KUALA LUMPUR (June 11): Datuk Dr Yu Kuan Chon has acquired 1.185 million YNH Property Bhd shares on June 9, raising his direct interest in the property developer to 20.06%.

A filing with Bursa Malaysia today showed that Yu, who is chairman and executive director of YNH (fundamental: 0.3; valuation: 1.4), has also acquired 10,000 YNH shares on June 10.

After the acquisitions, he holds 31.01 million shares in YNH or 20.06% and an indirect interest of 95.53 million shares or 24.00% stake in the company.

A separate filing showed that on June 8, YNH managing director Datuk Yu Kuan Huat has disposed of 128,500 YNH shares.

After the disposal, Kuan Huat holds a direct 31.01 million YNH shares or 7.791% equity interest in the company, as well as 95.53 million shares or 24.00% stake in YNH.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)