Yongnam: Substantial shareholder increased stake.

Delta Lloyd Asset Management on 31 October 2013 bought 1,231,000 shares.

Price? 24.08c a piece.

They now have a total of 115,089,000 shares or a 9.08% interest.

I first made mention of Delta Lloyd Asset Management in the comments section of my blog in January this year and it seems that they have been a persistent buyer. I have probably missed quite a few instances of buying by them since then.

See my comments on their buying activities as well as their rationale for investing in Yongnam (translated from Dutch to English): here.

Related post:
Yongnam: Profit guidance.

Be rewarded for opening an SRS account!

I have blogged about the benefits of having an SRS account many times before and if you do not yet have an SRS account, you might want to think of starting one.

Click to enlarge.

If you are thinking of starting one before the end of the year to save on income tax payable next year, you might want to consider OCBC's offer.

First 2,000 customers to open a new OCBC SRS account with at least $8,000 will get a $30 Robinsons shopping voucher!

I love a good deal and I love sharing the news too.

Related posts:
1. SRS: A brief analysis.
2. Ways to reduce income tax.
3. Don't see money, won't spend money.

Not an advertorial.