Stake changes: Grand Venture Technology, Metech International

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Singapore substantial shareholder changes: Grand Venture Technology and Metech International.

Grand Venture Technology

Lee Taim Nam, executive chairman of Grand Venture Technology, acquired 50,000 shares of the company in the market on 23 December for S$1.18594 a share, taking his holding to 15.71 percent from 15.69 percent previously, according to a filing to SGX Friday.

Metech International

Ng Eng Tiong became a substantial shareholder of Metech International, acquiring 3.5 million shares in the market for S$1.26 million on 23 December, taking his interest to 5.591 percent from 3.245 percent, according to a filing to SGX Friday.

On Friday, Ng acquired an additional 2.5 million shares for S$902,500, taking his interest to 7.266 percent, the filing said.


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