By Goh Eng Yeow

BANKER Wee Cho Yaw has raised his total interests in Haw Par to above 30 per cent - the trigger for a mandatory takeover offer, yet none has been made so far.

Mr Wee, who holds the shares in various firms linked to him, crossed the key threshold nearly two weeks ago.

Haw Par told the Singapore Exchange last Friday that Wee Investments - an investment firm linked to Mr Wee - had bought 691,000 shares at an average price of $3.37923 each on Dec 5.

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