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Notable trades BLand's unit sells 2.07 mil shares in TMC Life Sciences

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Notable trades BLand's unit sells 2.07 mil shares in TMC Life Sciences Empty Notable trades BLand's unit sells 2.07 mil shares in TMC Life Sciences

Post by Cals Fri 08 Aug 2014, 03:09

Notable trades BLand's unit sells 2.07 mil shares in TMC Life Sciences
Business & Markets 2014
Written by theedgemalaysia.com   
Thursday, 07 August 2014 16:34

KUALA LUMPUR (Aug 07): Selat Makmur Sdn Bhd, an indirect subsidiary of Berjaya Land Bhd (BLand), sold 2.07 million shares or 0.26% stake in TMC Life Sciences Bhd on Aug 01, a filing to Bursa Malaysia revealed today.

The disposal was made through open market transaction, at an undisclosed price.

Selat Makmur has trimmed its holdings in TMC to 41.13 million shares or 5.1%, after the disposal. Nevertheless, BLand, through other vehicles, continues to own a total of 124.24 million shares or 15.48% in TMC.

TMC's share price has risen from 42.5 sen in the begining of July, to hit a high of 48.5 sen early this month. It was traded at 46.5 sen as at 4:12pm today.
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