EA Technique Bhd

EA Technique Bhd

Postby winston » Fri Dec 19, 2014 7:15 am

not vested

Substantial shareholder Johor Corp has upped its stake in shipping firm EA Technique Bhd by acquiring 14.8 million shares or a 2.9% stake.

Following the purchase, the Johor investment arm now holds 269.8 million shares or a 53.5% equity stake in the firm.

The transaction was completed on Dec 11, the same day the firm debuted on the Main Market of Bursa Malaysia.

EA Technique shares closed up 2 sen to 49.5 sen today, bringing a market capitalisation of RM241.92 million.

Source: The Edge
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