Tan Chin Nam Sdn Bhd acquires more shares in IGB Corp

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KUALA LUMPUR (Oct 9): Tan Chin Nam Sdn Bhd, a private vehicle controlled by the Tan family, has acquired 3.4 million shares in IGB Corporation Bhd on Oct 8, 2014.

The purchases raised its holdings to 63.54 million shares or a 4.76% direct stake in IGB Corporation, apart from a deemed interest of 519.49 million shares or 38.92%.

IGB Corporation closed one sen higher at RM2.87 today, with a market capitalisation of RM3.83 billion.