KUALA LUMPUR: SIME DARBY BHD [] shares slipped in late afternoon trade on Thursday, July 1 in the absence of any adverse news.
At 4.30pm, it is down 21 sen to RM7.79 with 7.4 million units done. The FBM KLCI is down 6.48 points to 1,307.54.
The Edge FinancialDaily reported Permodalan Nasional Bhd (PNB) has raised its stake in the country's largest conglomerate Sime Darby Bhd with the acquisition of 170 million shares, or a 2.8% stake, on June 23.
According to Sime Darby's filing on shareholding changes to Bursa Malaysia, PNB had 880.98 million shares, or a 14.66% stake, in Sime. It had a 11.83% stake in the group just a week earlier, on June 16.
In a recent statement, Sime said it had set up a China unit -- Sime Darby CEL Machinery (Xinjiang) Co. Lt -- to manufacture machinery for electricity generators sets, engines, agricultural machinery, special transportation machinery and relevant spare parts.
At 4.30pm, it is down 21 sen to RM7.79 with 7.4 million units done. The FBM KLCI is down 6.48 points to 1,307.54.
The Edge FinancialDaily reported Permodalan Nasional Bhd (PNB) has raised its stake in the country's largest conglomerate Sime Darby Bhd with the acquisition of 170 million shares, or a 2.8% stake, on June 23.
According to Sime Darby's filing on shareholding changes to Bursa Malaysia, PNB had 880.98 million shares, or a 14.66% stake, in Sime. It had a 11.83% stake in the group just a week earlier, on June 16.
In a recent statement, Sime said it had set up a China unit -- Sime Darby CEL Machinery (Xinjiang) Co. Lt -- to manufacture machinery for electricity generators sets, engines, agricultural machinery, special transportation machinery and relevant spare parts.
No comments:
Post a Comment