NOL chief executive Ron Widdows sells 27pc of his NOL stock

SINGAPORE's Neptune Orient Lines (NOL) chief executive Ron Widdows sold 27 per cent of his stock in the company on December 29, earning US$341,000 at $1.71 a share, reported London-based Tradewinds.

Mr Widdows sold 200,000 NOL shares, the company declared in a filing to the Singapore Exchange. The sale was made after NOL stock reached yearly high at the end of December, buoyed by a resurgent container shipping market and positive outlooks from analysts. He retains more than 553,000 shares in the company, the report said.
(Source:www.schednet.com)