Insider Moves: Acoustech Bhd, CN Asia Corp Bhd, Titijaya Land Bhd, Top Glove Corp Bhd, Acme Holdings Bhd, BCM Alliance Bhd
BETWEEN Jan 5 and 8, notable filings of companies listed on Bursa Malaysia included one by Acoustech Bhd, where Yee Wei Meng emerged as a substantial shareholder after acquiring 30.99 million shares, or an 11.6% stake, via a private placement. A property developer, Acoustech posted a net loss of RM5.92 million in the third quarter ended Sept 30, 2020, on the back of a steep contraction in revenue to RM458,000. In the previous corresponding period, it made a profit of RM26,000 from revenue of RM4.39 million. At CN Asia Corp Bhd, Ho Cheng San disposed of 16.4 million shares during the period ...
Source: theedgemarkets.com