Those following along with CSE Global Limited (SGX:544) will no doubt be intrigued by the recent purchase of shares by Boon Kheng Lim, CEO, Group MD & Executive Director of the company, who spent a stonking S$1.1m on stock at an average price of S$0.43. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 14%.
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CSE Global Insider Transactions Over The Last Year
In fact, the recent purchase by Boon Kheng Lim was the biggest purchase of CSE Global shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of S$0.43. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today’s share…
