PETALING JAYA: Cypark Resources Bhd
has announced the emergence of a new substantial shareholder in Chung Dao, who has a 5.5% stake or 42.97 million shares after acquiring 40 million shares on Sept 14.
In a filing with Bursa Malaysia, the renewable energy and solid waste management company said the acquisition of the shares occurred the day Chung Chee Yang ceased to be a substantial shareholder after disposing of 40 million shares.
This left him with 37.43 million shares or a 4.77% stake in the company.
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