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皇冠正网:Quick take: Cypark rises 7%, most active on Bursa

皇冠正网:Quick take: Cypark rises 7%, most active on Bursa

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KUALA LUMPUR: Cypark Resources Bhd’s shares were heavily traded this morning with 20.65 million shares traded.

At 9.58am, the renewable energy, green technology and environmental engineering solutions company rose 7.06%, or three sen to 46 sen. Year-to-date, the counter has fallen over 49%.

A check on previous filings by the group indicated that its substantial shareholder, Chung Chee Yang has been acquiring Cypark shares on the open market since the beginning of the month.

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Just this week alone, he acquired over 2.4 million Cypark shares on the open market, raising his stake to 8.339%, or 49.1 million shares.

For the week ended Sept 16, Chung bought 12.18 million shares.

He surfaced as a substantial shareholder with 30 million shares or a 5.09% stake as at Aug 9, after acquiring shares on the open market.

In the first six months to April 30, Cypark posted a net profit of RM30.33mil, or earnings per share of 4.02 sen on revenue of RM153.01mil.


转载说明:本文转载自Sunbet。
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