Friday, 4 May 2012

Crest Builder founding family sells 4% stake, rakes in RM4 million

KUALA LUMPUR (May 4) :The founding family of CREST BUILDER HOLDINGS BHD [] raked in proceeds of RM4.1 million from the sale of five million shares or 4% in the CONSTRUCTION [] firm.

Updates to the exchange show that Yong Tiok Chin who is the daughter of founder and managing director Yong Soon Chow had disposed of the shares at 82 sen each on Thursday.

Following the disposal, Soon Chow’s direct and indirect stakes in Crest Builder stood at 34.81% and 5.74% respectively, according to the firm.

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