Ni Hsin Resources

Ni Hsin Resources

Postby winston » Mon Nov 03, 2014 9:34 pm

not vested

Cookware manufacturer Bhd Ni Hsin Resources ( Financial Dashboard) announced today that Pelaburan MARA Bhd had on Oct 30 purchased a 5.2% stake in the company, becoming a substantial shareholder.

Ni Hsin also stated in a separate announcement today that Hsiao Chih Che, who is an executive director and substantial shareholder in the company, had disposed off 11.83 million Ni Hsin shares for a disposal price of 36 sen per share, bringing the total disposal consideration to RM4.26 million.

Source: The Edge
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