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NewsMenang Corp director buys 25m shares from open market
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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.
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