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Gamuda director's son raises stake in Bina Puri to 9.52% (Update)

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Gamuda director's son raises stake in Bina Puri to 9.52% (Update) Empty Gamuda director's son raises stake in Bina Puri to 9.52% (Update)

Post by Cals Wed 25 Sep 2013, 17:02

Published: Wednesday September 25, 2013 MYT 12:00:00 AM
Updated: Wednesday September 25, 2013 MYT 3:09:57 PM
Gamuda director's son raises stake in Bina Puri to 9.52% (Update)

PETALING JAYA: Gamuda Bhd director Datuk Ng Kee Leen’s son, Ng Keong Wee, has raised his stake in Bina Puri Holdings Bhd to 9.52% yesterday from 5.7% about two weeks ago.

The junior Ng, 28, is speculated to lead construction firm’s property business going forward.

He bought another six million shares at RM1 apiece through a private placement, a stock exchange filing showed.

The price of the shares he bought was a 38.89% premium to the stock’s last done price of 72 sen.
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