Friday, September 30, 2011

OSK Technology Ventures ups Green Packet stake

KUALA LUMPUR: OSK TECHNOLOGY [] Ventures Sdn Bhd raised its shareholding in GREEN PACKET BHD [] to 18.51% with the recent acquisition of 15 million shares from Sept 23 to 29.

A filing with Bursa Malaysia showed OSK Ventures acquired 7.50 million shares on Sept 23, 2.5 million shares on Sept 26 and five million units the next day.

The recent acquisitions raised its shareholding in the loss-making company to 120.90 million shares or 18.51%.

Green Packet posted losses of RM15.24 million in the second quarter ended June 30, 2011 vs losses of RM18.68 million a year ago. For the first half, net losses were RM34.24 million.

No comments:

Post a Comment