William Cheng buys Lion shares

PETALING JAYA: Tan Sri William Cheng has acquired 33.5 million shares in Lion Industries Corp Bhd, representing 4.69% of the total issued and paid-up share capital of the company, from Megasteel Sdn Bhd, a company in which he has a substantial interest.

Lion Industries told Bursa Malaysia yesterday the acquisition was done at an exercise price of RM1.29 per share.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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