Chairman Lim Kian Onn picked up where he left off in e-Commerce system services provider Plato Capital Limited (5PI-PLC.SP) [MKT CAP 21.4M] in September with 34,000 shares purchased from October 5 to 6 at $0.11 each [AI SCORE 1.6]. The trades increased his deemed holdings to 97.978 million shares or 50.32% of the issued capital. He previously acquired 278,000 from August 12 to September 20 at $0.086 to $0.11 each or an average of $0.109 each. The acquisitions since August are the Chairman's first on-market trades in since the stock was listed in June 2000 on SGX Sesdaq. The purchases were made on the back of the rebound in the share price since July from $0.046. Despite the rebound in the share price, the counter is still down since June 2012 from $0.25. The Company announced on August 11 a 1H loss of $7.333 million for the 6 months to 30 June 2016 versus a profit of $4.337 million in the same period last year. The counter was trading at $0.11 on October 12 (Asia Insider News Oct 12, 2016).
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