KEuro sells 110m Talam shares

KUALA LUMPUR: Kumpulan Europlus (KEuro) disposed of 110 million Talam Corp shares on May 17, reducing its shareholding to 24.11% .

A filing with Bursa Malaysia showed KEuro sold 90 million shares at 13 sen each and 20 million shares at 13.5 sen apiece on the same day.

The disposals reduced its shareholding to 624.08 million shares and also reduced the share overhang of Talam shares. The filing did not state the buyers.

On Thursday, May 20, Talam shares rose 0.5 sen to 14.5 sen with 43 million shares done at 11.29am. KEuro added six sen to 53 sen.
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