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.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Did you find this article insightful?


Next In Business News

Press Metal posts steady Q3 profit on favourable pricing
TH Plantations to complete sale of assets over next 12 months
Bitcoin plummets to 10-day low, dragging smaller cryptocurrencies down
IHH net profit bounce back thanks to patient volume recovery�
YTL Power posts higher Q1 net profit
Higher volume and better products mix lift JCY earnings�
Market jumps after Budget passed in parliament
Evergrande Property's Hong Kong IPO meets with lukewarm reception, raises US$1.8bil
Southeast Asia IPO proceeds buck downtrend to hit US$6.4bil as of mid-Nov
Japan shares end at over 29.5-year high as Nasdaq gains cheer tech stocks

Stories You'll Enjoy