Following news was picked from The Edge Daily dated 26.10.2007. Besides Lee has disposed her shareholding to 53 million shares, noted that Dr Tan Boon Nunt also has the intention to deal in the securities of the company during closed period as per General Announcement by Bursa Malaysia dated 19.10.2007.
Just when you thought internet-based companies, along comes AsiaEP Berhad. This pure "Internet Play" is enjoying a meteoric rise in its share price, hitting RM1.14 sometime in April this year, was up some 300% since early this year.
I believed some investors did burned their hands for this share.
KUALA LUMPUR: AsiaEP Bhd executive director Lee Suet Hong reduced her total shareholding in the Mesdaq company to 53 million shares on Oct 24 after selling five million shares on Oct 24.
A filing with Bursa Malaysia showed Lee sold the 2.03% stake at 36 sen each. After the disposal, Lee’s direct interest was 11.97 million shares or 4.88%.
Lee’s indirect interest was 41.25 million shares or 16.81%.
Goldman Sachs Group Inc has a direct 6.64% stake in AsiaEP which provides e-commerce solutions and e-marketplace platform for both local and international enterprises.
Its share price surged to RM1.04 on July 26 and subsequently tumbled to 34 sen on Aug 17.
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1 comment:
any good shares to recommend?
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