Bursa Alert
Global Market
NewsNotable Trade IRIS Corp MD Tan Say Jim ups stake to 5.48%
Page 1 of 1
Notable Trade IRIS Corp MD Tan Say Jim ups stake to 5.48%
by Cals Tue 06 Jan 2015, 02:23
Notable Trade
IRIS Corp MD Tan Say Jim ups stake to 5.48%
KUALA LUMPUR (Jan 5): IRIS Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)'s co-founder and managing director Datuk Tan Say Jim has increased his stake in the company to 5.48% via a direct business transaction.
According to a filing on Bursa today, IRIS Corp, which is listed under the ACE Market, said Tan had acquired a block of 10 million shares, which represents a 0.49% stake in the group, at 26 sen on Dec 31, 2014 (last Wednesday).
Following the transaction, IRIS Corp said Tan effectively holds 111,733,233 direct shares in the company, with another 32,625,458 indirect shares that represent a 1.6% stake.
IRIS pioneered the world’s first electronic passport and national multi-application smart card, with the implementation of the Malaysian Electronic Passport in March 1998, and MyKAD — the Malaysian Government Multi Purpose Card — in April 2001.
Its counter saw strong interests in September last year, when it clinched the contract for the implementation of the goods and services tax tourist refund scheme from the Royal Malaysia Customs Department.
It was trading at 37 sen on Sept 18, 2014, but rose to 42 sen on Sept 22, before easing on profit taking. It slipped to an all-year-low of 22 sen on Dec 15.
It closed 6 sen or 22.64% higher at 32.5 sen today.
IRIS Corp MD Tan Say Jim ups stake to 5.48%
KUALA LUMPUR (Jan 5): IRIS Corp Bhd ([You must be registered and logged in to see this image.] Financial Dashboard)'s co-founder and managing director Datuk Tan Say Jim has increased his stake in the company to 5.48% via a direct business transaction.
According to a filing on Bursa today, IRIS Corp, which is listed under the ACE Market, said Tan had acquired a block of 10 million shares, which represents a 0.49% stake in the group, at 26 sen on Dec 31, 2014 (last Wednesday).
Following the transaction, IRIS Corp said Tan effectively holds 111,733,233 direct shares in the company, with another 32,625,458 indirect shares that represent a 1.6% stake.
IRIS pioneered the world’s first electronic passport and national multi-application smart card, with the implementation of the Malaysian Electronic Passport in March 1998, and MyKAD — the Malaysian Government Multi Purpose Card — in April 2001.
Its counter saw strong interests in September last year, when it clinched the contract for the implementation of the goods and services tax tourist refund scheme from the Royal Malaysia Customs Department.
It was trading at 37 sen on Sept 18, 2014, but rose to 42 sen on Sept 22, before easing on profit taking. It slipped to an all-year-low of 22 sen on Dec 15.
It closed 6 sen or 22.64% higher at 32.5 sen today.
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 Trade Iris disposes 30% stake in Versatile Creative for RM21m
» Notable Trade FIC disposes 10 mil Iris Corp shares in open market
» Notable Trade Johor Corp ups stake in E.A. Technique
» Highlight Notable Trade: Vincent Tan's Berjaya Corp ups stake in REDtone to 30.74%
» Notable Trade Berjaya Corp disposes of entire 8.43% stake in Magni-Tech
» Notable Trade FIC disposes 10 mil Iris Corp shares in open market
» Notable Trade Johor Corp ups stake in E.A. Technique
» Highlight Notable Trade: Vincent Tan's Berjaya Corp ups stake in REDtone to 30.74%
» Notable Trade Berjaya Corp disposes of entire 8.43% stake in Magni-Tech
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum