PETALING JAYA (Oct 7): Singapore-based GKG Investment Holdings Pte Ltd has further raised its interest in Eastern and Oriental Bhd (E&O), having purchased another 200,000 shares via the open market on Oct 3.
In an announcement to Bursa Malaysia today, E&O stated GKG now owns a 7.3% deemed interest in the company, or a total of 81.16 million shares.
At 5pm, E&O declined by 15 sen or 5.4% to RM2.63. The company’s market capitalisation is RM3 billion.