Thursday, September 2, 2010

Genting chairman reduces stakes in Genting, GentingM

KUALA LUMPUR: Genting Group chairman and chief executive Tan Sri Lim Kok Thay reduced his shareholdings in GENTING BHD [] and Genting Malaysia Bhd.

A filing with Bursa Malaysia showed he disposed of 169,000 shares of Genting Bhd at RM9.01 apiece on Aug 27 and another 100,000 shares on Aug 30 at RM9.41 each.

This saw him reducing his direct interest in Genting Bhd to 10.1 million shares or 0.273%.

In Genting Malaysia, a filing showed he disposed of 160,000 shares on Aug 27 at RM3 a piece and 100,000 shares on Aug 30 at RM3.01 apiece.

The recent transactions saw his direct interest in Genting Malaysia reduced to 1.4 million shares or 0.024%.


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