LCL Corporation Berhad - Goldman Sachs

Filing to Bursa Malaysia shows that Goldman has emerged as the substantial shareholder of LCL. Goldman bought 900,000 shares on 7 June 07. After the purchase, Goldman has 2.3mil shares, represents a total of 5.52% in LCL.


LCL was traded between the range of RM4.66 to RM5.10 on 7 June 07. LCL closed at RM5.95 last Friday. Perhaps we can buy in if there is a correction in LCL where the price will come down a bit?