Mara unit buys 5% stake in Sanichi Technology


KUALA LUMPUR: Pelaburan Mara Bhd (PMB), the strategic investment and asset management arm of Majlis Amanah Rakyat, has bought a 5.14% stake or 18 million shares in Sanichi Technology Bhd on Tuesday.

The 100% government-owned company purchased the shares in Sanichi from the open market, at an estimated 11.5 sen per share.

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!

Business , Pelaburan Mara Bhd

   

Next In Business News

Yen surges on suspected intervention, Asia shares rise
Nestle Malaysia registers resilient 1Q amid cautious consumer spending
Proton opens R&D facility at Hangzhou Bay, China
LPI Capital's 1Q net profit jumps 37%
Bursa ends early session on an uptrend
Act now to stay afloat
Plug the leaks
Oil prices pare gains on U.S. inflation concerns
Ringgit opens easier against US$ as investors await cues
TotalEnergies states commitment to increase investment in Malaysia's upstream O&G sector - Anwar

Others Also Read