PETALING JAYA: Tan Sri William Cheng has acquired 33.5 million shares in Lion Industries Corp Bhd
, representing 4.69% of the total issued and paid-up share capital of the company, from Megasteel Sdn Bhd, a company in which he has a substantial interest.
Lion Industries told Bursa Malaysia yesterday the acquisition was done at an exercise price of RM1.29 per share.
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