Friday, December 30, 2011

IRCB major shareholder disposes of 9m IRCB shares

KUALA LUMPUR (Dec 30): Chip Lam Seng Bhd, a major shareholder of INTEGRATED RUBBER CORPORATION [] Bhd (IRCB) disposed of nine million shares over three trading days in late December.

Filings with Bursa Malaysia showed Chip Lam Seng sold 2.5 million shares on Dec 23 and 3.5 million shares on Dec 27. It disposed of three million shares on Dec 28.

After the recent disposals, its shareholding in IRCB was reduced to 154.62 million shares or 26.12%.

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