Notable Trade Compugates’ MD trims stake by 1.4%
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Notable Trade Compugates’ MD trims stake by 1.4%
Notable Trade
Compugates’ MD trims stake by 1.4%
By Levina Lim / theedgemarkets.com | December 9, 2014 : 6:46 PM MYT
KUALA LUMPUR (Dec 9): Compugates Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) managing director Goh Kheng Peow has disposed of 30 million shares or a 1.4% equity stake in the provider of imaging and ICT-based products.
A filing with Bursa Malaysia showed that Goh has sold the shares at 5 sen apiece through the open market.
This leaves Goh with a remaining 494.06 million shares or 23.1% equity stake in Compugates, with a direct shareholding of 18.01% and a 5.14% indirect shareholding in the company.
A week ago, Goh acquired 14 million shares in Compugates at 12 sen per share, and an additional 10 million shares at 8 sen per share, via off-market transactions.
[size=14]Compugates shares closed at half a sen or 10% higher at 5.5 sen today, giving it a market capitalisation of RM117.39 million. [/size]
Compugates’ MD trims stake by 1.4%
By Levina Lim / theedgemarkets.com | December 9, 2014 : 6:46 PM MYT
KUALA LUMPUR (Dec 9): Compugates Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) managing director Goh Kheng Peow has disposed of 30 million shares or a 1.4% equity stake in the provider of imaging and ICT-based products.
A filing with Bursa Malaysia showed that Goh has sold the shares at 5 sen apiece through the open market.
This leaves Goh with a remaining 494.06 million shares or 23.1% equity stake in Compugates, with a direct shareholding of 18.01% and a 5.14% indirect shareholding in the company.
A week ago, Goh acquired 14 million shares in Compugates at 12 sen per share, and an additional 10 million shares at 8 sen per share, via off-market transactions.
[size=14]Compugates shares closed at half a sen or 10% higher at 5.5 sen today, giving it a market capitalisation of RM117.39 million. [/size]
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