PETALING JAYA: Datuk Farhash Wafa Salvador has ceased to be a substantial shareholder of Heitech Padu Bhd.
In a filing with Bursa Malaysia, the technology services provider said this followed the cessation of his deemed interest by virtue of the change in shareholdings in Mfivesouthsea Sdn Bhd, the holding company of Rosetta Partners Sdn Bhd pursuant to Section 8(4) of the Companies Act 2016.
On March 14, Farhash had acquired a 15.9% stake or 16.1 million shares in HeiTech and emerged as the company’s substantial shareholder.
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