Daisy Ho, chairperson of SJM Holdings, has purchased approximately $3 million worth of company bonds through several transactions carried out in early March, according to disclosure filings submitted to the Hong Kong Stock Exchange.
The filings indicate that Ho acquired 6.5% senior notes due in 2031 issued by SJM International Limited, an affiliated company of SJM Holdings. The purchases were made between 6 March and 10 March through three separate transactions.
Ho purchased a total of $3 million in bonds according to disclosure filings filed with the Hong Kong Stock Exchange.
The first purchase took place on 6 March, when she acquired $1.5 million in notes at an average price of about $999.93 per $1,000 unit. A second transaction followed on 9 March, when Ho purchased $1 million in notes at an average price of roughly $989.11 per $1,000 unit.
The final transaction occurred on 10 March, when she bought an additional $500,000 in notes at an average price of around $995.29 per $1,000 unit.
Following these transactions, Ho’s interest in the debentures increased from zero to $3 million in principal value. The filings state that the bonds are held by Ho as a beneficial owner, meaning the investment was made personally rather than through a controlling entity.
