According to Bursa Malaysia filings, chairman and managing director Heng Song Khoon hived off six million shares, or a 8.32% stake, to PMB in an off-market transaction on July 22 at RM2.70.. - File pic
PETALING JAYA: Pelaburan Mara Bhd (PMB) is increasing its stake in BHS Industries Bhd up to 18% from its current 8.3%, as the printing services company plots its diversification into renewable biomass and property development ventures.
As a strategic investor with a bigger stake, PMB would play a crucial role in helping to accelerate BHS’ expansion plans, sources said.
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