Hexza buys 50,000 Arm shares for RM29.5mil as investment


KUALA LUMPUR: Hexza Corp Bhd has acquired 50,000 ordinary shares of Arm Holdings PLC for RM29.5mil cash in the open market on the Nasdaq Stock Market.

In a filing with Bursa Malaysia, Hexza said the acquisition is non-operational in nature and is undertaken mainly as an alternative to fixed deposits, money market financial products, and unit trusts.

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Hexza , Arm , Nasdaq , investment

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