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UOA Devt major shareholder buys 2.3m shares

KUALA LUMPUR: UOA Development Bhd's single largest shareholder UOA Holdings Sdn Bhd bought 2.329 million shares from the open market since its listing on June 8.

Filings with Bursa Malaysia showed the recent acquisitions raised its shareholding to 66.77% or 798.48 million shares, up from 796.48 million shares or 66.58%.

The most recent acquisition was on Monday, Aug 1 when it bought 125,000 shares.

UOA Development was listed on June 8 and its share price closed at RM2.59.  The share price closed at the lowest of RM2.09 on July 6.

At the midday break on Wednesday, Aug 3, UOA Development share price was two sen lower at RM2.11.

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