Karin Technology gains new substantial shareholder

SINGAPORE - Karin Technology Holdings has a new substantial shareholder after an existing shareholder increased his stake in the company.

According to a filing with the Singapore Exchange on Monday (Jan 14), Ng Eng Seng acquired some 9.37 million shares worth around S$2.91 million via a market transaction.

This raised his stake from 3.654 per cent previously to 8.019 per cent.