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Given that LOFC will be the remaining Financial Institution under LOL Group after the Amalgamation it is speculated that the crossings of LOFC Shares indicate a major structuring and announcement which is most likely the public offering of LOCH and Listing of LOLC Asia in Singapore which was due in Dec 2021.
LOCH and LOLC Asia are the major shareholders of LOFC amounting to almost 95% of Shareholding per the most recently published quarterly report.
LOCH and LOLC Asia are the major shareholders of LOFC amounting to almost 95% of Shareholding per the most recently published quarterly report.