Friday, April 1, 2011

PW Consolidated emerges as substantial shareholder in DBE Gurney

KUALA LUMPUR: Penang-based PW Consolidated has emerged as a substantial shareholder in DBE Gurney Resources Bhd with a 6.68% stake.

A filing with Bursa Malaysia on Friday, April 1 showed it received 45 million shares in the poultry-based company as settlement of debts.

DBE rose 0.5 sen to 13 sen with 42.49 million shares done at midday.

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