Mara unit buys 5% stake in Sanichi Technology


KUALA LUMPUR: Pelaburan Mara Bhd (PMB), the strategic investment and asset management arm of Majlis Amanah Rakyat, has bought a 5.14% stake or 18 million shares in Sanichi Technology Bhd on Tuesday.

The 100% government-owned company purchased the shares in Sanichi from the open market, at an estimated 11.5 sen per share.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Pelaburan Mara Bhd

   

Next In Business News

Ringgit opens flat following US inflation report
Vstecs shares jump 10% on profit surge
FBM KLCI rises as US inflation data meets expectations
Trading ideas: Scientex, Bumi Armada, Pasdec, Aizo, Dayang, MClean, Uzma, AGX, PUB, Elk-Desa, MMHE, JPG
Economy to grow 5.3% in 3Q24 on manufacturing
Citigroup says it’s ‘game on’ for deals in America
Uzma wins PETRONAS contract
Heineken to tap into stout consumer demand
Increase in sales volume set to benefit Hartalega
Magnum shareholders may receive U Mobile shares

Others Also Read