Bursa Alert
Global Market
NewsMenang Corp director buys 25m shares from open market
Page 1 of 1
Menang Corp director buys 25m shares from open market
by hlk Thu 29 Dec 2011, 18:30
KUALA LUMPUR (Dec 29): Menang Corporation Bhd independent director Prof
Dr. Christopher Shun Kong Leng has emerged as a substantial shareholder
with 25 million shares or 9.36%.
A filing with Bursa Malaysia on
Thursday said he acquired the shares from the open market as at Dec 23.
The shares were disposed at 20 sen each by the major shareholders of
Menang.
Shun is the son of Menang group managing director and group chief executive officer Datuk Shun Leong Kwong.
According to the company's website, he was appointed to the board of
Menang on February 25, 1991 and was made executive director in April,
1991.
Subsequently, he was appointed group executive director on
Jan 1, 1992 and he was promoted to deputy group managing director on
July 1, 2005.
On Dec 31, 2007, was re-designated non-executive director. He is also a member of the company's remuneration committee.
Dr. Christopher Shun Kong Leng has emerged as a substantial shareholder
with 25 million shares or 9.36%.
A filing with Bursa Malaysia on
Thursday said he acquired the shares from the open market as at Dec 23.
The shares were disposed at 20 sen each by the major shareholders of
Menang.
Shun is the son of Menang group managing director and group chief executive officer Datuk Shun Leong Kwong.
According to the company's website, he was appointed to the board of
Menang on February 25, 1991 and was made executive director in April,
1991.
Subsequently, he was appointed group executive director on
Jan 1, 1992 and he was promoted to deputy group managing director on
July 1, 2005.
On Dec 31, 2007, was re-designated non-executive director. He is also a member of the company's remuneration committee.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Notable Trade Wah Seong group CEO buys more shares from open market
» Notable Trade FIC disposes 10 mil Iris Corp shares in open market
» SMPC Corp sees shares crossed sharply below market price (7099)
» Menang Corp's 3Q profit soars 82% to RM20.8 mil
» Menang Corp sees 4.49% stake crossed at 22c each
» Notable Trade FIC disposes 10 mil Iris Corp shares in open market
» SMPC Corp sees shares crossed sharply below market price (7099)
» Menang Corp's 3Q profit soars 82% to RM20.8 mil
» Menang Corp sees 4.49% stake crossed at 22c each
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum