PNB re-emerges substantial shareholder of UMW

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KUALA LUMPUR (Sept 30): Permodalan Nasional Bhd (PNB) has re-emerged as a substantial shareholder of UMW Holdings Bhd, with a direct interest of 68.3 million shares or a 5.85% stake as at Sep 25, 2014.

Earlier on Sept 17, PNB had 10 million shares in UMW and ceased to be a substantial shareholder.

It is worth noting that AmanahRaya Trustees Bhd – Skim Amanah Saham Bumiputera, which is managed by PNB, owns another 450 million shares or 38.52% stake in UMW.

UMW closed 34 sen or 2.85% higher at RM12.26 today, giving it a market capitalisation of RM14.32 billion.