Stake changes: Keong Hong Holdings, Asiamedic

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Singapore substantial shareholder changes: Keong Hong Holdings and Asiamedic.

Keong Hong Holdings

Leo Ting Ping Ronald, chairman and CEO of Keong Hong Holdings, sold 44.76 million shares of the company for S$17.19 million in an off-market transaction, taking his total interest to 11.8 percent from 30.85 percent previously, according to a filing to SGX Friday. 

The shares were sold to substantial shareholder LJHB Capital (S), the filing said.

Read more: Keong Hong gets take-over bid after major holder raises stake


Aona Liu disclosed she is deemed interested in 512.1 million shares of Asiamedic, or a 45.74 percent stake after she was appointed a a non-independent non-executive director of the company on Friday, according to a filing to SGX Friday.

She is currently the executive chairperson at Luye Medical Group in Singapore and China; Luye Medical Group is the controlling shareholder of Asiamedic, a separate filing to SGX said.

Aona Liu, Liu Dianbo, who is her father, Wang Cuilian, who is her mother, and Alina W Liu, who is her sister, are all beneficiaries of the Asoka Trust, which is deemed interested in the shares held by Luye Medical Group, a filing said.