Hartalega sees nearly 55m shares done off market

Managing director Kuan Mun Leong said the strategy put in place several years ago to drive organic growth was bearing fruit now.

The block of shares of the latex glove manufacturer represented 3.34% of its paid-up capital of 1.641 billion shares.

Hartalega Industries Sdn Bhd is the largest shareholder with 49.31% stake,  the Employees Provident Fund owns 6.95% stake while BNP Paribas Wealth Management holds 4.83%.