Notable Trade Lembaga Tabung Haji emerges as substantial shareholder in UEM Sunrise
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Notable Trade Lembaga Tabung Haji emerges as substantial shareholder in UEM Sunrise
Notable Trade
Lembaga Tabung Haji emerges as substantial shareholder in UEM Sunrise
By Supriya Surendran / theedgemarkets.com | December 10, 2014 : 6:14 PM MYT
KUALA LUMPUR (Dec 10): Lembaga Tabung Haji has emerged as a substantial shareholder in UEM Sunrise Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), the master developer of Nusajaya, which is one of five flagship zones in Iskandar Malaysia.
A filing with Bursa Malaysia today revealed that the Malaysian hajj pilgrim fund board had purchased 1.5 million UEM Sunrise shares on Dec 4 (last Thursday), thus increasing its shareholdings in the property developer to 227.148 million shares, which represents a stake of 5%.
Khazanah Nasional Bhd, the holding company of UEM Group Bhd, is the largest shareholder in UEM Sunrise, with an indirect interest, held through UEM Group of 66.06%; whereas the Employees Provident Fund (EPF) holds 5.14% in the property developer.
[size=14]UEM Sunrise’s share price, which was at RM2.29 a year ago, closed at RM1.59 today, after shedding 5 sen, giving it a market capitalisation of RM7.26 billion. [/size]
Lembaga Tabung Haji emerges as substantial shareholder in UEM Sunrise
By Supriya Surendran / theedgemarkets.com | December 10, 2014 : 6:14 PM MYT
KUALA LUMPUR (Dec 10): Lembaga Tabung Haji has emerged as a substantial shareholder in UEM Sunrise Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), the master developer of Nusajaya, which is one of five flagship zones in Iskandar Malaysia.
A filing with Bursa Malaysia today revealed that the Malaysian hajj pilgrim fund board had purchased 1.5 million UEM Sunrise shares on Dec 4 (last Thursday), thus increasing its shareholdings in the property developer to 227.148 million shares, which represents a stake of 5%.
Khazanah Nasional Bhd, the holding company of UEM Group Bhd, is the largest shareholder in UEM Sunrise, with an indirect interest, held through UEM Group of 66.06%; whereas the Employees Provident Fund (EPF) holds 5.14% in the property developer.
[size=14]UEM Sunrise’s share price, which was at RM2.29 a year ago, closed at RM1.59 today, after shedding 5 sen, giving it a market capitalisation of RM7.26 billion. [/size]
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