On May 14 Frencken Group chairman and non-executive non-independent director Gooi Soon Chai acquired 200,000 shares of the company for a consideration of S$286,526 at S$1.43 per share.

 

This has brought his total interest in the high-tech capital and consumer equipment service provider from 23.34 per cent to 23.38 per cent.

 

His preceding acquisition was on March 8, with 100,000 shares acquired at S$1.20 per share.

 

Mr Gooi has been the chairman of Frencken Group since August 2016, and he is a board member of the Malaysian Investment Development Authority.

 

Also on May 14, Frencken Group president and executive director Dennis Au acquired 100,000 shares of the company at S$1.42 per share, increasing his total interest in the group from 0.82 per cent to 0.84 per cent.