Sarine Technologies

[CityFarmer]

Any one knows who is Mr. Wang Yu Huei? Used to be substantial shareholder of Sarine, but has ceased to be as he disposed of around 3mn of shares which are all taken up by the directors of Sarine. CEO, exec-directors and non-exec directors have been buying shares over the past week..

Mr. Wang is from Asdew Acquisitions Pte Ltd, an very active PE company in Singapore. A brief of Asdew Acquisitions Pte Ltd below.

"Asdew Acquisitions Pte Ltd is an investment company incorporated in Singapore in 1999 which is predominantly owned by Mr Wang Yu Huei (“Mr Wang”). It invests mostly in listed equities, fixed income products and real estate products. Mr Wang was previously a director of Kim Eng Holdings Ltd from 1995 to 2004."