Revenue’s Eddie Ng sells Goodway stake


In a filing with Bursa Malaysia, Goodway said the disposal of Ng’s 14.5 million shares in the open market on July 9. Ng (pic) bought into Goodway on Nov 14 last year, via a cross-market deal with an acquisition of 24.27 million shares or a 23.86% stake.

PETALING JAYA: Revenue Group Bhd managing director and chief executive officer Eddie Ng has disposed his entire 11.93% stake in tyre maker Goodway Integrated Industries Bhd.

In a filing with Bursa Malaysia, Goodway said the disposal of Ng’s 14.5 million shares in the open market on July 9.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

Revenue Grop , Eddie Ng , Goodway , stake buy ,

   

Next In Business News

GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
Book speaks volumes about Penang food
Can Lotte Chemical Titan weather the challenges?
US market - prudence is golden
Litmus test for China
Boons and banes of the DRG
Navigating tomorrow’s markets today
Will these acquisitions pay off?

Others Also Read