KUALA LUMPUR: Land & General Bhd (L&G) founder Tan Sri Wan Azmi Wan Hamzah has ceased to be a substantial of the property group after he disposed of 3.81 million shares in May and reduced his total shareholding to 4.37%.
Filings to Bursa Malaysia showed he disposed of the shares in the open market from May 18 to 25, when the share price was trading between 45 sen and 46.4 sen.
He sold 415,000 shares on May 18 and 222,300 units the next day. He then disposed of 2.14 million shares on May 20 and 933,083 units on May 24.
He ceased to be a substantial shareholder when he sold 100,000 shares on May 25. His shareholding was reduced to 26.19 million shares or 4.37%.
Filings to Bursa Malaysia showed he disposed of the shares in the open market from May 18 to 25, when the share price was trading between 45 sen and 46.4 sen.
He sold 415,000 shares on May 18 and 222,300 units the next day. He then disposed of 2.14 million shares on May 20 and 933,083 units on May 24.
He ceased to be a substantial shareholder when he sold 100,000 shares on May 25. His shareholding was reduced to 26.19 million shares or 4.37%.
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