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Insider Moves: Hwa Tai Industries Bhd, Konsortium Transnasional Bhd, Kanger International Bhd, Opcom Holdings Bhd, Cheetah Holdings Bhd, Asian Pac Holdings Bhd

BETWEEN Feb 8 and 11, notable shareholding changes included those at Hwa Tai Industries Bhd, where Lim Kam Seng emerged as a substantial shareholder after purchasing 3.76 million shares or a 5.02% stake. As at May 31 last year, Lim held 550,000 shares or 0.73% equity interest in the biscuit manufacturer via RHB Capital Nominees Sdn Bhd. In the weeks leading up to the Lunar New Year, the counter rose 63.9% to 59 sen on Feb 11 from its Jan 18 close of 36 sen. Nadicorp Holdings Sdn Bhd disposed of 20 million shares or a 5% stake in Konsortium Transnasional Bhd (KTB), paring down its holding to 50.8 million shares or 12.6%. As at July 1 last year, Nadicorp which is KTB’s penultimate holding company and the vehicle of Nadicorp chairman Tan Sri Mohd Nadzmi Mohd Salleh was the second largest shareholder of KTB with 100.8 million shares or a 25.02% stake.

DNeX, TM, Kenanga Investment Bank, Widad, Chin Hin Property, Tomei, XOX, AwanTec, Maybank, PLS Plantations, QL Resources and Boilermech

KUALA LUMPUR (Feb 8): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Feb 9) include: Dagang NeXchange Bhd (DNeX), Telekom Malaysia Bhd (TM), Kenanga Investment Bank Bhd, Widad Group Bhd, Chin Hin Group Property Bhd, Tomei Consolidated Bhd, XOX Bhd, AwanBiru Technology Bhd (AwanTec), Malayan Banking Bhd (Maybank), PLS Plantations Bhd, QL Resources Bhd and Boilermech Holdings Bhd. A consortium led by Dagang NeXchange Bhd (DNeX) has won the bid to acquire semiconductor fabricating company SilTerra Malaysia Sdn Bhd from Khazanah Nasional Bhd. DNeX said Khazanah has informed DNeX that it had won its bid for the entire issued share capital of SilTerra, subject to the signing of a definitive agreement.

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