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Notable Trade Dr Yu increases stake in Imaspro to 15.3%
by Cals Wed 08 Apr 2015, 20:26
Notable Trade
Dr Yu increases stake in Imaspro to 15.3%
By Ahmad Naqib Idris / theedgemarkets.com | April 8, 2015 : 5:03 PM MYT
KUALA LUMPUR (April 8): Investor Datuk Dr Yu Kuan Chon has increased his stake in [size=14]Imaspro Corp Bhd ([You must be registered and logged in to see this image.]Financial Dashboard) to 12.24 million shares or 15.3% equity interest.
Dr Yu is the chairman and executive director of YNH Property Bhd and had emerged as a substantial shareholder in pesticides and agrochemicals manufacturer and distributor Imaspro (fundamental: 1.45; valuation: 0.8) last month.
Based on filings with the exchange, Yu acquired 1.77 million shares from the open market on March 23, and 567,704 shares on March 24.
To recap, Dr Yu emerged as a substantial shareholder in Imaspro with a 5.5% stake on March 16 this year, after acquiring an additional 1.33 million shares in the company.
At 4.16pm, Imaspro was down 5 sen at RM1.72, bringing its market capitalisation to RM137.6 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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Dr Yu increases stake in Imaspro to 15.3%
By Ahmad Naqib Idris / theedgemarkets.com | April 8, 2015 : 5:03 PM MYT
KUALA LUMPUR (April 8): Investor Datuk Dr Yu Kuan Chon has increased his stake in [size=14]Imaspro Corp Bhd ([You must be registered and logged in to see this image.]Financial Dashboard) to 12.24 million shares or 15.3% equity interest.
Dr Yu is the chairman and executive director of YNH Property Bhd and had emerged as a substantial shareholder in pesticides and agrochemicals manufacturer and distributor Imaspro (fundamental: 1.45; valuation: 0.8) last month.
Based on filings with the exchange, Yu acquired 1.77 million shares from the open market on March 23, and 567,704 shares on March 24.
To recap, Dr Yu emerged as a substantial shareholder in Imaspro with a 5.5% stake on March 16 this year, after acquiring an additional 1.33 million shares in the company.
At 4.16pm, Imaspro was down 5 sen at RM1.72, bringing its market capitalisation to RM137.6 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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