Monday, June 13, 2011

MWE buys RM98m of quoted securities

KUALA LUMPUR: MWE HOLDINGS BHD [] bought acquired RM98.12 million of quoted securities from Sept 2, 2010 to June 10 this year.

Disclosing the purchases on Monday, June 13, it said the total cost represented''24.74%''of MWE group's net assets as at Dec 31, 2010.

As at June 10, it said the total cost of its acquisitions was RM121.08 million while the book value was RM203.84 million.

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