Notable Trade KC Yeow buys 1 mil shares in SapuraKencana today
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Notable Trade KC Yeow buys 1 mil shares in SapuraKencana today
Notable Trade KC Yeow buys 1 mil shares in SapuraKencana today |
Business & Markets 2014 |
Written by theedgemalaysia.com |
Tuesday, 07 October 2014 18:11 KUALA LUMPUR (Oct 7): Oil and gas industry veteran Yeow Kheng Chew has purchased 1 million shares in SapuraKencana Petroleum Bhd today, further raising his direct interest in the company to 23.18 million shares or a 0.39% stake. Yeow and business partner Datuk Mokhzani Mahathir relinquished their management roles as executive directors in SapuraKencana in January this year, to focus on other investment opportunities in the oil and gas sector. He remains a non-executive director in SapuraKencana. SapuraKencana fell 20 sen or 4.93% today to close at RM3.86, with a market capitalisation of RM24.15 billion. The stock has fallen some 22% since hitting its 52-week high of RM4.96 in December 2013. |
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