HARTALEGA Holdings Bhd ‘s founder and executive chairman Kuan Kam Hon @ Kwan Kam Onn has followed the footstep of his Top Glove Corp Bhd counterpart Tan Sri Lim Wee Chai by embarking on personal share acquisition of his company.
In a Bursa Malaysia filing today, Hartelega said Kuan acquired 300,000 shares from the open market on Jan 8 at RM11.26 per share or RM3.38 mil.
The acquisition brought his stake in the company to 49.1% comprising 26.56 million units or 0.78% direct interest and 1.66 billion units or 48.32% indirect interest.
Kuan last acquired two tranches of 588,600 Hartalega’s shares in the open market on Sept 11 (based on a Bursa filing dated Sept 15) for a total sum of RM7.32 mil.
At today’s closing, Hartalega ended 28 sen or 2.24% lower at RM12.22 with 21.18 million shares traded, thus valuing the company at RM41.88 bil. – Jan 11, 2021
