Tuesday 8 November 2011

Harvest: Chan buys 5m more shares

Harvest Court Industries Bhd, said Raymond Chan raised his stake in the Malaysian timber company and manufacturer by acquiring 5.1 million shares.

He paid an average 84.9 sen per share in the open market on Nov 4, according to an exchange disclosure in Kuala Lumpur today.

Chan is already the group’s second-biggest shareholder, according to data compiled by Bloomberg. - Bloomberg
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