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NewsNotable trade PUC Founder major shareholder sells 15.2 million shares
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Notable trade PUC Founder major shareholder sells 15.2 million shares
by Cals Tue 09 Sep 2014, 02:22
| Notable trade PUC Founder major shareholder sells 15.2 million shares |
| Business & Markets 2014 |
| Written by theedgemalaysia.com |
| Monday, 08 September 2014 19:34 KUALA LUMPUR: PUC Founder (MSC) Bhd's major shareholder Cheong Chia Chieh has sold 15.2 million shares on the open market. A filing to Bursa Malaysia shows that Cheong, through his investment vehicle RedHot Media International Ltd, has sold 15.2 million, of which 11.2 million shares were sold at 21.5 sen last Wednesday and the remaining four million at 26 sen last Thursday. PUC Founder's share price has staged a strong rebound, climbing from 14 sen in late May to a high of 25 sen in mid-August. The stock closed at 23 sen, up one sen from last Friday's close with 8.81 million shares changing hands. |
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