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Notable Trade Chen Khai Voon ceases to be substantial shareholder of Tambun Indah

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Notable Trade Chen Khai Voon ceases to be substantial shareholder of Tambun Indah Empty Notable Trade Chen Khai Voon ceases to be substantial shareholder of Tambun Indah

Post by Cals Tue 07 Oct 2014, 23:37

Notable Trade Chen Khai Voon ceases to be substantial shareholder of Tambun Indah
Business & Markets 2014
Written by Shalini Kumar of theedgemalaysia.com   
Tuesday, 07 October 2014 18:21

KUALA LUMPUR (Oct 7): Chen Khai Voon has ceased to be a substantial shareholder in Tambun Indah Land Bhd, following the disposal of 188,700 shares today. 

According to Bursa filings, Chen has been steadily disposing of some 1.8 million shares in several blocks since Sept 26. 

Following his most recent disposal, Chen now holds a 0.04% stake in the real estate development company, based on its issued and paid up capital of 411.3 million shares. 

Tambun Indah Land closed 10 sen down at RM2.37, with a market capitalisation of RM974.9 million.

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