Wan Azmi sells 3.75m Rohas Tecnic shares

Rohas Tecnic Bhd director Tan Sri Wan Azmi Wan Hamzah

KUALA LUMPUR: Rohas Tecnic Bhd director Tan Sri Wan Azmi Wan Hamzah has reduced his shareholding in the company after the disposal of 3.75 million shares on Jan 2.

A filing with Bursa Malaysia Bhd on Monday showed that after the disposal, his direct  stake was reduced to 50.05 million shares or 10.59%.

He is also deemed interest in 156.74 million shares or 33.16%. 

In total, his direct and indirect stake is 206.79 million shares or 43.75%.

Rohas Tecnic - which is a product of a reverse takeover (RTO) of Tecnic Group Bhd by Rohas-Euco Industries Bhd (REI) - is principally involved in the fabrication of steel towers used for power transmission and telecommunications.

Wan Azmi was the key figure who led REI to undertake an RTO on Tecnic in 2015 that eventually led the formation of the current Rohas Tecnic.