<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 13):&nbsp;Business incubator&nbsp;and strategy advisory group&nbsp;Asia Bioenergy Technologies Bhd (Asia Bio) has emerged as a substantial shareholder of Focus Dynamics Technologies Bhd with a 5.1% stake.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, Focus Dynamics has confirmed that the ACE-Market listed Asia Bio is now its new substantial shareholder.</p></div>

<div class=newsTextDataWrapInner><p>Asia Bio’s wholly owned unit, dubbed Asiabio Capital Sdn Bhd, has bought 18 million Focus Dynamics shares in the open market, it said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Although the price transacted was not mentioned in the&nbsp;statement to the local bourse, it is understood that&nbsp;Asia Bio has bought the shares at&nbsp;about 10.2 sen apiece.</p></div>

<div class=newsTextDataWrapInner><p>Last Friday (Oct 10), Asia Bio revealed that Asiabio Capital had acquired 18 million shares in Focus Dynamics from Oct 8 to Oct 10 this year, which amounted to RM1.85 million, representing a 5.1% stake in the company.</p></div>

<div class=newsTextDataWrapInner><p>Focus Dynamics is a fast developing international business specialising in energy efficiency solutions, LED Lighting, industrial control systems and products.</p></div>


KUALA LUMPUR (Oct 13): Business incubator and strategy advisory group Asia Bioenergy Technologies Bhd (Asia Bio) has emerged as a substantial shareholder of Focus Dynamics Technologies Bhd with a 5.1% stake.

In a filing with Bursa Malaysia today, Focus Dynamics has confir...

Asia Bio confirmed as substantial shareholder of Focus Dynamics

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