Friday 29 Mar 2024
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KUALA LUMPUR (Nov 25): Tan Sri Tan King Tai, executive director of Pensonic Holdings Bhd, has emerged as a major shareholder in the manufacturer and retailer of electrical and electronic products.

In filings with Bursa Malaysia, Pensonic said Tan emerged as a substantial shareholder after acquiring 491,000 shares in Pensonic. Subsequent to the acquisition, Tan holds a 5.14% direct stake in Pensonic and a 2.24% indirect portion.

According to Pensonic, Tan bought the shares in three transactions between last Friday and yesterday.

Last Friday, Tan acquired 473,900 at 46 sen each and another 10,000 units at 45.5 sen each.

Yesterday, an additional 8,000 shares were acquired at 45.5 sen apiece.

Today, Pensonic shares trades has not been traded. Yesterday, the stock closed at 45.5 sen for a market capitalisation of RM59 million.

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