Accrelist’s Executive Chairman Terence Tea Buys Another 100,000 Shares from the Market

Edge
01-06

Tea’s total stake in the company is now at 26.64%.

Dr Terence Tea, the executive chairman and managing director of Accrelist Qzg, has bought another 100,000 shares from the market.

The shares were bought on Jan 3 and cost $3,900 or 3.9 cents apiece.

Tea’s latest purchase now brings his total stake in the company to 26.64% from 26.61% previously. Of his stake, Tea is deemed to be interested in the 4.359 million shares held by his wife, Aileen Sim.

For the six months ended Sept 30, 2024, Accrelist reported a loss of $439,000, from $2.14 million in the same period the year before.

Shares in Accrelist closed flat at 3.9 cents on Jan 6.

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