Tuesday, November 8, 2011

Chan ups stake in Harvest Court

KUALA LUMPUR (Nov 8): HARVEST COURT INDUSTRIES BHD []'s substantial shareholder Datuk Raymond Chan Boon Siew has raised his stake in the company to 16.81% or 28.898 million shares.

A filing with Bursa Malaysia on Tuesday showed that he acquired 5.09 million shares on Nov 4 at an average price of 84.9 sen from the open market. The shares represented a 2.96% stake.

On Oct 28, the timber manufacturing company appointed Chan as a non-independent, non-executive director.

He is also the managing director of the Sagajuta group of company ' a post he held since 1995.'' Chan was appointed managing director of 1Green Enviro Sdn Bhd in 2011.

No comments:

Post a Comment