KWAP ceases to be Genting Plantation's substantial shareholder

KWAP ceases to be Genting Plantation's substantial shareholder
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KUALA LUMPUR (Nov 6): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has ceased to be a substantial shareholder in Genting Plantations Bhd.

In a filing to Bursa Malaysia today, it was revealed that KWAP had disposed of 417,600 Genting Plantations shares on Nov 3, which resulted in its total shareholdings in the company to be reduced to 38.56 million shares or 4.95%.

KWAP had been a substantial shareholder in Genting Plantations since Aug 28 last year.

Genting Plantations shares closed unchanged at RM10.50 today, with a market capitalisation of RM8.18 billion.

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