or $1.02 apiece.

The shares were bought via the market on May 31.

Following this, Loo’s total stake in the company has risen to 54.336% from 54.287% previously.

Shares in Raffles Medical Group closed 1 cent lower or 0.98% down at $1.01 on June 3.

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