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Notable Trade Major shareholder ups icapital.biz stake
by Cals Wed 08 Jul 2015, 01:30
Notable Trade
Major shareholder ups icapital.biz stake
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By Joshua Lim / theedgemarkets.com | July 7, 2015 : 3:16 PM MYT
KUALA LUMPUR (July 7): [size=14]City of London Investment Management Co Ltd has upped its stake in icapital.biz ([You must be registered and logged in to see this image.]Financial Dashboard) Bhd to 13.49% after acquiring 231,000 shares in the latter last week.
In a filing to Bursa Malaysia today, icapital.biz (fundamental: N/A; valuation: N/A) said City of London Investment owns a total of 18.89 million shares in icapital.biz after the purchase.
icapital.biz said City of London Investment had bought the shares on the open market between last Wednesday (July 1) and Friday (July 3).
Today, icapital.biz shares fell one sen or 0.4% at 3.06pm to RM2.26 for a market capitalisation of RM316.4 million.
A total of 11,700 shares changed hands.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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Major shareholder ups icapital.biz stake
[You must be registered and logged in to see this image.]
By Joshua Lim / theedgemarkets.com | July 7, 2015 : 3:16 PM MYT
KUALA LUMPUR (July 7): [size=14]City of London Investment Management Co Ltd has upped its stake in icapital.biz ([You must be registered and logged in to see this image.]Financial Dashboard) Bhd to 13.49% after acquiring 231,000 shares in the latter last week.
In a filing to Bursa Malaysia today, icapital.biz (fundamental: N/A; valuation: N/A) said City of London Investment owns a total of 18.89 million shares in icapital.biz after the purchase.
icapital.biz said City of London Investment had bought the shares on the open market between last Wednesday (July 1) and Friday (July 3).
Today, icapital.biz shares fell one sen or 0.4% at 3.06pm to RM2.26 for a market capitalisation of RM316.4 million.
A total of 11,700 shares changed hands.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
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