Ibraco MD increases stake via private vehicle


KUCHING: Ibraco Bhd managing director Chew Chiaw Han has upped his stake in the property developer with the purchase of 1.8 million shares or 1.42% in a married deal.

The acquisition via his private vehicle Hiap Ghee Seng Sdn Bhd was at an average price of RM1.86 apiece or nearly RM3.35mil on June 29. On that day, Ibraco lost 13 sen and closed at RM2.05 with volume of 8,000 shares.

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Business , East Malaysia , ibraco

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