KUALA LUMPUR: Utusan Melayu (Malaysia) Bhd executive chairman Datuk Abd Aziz Sheikh Fadzir has emerged as the single largest shareholder in the newspaper publisher when he acquired a 31.6% stake on Friday.
A filing with Bursa Malaysia showed he acquired the stake, comprising of 35 million shares, at 19 sen each, for a total of RM6.65mil. This was 7.5 sen or 65.2% over the current price of 11.5 sen.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
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!