Khazanah buys 11.44m UEM World shares

Source TheStar

KUALA LUMPUR: Khazanah Nasional Bhd acquired 11.44 million shares of UEM World Bhd from Sept 18 to 19, a filing with Bursa Malaysia showed.

Khazanah bought 367,900 shares on Sept 18. The next day, it acquired 415,000 shares and another 10.66 million in two separate transactions.

The shares were acquired from the open market and shares held under the employee equity scheme from eligible employees.

After the acquisitions, its total shareholding increased to 923.5 million shares or 66.53%.