KUALA LUMPUR (July 28): Businessman Au Yee Boon has emerged as the second largest shareholder of Yi-Lai Bhd, after acquiring 7.68 million shares or a 5.29% stake in the ceramic and tile manufacturing company.
Following the purchase of the block of shares on July 24, Au now has a direct interest of 5.93% and an indirect interest of 8.63% in the company, Yi-Lai’s bourse filing today showed.
The total stake of 13.92% places him as the second biggest shareholder in the company behind Hampton Capital Pte Ltd, which held 27.17 million shares or a 18.72% equity interest as at July 23, according to Bloomberg data.
Apart from that, Au’s vehicle Techbase Solution Sdn Bhd has also emerge as a substantial shareholder of Yi-Lai, after buying 9.57 million shares or a 6.60% stake in the company on the same date.
Au is the chief executive officer of Techbase Solution, a multi-level marketing business software provider.
Au’s spouse Lim Lee Wheng has also emerged as the substantial shareholder, as she is deemed to own an indirect interest of 11.9% and a direct stake of 2.03% in the company.
Yi-Lai’s share price closed unchanged at 90 sen today, valuing the company at RM130.58 million. Some 1.53 million shares were traded.
Businessman Au Yee Boon emerges as second biggest shareholder in Yi-Lai
KUALA LUMPUR (July 28): Businessman Au Yee Boon has emerged as the second largest shareholder of Yi-Lai Bhd, after acquiring 7.68 million shares or a 5.29% stake in the ceramic and tile manufacturing company.
Following the purchase of the block of shares on July 24, Au now has a direct interest of 5.93% and an indirect interest of 8.63% in the company, Yi-Lai’s bourse filing today showed.
The total stake of 13.92% places him as the second biggest shareholder in the company behind Hampton Capital Pte Ltd, which held 27.17 million shares or a 18.72% equity interest as at July 23, according to Bloomberg data.
Apart from that, Au’s vehicle Techbase Solution Sdn Bhd has also emerge as a substantial shareholder of Yi-Lai, after buying 9.57 million shares or a 6.60% stake in the company on the same date.
Au is the chief executive officer of Techbase Solution, a multi-level marketing business software provider.
Au’s spouse Lim Lee Wheng has also emerged as the substantial shareholder, as she is deemed to own an indirect interest of 11.9% and a direct stake of 2.03% in the company.
Yi-Lai’s share price closed unchanged at 90 sen today, valuing the company at RM130.58 million. Some 1.53 million shares were traded.
Source: https://www.theedgemarkets.com/article/businessman-au-yee-boon-emerges-second-biggest-shareholder-yilai
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