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Vmoto managing director buys another $43,000 worth of shares

The shares were purchased for 5.5 cents between 26-29 June 2018.
market concept with word 'shareholder' overlayed
The company manufactures and sells electric scooters

Vmoto Ltd (ASX:VMT) managing director Charles Chen continues to buy up shares in the company having recently purchased another 781,506 shares.

The on-market trades totalled about $42,982 and increased his total holding to 14.14 million shares.

READ: Vmoto's managing director acquires further shares on-market

This latest purchase disclosure is Chen’s fifth since May 2018.

Vmoto manufactures and sells electric scooters and has a focus on high margin international markets.

The company sells these products to consumers (B2C) and businesses (B2B).

Three primary brands

Vmoto operates through three primary brands:

• Vmoto - Vmoto’s own brand, aimed at the value market in Asia;
• E-Max - Another Vmoto proprietary brand, targeting the international B2B markets with a high-end premium product; and
• Super Soco -  A third party brand Vmoto markets into international B2C markets.

As well as operating under these brands, the company also manufactures for a number of customers on an original equipment manufacturer basis.

View full VMT profile View Profile

Vmoto Ltd Timeline

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