YHI International managing director Richard Tay has again increased his stake in the tyre and alloy-wheel supplier, buying 50,000 shares at $1 apiece in the open market.

Mr Tay, whose family controls the company, has bought 250,000 YHI shares in the open market so far this month, raising his stake to 61.92 per cent from 61.82 per cent. YHI shares were down one cent, or one per cent, at 98.5 cents yesterday.

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The Business Times