KUALA LUMPUR (Oct 31) : REDTONE INTERNATIONAL BHD []’s non-independent non-executive director cum deputy chairman Datuk Wira Syed Ali Syed Abbas Al Habshee saw his indirect interest increase to 130 million shares or 28.58%.
A filing with Bursa Malaysia on Monday showed that Indah Pusaka Sdn Bhd, in which he is deemed interest, acquired 12 million shares on Oct 25 for RM3.3 million. The shares were acquired at an average price of 27.5 sen in a direct deal.
The filing said he was deemed interested due to his interest in Indah Pusaka via Tema Juara Sdn Bhd pursuant to Section 6A of the Companies Act, 1965.
The company’s website said Syed Ali was appointed to the board of REDtone on July 28, as the deputy chairman.
A filing with Bursa Malaysia on Monday showed that Indah Pusaka Sdn Bhd, in which he is deemed interest, acquired 12 million shares on Oct 25 for RM3.3 million. The shares were acquired at an average price of 27.5 sen in a direct deal.
The filing said he was deemed interested due to his interest in Indah Pusaka via Tema Juara Sdn Bhd pursuant to Section 6A of the Companies Act, 1965.
The company’s website said Syed Ali was appointed to the board of REDtone on July 28, as the deputy chairman.
