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TEOSENG (7252) - Notable Trade - Felda buys more shares in Teo Seng

March 17, 2015 : 6:24 PM MYT  

KUALA LUMPUR (Mar 17): Koperasi Permodalan FELDA Malaysia Bhd (Felda) has acquired one million shares or a 0.33% stake in Teo Seng Capital Bhd , a filing today with Bursa Malaysia revealed.

The share purchase, transacted on March 12, has increased Felda’s interest to 16 million shares or 5.33% stake in Teo Seng (fundamental: 1.9; valuation: 2.1).

Teo Seng, which makes animal feed and is involved in poultry farming, closed up 4 sen or 1.9% to RM2.10, giving it a market capitalisation of RM630 million.

http://www.theedgemarkets.com
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