JAG Capital has accepted a total of 164.68mil KUB shares, Maybank IB clarifies

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) today clarified that the total share acceptances received by JAG Capital Holdings Sdn Bhd from KUB Malaysia Bhd stand at 164.68 million as of March 18.

Maybank IB said in a statement today that a total of 163.81 million shares representing 29.44 per cent of KUB shares were completed and valid in all respects, while a further 865,735 KUB shares were still subject to verification.