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Not really large stake, ah choon. 5% will trigger substantial shareholder announcement and there is no announcement of new substantial shareholder. You can keep an eye on announcement related to the disposal of shares by the boss. Those related to DBTs or off market transaction could be bought by the private equity. Open market can be anyone including retailers.
@cheng sometime announcement can late a few day if i no mistaken, the news clearly stated significant stakes. maybe not yet 5%. 2-3% still considered significant as total volume traded might not represent the total shares can be bought by single individual or institution as those shares traded can be same repeated shares and many other parties invloved in the maybe
No idea about significant stakes, sincerestock. I saw the news mentioned strategic stakes but without announcement and the boss shareholdings dropped from 11%+ as of early Sep to 6%+ as of end of Oct; disposal + force selling from margin calls. Hopefully nothing major from its qr in 3 weeks time.
Good morning, Ah choon. You are welcome and just be careful with ptrans. Have a look at its top30 shareholders and check how many pledged securities holders in the top30.