Friday, July 13, 2007

Mah Sing - Capital Group

Filing to Bursa Malaysia shows that Capital Group has acquired Mah Sing aggressively from 5 July to 9 July. They have acquired a total of ~11mil shares during these trading days.
After the acquisition and bonus issue (1 for 5), Capital Group holds ~59mil shares of Mah Sing. The recent acquisition by Capital Group shows their confidence in Mah Sing Group?

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