CCHH CEO Goh Kok E Planning to Purchase Up to $30 Million Shares

MT Newswires Live07-08

CCHH (CCHH) chief executive officer Goh Kok E and his investors plan to purchase $10 million to $30 million shares of the company, at a purchase price of at least $1 per share, over the next twelve months, the company said on Wednesday.

The buyers intend to use their personal funds for the purchases, which remain subject to market conditions and other factors, the company said.

Proceeds will be used to support CCHH's ongoing three-year strategic development plan, covering restaurant franchise network expansion and its pursuit of strategic opportunities, among others, the company added.

Price: 0.34, Change: -0.01, Percent Change: -2.77

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