Founder Gnanalingam ups stake in Westports


PETALING JAYA: Westports Holdings Bhd, whose share price has displayed a lacklustre performance since its Oct 18 listing on Bursa Malaysia, saw founder and chairman Tan Sri G Gnanalingam buying 210,000 shares.

A filing with Bursa Malaysia showed he purchased the shares, or a 0.01% stake, from the open market for RM533,400 or an average price of RM2.54 on Nov 29, four sen above the offer price of RM2.50.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

CTOS, airasia academy team up to empower SMEs through strategic business education
Indonesia intervenes to stem rupiah's slide after currency hits 4-year low
Top-notch brands make beeline for Shanghai
Oil prices rise on China growth, Middle East tensions
UK wage growth slows slightly as Bank of England mulls rate cuts
Amundi to get 26% stake in Victory in exchange for US business
Gold hovers near record high on growing geopolitical concerns
Asian shares slide on US rate cut rethink, Middle East worries
Industry tracker: Samsung returns to top of the smartphone market
OpenAI comes to Asia with new office in Tokyo

Others Also Read