FOR the week of Feb 2 to 5, some of the notable changes in shareholding occurred at
Dolomite Corp Bhd, which has interests in quarrying, the manufacturing of building materials, construction and property development.
Privately held Fadzilah & Fikri Sdn Bhd, a registered valuer, real estate agent, property manager and auctioneer, surfaced as a substantial shareholder in Dolomite, with 45 million shares, or a 10.88% stake, in the company. The shares issued to Fadzilah & Fikri are part of a settlement agreement.
To recap, in February last year, Dolomite was instructed by the High Court to pay RM35.46 million to Fadzilah & Fikri after it failed to set aside a summary judgement. Dolomite was initially appealing the High Court decision.