Semi-Tech chief in placement

PUBLISHED : Wednesday, 12 August, 1998, 12:00am
UPDATED : Wednesday, 12 August, 1998, 12:00am

Semi-Tech (Global) chairman James Henry Ting has bought 106 million new shares in the firm at 40 cents each and at the same time placed out 100 million of his own holding at the same price to independent institutional investor Multi-Connection.