Friday, September 23, 2011

Guocoland MD acquires option to buy 10m shares

KUALA LUMPUR: GUOCOLAND (MALAYSIA) BHD [] managing director Yeow Wai Siaw had acquired an option to purchase 10 million shares of Guocoland or 1.42%.

The company said on Friday, Sept 23 that he acquired the option on Thursday for the acquisition of the 50 sen shares at an exercise price of 87 sen each under the executive share option scheme.

The paid-up is 700.458 million shares. GLL (Malaysia) Pte Ltd is the single largest shareholder with 455.13 million shares or 64.98%. Tan Sri Quek Leng Chan owns 19.50 million shares or 2.79%.

Guocoland share price closed at 77.5 sen on Thursday.

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