True. 2.5% of all issued shares.
According to the last annual report there are only 2 shareholders who could sell such a large parcel:
- CDL Hotels holding (which belongs to MCK International which belongs to CDL Singapore which belongs to the Kwek family)
- Aberdeen Standard.
Unlikely CDL sold some, which leaves only Aberdeen Standard (it seems to be their job in the team anyway to keep the price down). Question is - who bought?
Start of a full takeover?
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