Azure Capital Acquires 7.3% Stake in Trek 2000 International From Founder Ron Sim

Deal Summary

Fund manager Azure Capital bought 22,074,000 shares (7.3% of issued capital) of Trek 2000 International from founder Ron Sim for over S$2.6 million, completing the transaction on Tuesday. The deal makes Azure Capital a substantial shareholder and reduces Sim’s holding to 2%. The acquisition was disclosed in a bourse filing on May 28, 2026.