KUALA LUMPUR (Jan 13): Lembaga Tabung Angkatan Tentera (LTAT) disposed of 10.27 million shares of GUAN CHONG BHD [] on Dec 30, 2011.
A filing with Bursa Malaysia showed that after the disposal of the 3.23% stake, the superannuation fund had ceased to be a substantial shareholder as its stake was reduced to 5.90 million shares or 1.85%.
Guan Chong manufactures cocoa-derived food ingredients such as cocoa mass, cocoa butter, cocoa cake and cocoa powder.
The share price closed at RM2.06 on Dec 30, but since then, the share price has been trending upwards and closed at RM2.38 on Friday.
A filing with Bursa Malaysia showed that after the disposal of the 3.23% stake, the superannuation fund had ceased to be a substantial shareholder as its stake was reduced to 5.90 million shares or 1.85%.
Guan Chong manufactures cocoa-derived food ingredients such as cocoa mass, cocoa butter, cocoa cake and cocoa powder.
The share price closed at RM2.06 on Dec 30, but since then, the share price has been trending upwards and closed at RM2.38 on Friday.
