Bursa Alert
Global Market
NewsLim Nyuk Foh buys 11.5 million shares in Priceworth
Page 1 of 1
Lim Nyuk Foh buys 11.5 million shares in Priceworth
by Cals Thu 23 Oct 2014, 22:42
Notable Trade
Lim Nyuk Foh buys 11.5 million shares in Priceworth
By Tang Wei Lynn / TheEdge Markets.com | October 23, 2014 : 7:10 PM MYT
KUALA LUMPUR: Lim Nyuk Foh, founder and managing director of Priceworth International Bhd ( Financial Dashboard), has acquired 11.5 million shares in the company today, bringing his stake to 11.78% or 48.34 million shares.
A filing with Bursa Malaysia revealed that Lim purchased the shares on the open market.
Priceworth — which manufactures and sells processed wood products, distributes and trades log timber — traded between 19 to 20 sen today.
Lim has been keeping busy. He was appointed managing director of Bertam Alliance Bhd ( Financial Dashboard) on Oct 17, and non-independent and non-executive director of Sarawak Consolidated Industries Bhd ( Financial Dashboard) on Oct 20.
For the full year ended June 30, 2014 (FY14), Priceworth’s net loss narrowed to RM13.7 million, compared with RM56.9 million in FY13. Revenue however came in lower at RM166.3 million, versus RM188.4 before.
Priceworth closed up one sen or 5.26% today at 20 sen, giving it a market capitalization of RM75.56 million.
Lim Nyuk Foh buys 11.5 million shares in Priceworth
By Tang Wei Lynn / TheEdge Markets.com | October 23, 2014 : 7:10 PM MYT
KUALA LUMPUR: Lim Nyuk Foh, founder and managing director of Priceworth International Bhd ( Financial Dashboard), has acquired 11.5 million shares in the company today, bringing his stake to 11.78% or 48.34 million shares.
A filing with Bursa Malaysia revealed that Lim purchased the shares on the open market.
Priceworth — which manufactures and sells processed wood products, distributes and trades log timber — traded between 19 to 20 sen today.
Lim has been keeping busy. He was appointed managing director of Bertam Alliance Bhd ( Financial Dashboard) on Oct 17, and non-independent and non-executive director of Sarawak Consolidated Industries Bhd ( Financial Dashboard) on Oct 20.
For the full year ended June 30, 2014 (FY14), Priceworth’s net loss narrowed to RM13.7 million, compared with RM56.9 million in FY13. Revenue however came in lower at RM166.3 million, versus RM188.4 before.
Priceworth closed up one sen or 5.26% today at 20 sen, giving it a market capitalization of RM75.56 million.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Notable Trades Chin Well MD buys 21.53 million shares
» YTL buys back 17.9 million of its own shares for RM36.5mil (4677)
» Highlight Takaso buys Dynavance for RM9.5 million cash
» Scientex buys packaging firm for RM40 million
» FoundPac to issue 40 million new shares via IPO
» YTL buys back 17.9 million of its own shares for RM36.5mil (4677)
» Highlight Takaso buys Dynavance for RM9.5 million cash
» Scientex buys packaging firm for RM40 million
» FoundPac to issue 40 million new shares via IPO
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum