KUCHING: Sarawak tycoon Datuk Amar Abdul Hamed Sepawi has substantially trimmed his stake in SMTrack Bhd with the sale of a block at sharp discount to market price.
He disposed of 27.2 million shares at 5 sen each in an off-market deal on May 29. On that day, SMTrack closed 2 sen lower at 12.5 sen. The buyers of that block are not known.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!