Cashflow Budget pares down stake in NWP


KUALA LUMPUR: Cashflow Budget Sdn Bhd pared down its stake in timber products company NWP Holdings Bhd after the sale of 24.20 million shares on Thursday.

A filing with Bursa Malaysia showed Cashflow Budget disposed of the 7.56% stake for 25 sen each in the market.

After the sale, its shareholding was reduced to three million shares.

NWP's chief executive officer, Wong See Ming has an indirect interest in Cashflow Budget where he is a director.
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