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Mother shares will go above 1.30 so that warrant will be exercised, if not how the company raise money. Must think like a boss, not speculate investor.
KUALA LUMPUR (June 19): The founder and chief executive officer of private equity firm Creador Sdn Bhd, Brahmal Vasudevan, has emerged as Gabungan AQRS Bhd’s substantial shareholder.
In a filing with Bursa Malaysia today, Brahmal said it has acquired an indirect stake of 178,700 shares, bringing its total shareholding in the property and construction player to 5.07% or 23.11 million shares.
Post-transaction, Brahmal has 0.44% direct and 4.63% indirect stakes.
