Notable Trade PNB re-emerges substantial shareholder of UMW
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Notable Trade PNB re-emerges substantial shareholder of UMW
Notable Trade PNB re-emerges substantial shareholder of UMW |
Business & Markets 2014 |
Written by Supriya Surendran of theedgemalaysia.com |
Tuesday, 30 September 2014 18:45 KUALA LUMPUR (Sept 30): Permodalan Nasional Bhd (PNB) has re-emerged as a substantial shareholder of UMW Holdings Bhd, with a direct interest of 68.3 million shares or a 5.85% stake as at Sep 25, 2014. Earlier on Sept 17, PNB had 10 million shares in UMW and ceased to be a substantial shareholder. It is worth noting that AmanahRaya Trustees Bhd – Skim Amanah Saham Bumiputera, which is managed by PNB, owns another 450 million shares or 38.52% stake in UMW. UMW closed 34 sen or 2.85% higher at RM12.26 today, giving it a market capitalisation of RM14.32 billion. |
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