Lambo unit buys stake in Focus Dynamics for RM25.6m


KUALA LUMPUR: Lambo Group Bhd’s unit purchased 22.79 million shares of ACE Market-listed Focus Dynamics Group Bhd from the open market from July 6 to 10.

In announcement to Bursa Malaysia on Monday, Lambo said its unit, Oriented Media Holdings Ltd in Hong Kong had purchased the shares for RM25.65mil at an average price of RM1.12 each from the open market.

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