Goh Nan Kioh ceases to be substantial shareholder in Jadi Imaging

Goh Nan Kioh ceases to be substantial shareholder in Jadi Imaging
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KUALA LUMPUR (June 3): Mega First Corp Bhd's executive chairman Goh Nan Kioh has ceased to be a substantial shareholder in Jadi Imaging Holdings Bhd.

A filing with Bursa Malaysia today showed that Goh and a few other related parties had disposed of 39 million shares, or a 4.1% stake, in Jadi Imaging held through Mega First between Feb 26 and April 26.

After the disposal, Goh holds some 41 million shares, or a 4.3% stake, in Jadi Imaging via Mega First.

Mega First is currently involved in the US$500 million (about RM2.1 billion) Don Sahong hydropower plant project in Laos.

Jadi Imaging, which manufactures toners for photocopiers and laser printers, saw its shares closed up 0.5 sen or 5.9% to 9 sen for a market capitalisation of RM84.76 million.