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Categories
| Universal Trustee reduces stake in Faber Group |
| Business & Markets 2012 | |||
| Written by Joseph Chin of theedgemalaysia.com | |||
| Thursday, 23 February 2012 12:19 | |||
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KUALA LUMPUR (Feb 23): Universal Trustee (Malaysia) Bhd has reduced its stake in FABER GROUP BHD [] after the recent disposal of eight million shares on Wednesday. A filing with Bursa Malaysia showed the 2.2% stake was disposed of in the open market. The share price closed at RM1.70. After the disposal, Universal Trustee’s shareholding was reduced to 10.11% or 36.68 million shares.
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