Redtone acquires 6.38% stake in HeiTech Padu for RM15.35mil

KUALA LUMPUR: Redtone Digital Bhd has emerged as a substantial shareholder in Heitech Padu Bhd upon acquiring a 6.38% stake for RM15.35mil or RM2.16 per share from the open market.

In a filing with Bursa Malaysia, Redtone noted the 7.1 million Heitech Padu shares were acquired from June 27 to Aug 23, funded with internally generated funds.