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The Edge: CapitaLand Investment chairman Ko buys another $2.06 million worth of shares

Miguel Ko, chairman of CapitaLand Investment, has snapped up another $2.06 million worth of shares, bringing his total investment to around $4.06 million.

Ko bought 600,000 shares on Sept 23, paying $3.4279 per share.

On Sept 20 – the trading debut of CLI, Ko paid $2.9349 each for 700,000 shares, amounting to just over $2 million.

CLI shares started trading by way of introduction on Sept 20, following the restructuring of CapitaLand into two parts: a privately-held development business, and CLI, the publicly listed real estate management platform.

Prior to this, Ko, a non-executive, non-independent director, held just 3,679 shares. He was appointed to the board on June 2.

CLI shares closed Sept 23 at $3.40, up 4.29% for the day.

Photo: CLI

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