Only World Group

Only World Group

Postby winston » Thu Feb 25, 2016 7:28 am

not vested

EPF buys 12.43 million shares in Only World

PETALING JAYA: The Employees Provident Fund has acquired 12.43 million shares in Only World Group Holdings Bhd (OWG), taking its stake in the company to 5.1%.

In a note to Bursa Malaysia yesterday, OWG, an operator of food outlets, water amusement parks, retail service outlets and other family attractions, said the shares were acquired on Feb 18.

The stock finished three sen higher to RM2.49 yesterday.

Last Friday, the company reported a net profit of RM5.33mil on sales of RM28.35mil for its second quarter ended Dec 31, 2015.

OWG was listed on Bursa Malaysia in late 2014 at an issue price of 88 sen. It had raised close to RM50mil via that initial public offering.

In December 2012, the company won a tender to revitalise the 65-storey iconic Komtar tower, a project mooted by the state government.

Source: The Star
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