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Corporate News

Jakel emerges as substantial shareholder of Cypark with 27.33% stake

KUALA LUMPUR: Jakel Capital Sdn Bhd has emerged as a substantial shareholder of Cypark Resources Bhd, with a 27.33% direct and indirect stake.

In a filing with Bursa Malaysia, Cypark said it had completed its placement of 176.64 million new shares for RM67.1mil to Jakel.

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Jakel , Cypark , Jakel Capital , private placement , Muhammad Ashraf

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