Thursday, 23 February 2012

Universal Trustee reduces stake in Faber Group

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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