Friday, August 5, 2011

Catcha Media remains in the limelight

KUALA LUMPUR: Shares of Catcha Media continued to attract attention despite the overall negative sentiment at the local bourse and rose in early trade after HSC Healthcare Sdn Bhd emerged as a substantial shareholder in the company with a 5.01% stake.

At 9.25am, Catcha Media rose 3.5 sen to 79.5 sen with 989,300 shares done.

HSC Healthcare, which is helmed by Dr Lim Yin Chow, acquired 6.66 million shares in the company.

The acquisition comes on the heels of other strategic investments in Catcha Media by Genting group's Datuk Justin Leong Ming Loong who acquired a 5.01%t stake on Aug 2 and STAR PUBLICATIONS (M) BHD [] that bought a 4.99% stake on July 4.

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