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.