Reach Energy CEO Shahul cuts stake, again


KUALA LUMPUR: Shahul Hamid Mohd Ismail, the managing director and chief executive officer of Reach Energy Bhd, sold another big block of shares in the company in an off-market transaction.

A filing with Bursa Malaysia today revealed that Shahul's Reach Energy Holdings Sdn Bhd (REH) has disposed 62.8 million shares for RM13.5mil, or about 21.5 sen a shares.

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