Friday, December 7, 2012

Sam Goi takes 14% stake in Etika

In a very interesting development, Sam Goi, the very prominent Singapore businessman has taken a 14% stake in Etika International. This caused an increase in its share price yesterday. Etika's share price has been sliding for some time and this is welcomed. Long term wise, I suspect that Sam Goi might use this stake as a way on injecting some of his assets (TYJ is not listed) but it just speculation on my part.

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