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(Sharecast News) - A director of Asia-focused investment company Symphony International Holdings continued to ramp up his investment in the company on Friday, purchasing a further $200,000 of shares.
Anil Thadani, who serves as a director of Symphony International Holdings as well as the chairman of the investment manager Symphony Asia Holdings Pte, bought 500,000 shares at a price of $0.40 each.
The transaction was his eighth share purchase so far this year, with the director having now bought over 6.4m shares for a total of $2.52m. The share price hwas fallen around 16% over the year to date.
The latest purchase comes just a week after SIH's first-half results, which revealed the company had swung to a net loss of $13.6m over the six months to 30 June, compared with a $11.9m profit a year earlier. Net asset value fell to $0.83 a share from $0.88.
Top Director Buys
Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 500,000 @ $0.40
Value: $200,000.00
Entain (ENT)
Director name: Snape,Michael
Amount purchased: 24,013 @ 416.42p
Value: £99,994.93
Barr (a.g.) (BAG)
Director name: Shapland ,Darren
Amount purchased: 10,000 @ 574.86p
Value: £57,486.40
Tandem Group (TND)
Director name: Bragg,Simon
Amount purchased: 20,000 @ 170.00p
Value: £34,000.00
Ampeak Energy Limited Npv (di) (AMP)
Director name: Black,Duncan
Amount purchased: 750,000 @ 1.90p
Value: £14,250.00
Top Director Sells