Wang & Lee Group Stock Soars 16.98% on Insider Buying, Share Combination Plan

On July 30, 2025, Wang & Lee Group's stock surged by 16.98% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

One of the key factors contributing to this surge is the recent insider buying activity. A director of Wang & Lee Group purchased 1,060 shares in the open market, which, although a modest amount, signals confidence in the company's valuation and future prospects. This purchase increases the director's direct ownership to 6,999 shares, reducing concerns about potential selling pressure and aligning management interests with those of shareholders.

Additionally, the company announced a share combination plan on July 28, 2025. This plan involves combining 250 ordinary shares into one, which will reduce the total number of issued and outstanding Class A shares from 174,679,566 to approximately 698,718. This move is expected to simplify the share structure and potentially enhance liquidity, further bolstering investor confidence.