Artisan International ceases as Oldtown substantial shareholder

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KUALA LUMPUR (Sept 17): Artisan International Small Cap Fund has ceased to be a substantial shareholder of Oldtown Bhd, after selling 30,000 shares on the open market on Sept 12, according to a stock exchange filing by the coffee chain operator.

An Oldtown filing on Sept 12 stated that Artisan had 22.37 million shares or a 5.01% stake, prior to the disposal.

Oldtown closed unchanged at RM1.90 today, after seeing 857,000 shares changing hands. Its market capitalisation was RM849.21 million.