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NewsTabung Haji ups Glomac stake to 7.58%
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Tabung Haji ups Glomac stake to 7.58%
by Cals Wed 25 Sep 2013, 17:01
Published: Wednesday September 25, 2013 MYT 1:18:00 PM
Updated: Wednesday September 25, 2013 MYT 1:31:00 PM
Tabung Haji ups Glomac stake to 7.58%
KUALA LUMPUR: Lembaga Tabung Haji has stepped its purchase of property-based Glomac Bhd and increased its shareholding to 7.58% or 55.148 million shares.
A filing with Bursa Malaysia on Wednesday showed the pilgrimage fund had acquired 7.78 million shares from Sept 3 to 19.
The share price traded between RM1.10 and RM1.16 during the period.
On Monday, Glomac announced net profit of RM24.13mil in the first quarter ended July 31, 2013, up 14.9% from the RM20.99mil a year ago underpinned by the company's record sales performance.
Itss group executive chairman Tan Sri F.D. Mansor said on Monday unbilled sales were at RM852mil and plans were underway to launch RM1.38bil of projects.
Updated: Wednesday September 25, 2013 MYT 1:31:00 PM
Tabung Haji ups Glomac stake to 7.58%
KUALA LUMPUR: Lembaga Tabung Haji has stepped its purchase of property-based Glomac Bhd and increased its shareholding to 7.58% or 55.148 million shares.
A filing with Bursa Malaysia on Wednesday showed the pilgrimage fund had acquired 7.78 million shares from Sept 3 to 19.
The share price traded between RM1.10 and RM1.16 during the period.
On Monday, Glomac announced net profit of RM24.13mil in the first quarter ended July 31, 2013, up 14.9% from the RM20.99mil a year ago underpinned by the company's record sales performance.
Itss group executive chairman Tan Sri F.D. Mansor said on Monday unbilled sales were at RM852mil and plans were underway to launch RM1.38bil of projects.
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