Hot Stock DKSH jumps 4.86% after EPF emerges substantial shareholder
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Hot Stock DKSH jumps 4.86% after EPF emerges substantial shareholder
- Hot Stock
[size=28]DKSH jumps 4.86% after EPF emerges substantial shareholder
By Surin Murugiah / theedgemarkets.com | June 17, 2016 : 10:45 AM MYTKUALA LUMPUR (June 17): DKSH Holdings (Malaysia) Bhd's shares jumped 4.86% at mid-morning today after the Employees Provident Fund (EPF) emerged as a substantial shareholder in DKSH with a 5.02% stake.
At 10.01am, DKSH rose 18 sen to RM3.88 with 22,800 shares done.
In a filing to Bursa Malaysia yesterday (June 16), DKSH said EPF is now holding 7.91 million shares or a 5.02% stake in the company, following the latest acquisition.
According to the filing, EPF had acquired 371,100 shares on June 9, for an undisclosed amount.
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