Friday, December 30, 2011

Menang Corp deputy chairman ups shareholding to 26% after buying 20 million shares

KUALA LUMPUR (Dec 30): Property-based Menang Corporation Bhd group deputy chairman Datin Mariam Eusoff increased her shareholding in the company with the recent acquisition of 20 million shares, or a 7.48% stake.

A filing to Bursa Malaysia on Friday showed she bought the shares from the open market at 20 sen each on Dec 27.

The recent acquisition saw her shareholding increase to 26.18% or 69.949 million shares.

According to Menang Corp's website, she was appointed to the board in February 1991 and was subsequently appointed as group executive director in 1992.

She was appointed the non-executive group deputy chairman in July 2005. She was the alternate chairperson of the group management committee in the absence of the group executive chairman.

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