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HLCap free float stands at 10%

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HLCap free float stands at 10% Empty HLCap free float stands at 10%

Post by Cals Sat 27 Jul 2013, 11:31

Published: Saturday July 27, 2013 MYT 12:00:00 AM
Updated: Saturday July 27, 2013 MYT 7:19:54 AM
HLCap free float stands at 10%


PETALING JAYA: Hong Leong Capital Bhd’s (HLCap) public shareholding spread has risen to above the 10% threshold level needed to retain its trading status.

The free float was now 10.02%, according to an annoucement to Bursa Malaysia, meaning that trading in the banking group’s shares would not be suspended on Aug 12 as announced earlier.

Substantial shareholder Datuk Dr Yu Kuan Chon has been disposing of his shares on the open market over the past weeks. At last look, he held a direct stake of 8.272%.
Cals
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