Compugates director ups stake, now holds nearly 8pct direct interest
KUALA LUMPUR: Compugates Holdings Bhd executive director See Thoo Chan has acquired 7.09 million shares in the company for RM106,299.
The shares were purchased on June 13 at 1.5 sen apiece, representing a 0.12 per cent stake in the ACE Market-listed company, according to a filing with Bursa Malaysia.
The transaction was disclosed pursuant to Chapter 14 of the Bursa Malaysia Listing Requirements, which governs dealings in listed securities by directors outside closed periods.
See has been increasing his stake in Compugates since early this year. He now holds a direct interest of 7.88 per cent or 476.55 million shares, up from 6.08 per cent in February. His indirect interest remains unchanged at 6.27 per cent.
Compugates operates in various sectors, including information and communications technology distribution, property development and plantation.
Its shares have mostly traded between one sen and two sen over the past four years.
The stock closed unchanged at 1.5 sen today, with 4.6 million shares traded. This valued the company at RM68.07 million.
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