Sanichi Technology
Posted: Tue Nov 11, 2014 7:35 amnot vested
Mah continues to accumulate Sanichi shares
KUALA LUMPUR (Nov 10): Sanichi Technology Bhd ( Financial Dashboard) continued to see substantial shareholder Mah Wee Hian @ Mah Siew Kung raising his stake in the company to almost 10% today.
He has been accumulating shares in the plastic mould designer and fabricator, since early October.
In a filing to Bursa Malaysia today, Sanichi said Mah acquired another 700,000 shares last Friday (Nov 7), increasing his direct stake in the company from 9.59% to 9.67% or 85.43 million shares.
Mah first emerged as a substantial shareholder in early October this year, via a subscription of ordinary rights shares of 75.27 million shares (equivalent to 8.15% stake).
Sanichi closed unchanged at 10.5 sen today with 5.05 million shares transacted, giving it a market capitalization of RM92.8 million.
Source: The Edge
Mah continues to accumulate Sanichi shares
KUALA LUMPUR (Nov 10): Sanichi Technology Bhd ( Financial Dashboard) continued to see substantial shareholder Mah Wee Hian @ Mah Siew Kung raising his stake in the company to almost 10% today.
He has been accumulating shares in the plastic mould designer and fabricator, since early October.
In a filing to Bursa Malaysia today, Sanichi said Mah acquired another 700,000 shares last Friday (Nov 7), increasing his direct stake in the company from 9.59% to 9.67% or 85.43 million shares.
Mah first emerged as a substantial shareholder in early October this year, via a subscription of ordinary rights shares of 75.27 million shares (equivalent to 8.15% stake).
Sanichi closed unchanged at 10.5 sen today with 5.05 million shares transacted, giving it a market capitalization of RM92.8 million.
Source: The Edge