Thursday, August 4, 2011

Catcha Media extends gains in active trade

KUALA LUMPUR: Catcha Media Bhd, whose share price rallied following the emergence of GENTING BHD []'s Datuk Justin Leong Ming Loong as a substantial shareholder with a 5.01% stake, extended its gains in early trade on Thursday, Aug 4.

At 9.05am, Catcha rose seven sen to 79.5 sen with 2.02 million shares done.

Leong is the head of strategic investments and corporate affairs of Genting Group. He is a grandson of the late Tan Sri Lim Goh Tong, the founder of the Genting Group.

"Right now, this investment in Catcha Media is purely a personal one. The internet sector is of great personal interest to me,' he said in a statement Aug 3.

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