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Mirzan Mahathir sold all shares in AHB

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Mirzan Mahathir sold all shares in AHB Empty Mirzan Mahathir sold all shares in AHB

Post by Cals Mon 28 Oct 2013, 19:37

Mirzan Mahathir sold all shares in AHB
Business & Markets 2013
Written by Cynthia Blemin of theedgemalaysia.com   
Monday, 28 October 2013 18:56
KUALA LUMPUR (Oct 28): Mirzan Mahathir, a son of former Prime Minister Tun Dr Mahathir Mohamad, has sold off all his shares in AHB Holdings Bhd.

Mirzan, who was a substantial shareholder of AHB, ceased to be a substantial shareholder of AHB after disposing his 6.85% stake via direct business transactions, AHB told Bursa Malaysia today.

He has indirect holding of 3,294,720 shares via his deemed interest in Iskandar Holdings Sdn Bhd. The shares were disposed at 15 sen each.

Mirzan, the chairman of AHB, has been on the board of AHB since March 13, 1996.

In a separate announcement, Dexx Technologies Sdn Bhd today emerged to become a substantial shareholder of AHB after acquiring a 19.43% stake.

The firm bought 9,352,282 shares at 20 sen each, via direct business transaction deals.

The transactions were recorded over the span of three days starting from October 22, 2013.
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