PRTASCO (5070) - 富达牛叔抢钱举债狠派息? (2)-牛叔出手了!扫货 200,000股,惊艳全场。Protasco Bhd substantial shareholder acquires 200K shares.

Tags




5 December 2017, Kajang, Selangor - Protasco Bhd substantial shareholder acquires more shares after the company announced lowered profit margin, net profit and cash position, while continues to distribute dividend.
Hong Leong Research recently downgraded Protasco Bhd to HOLD, and adjusted target price to RM1.14 due to weakening of overall fundamental performance. Construction division booked a net loss, which potentially surfaced the weakness in PPA1 M project, which suffered high construction cost under low margin contracts.
Market continues to decline despite the announcements of substantial shareholder's support.

Bursa News Report

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5628569

Changes in Director's Interest (Section 219 of CA 2016)

PROTASCO BERHAD


Information Compiled By KLSE

Particulars of Director

Name DATO' SRI CHONG KET PEN
Descriptions(Class) Ordinary shares

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
1
05/12/2017
200,000
Acquired
Direct Interest
Name of registered holder Dato' Sri Chong Ket Pen
Description of "Others" Type of Transaction
Consideration (if any) 1.02

Circumstances by reason of which change has occurred
Acquisition
Nature of interest
Direct Interest

Total no of securities after change

Direct (units) 65,372,477
Direct (%) 15.410
Indirect/deemed interest (units) 43,654,562
Indirect/deemed interest (%) 10.291
Date of notice 06/12/2017
Date notice received by Listed Issuer 06/12/2017


Remarks :
1. The dealing of 200.000 shares represents 0.047% of the issued shares of the Company. 2. This announcement also serves as an announcement on notification under chapter 14 of the Listing Requirements (Dealing Outside Closed Period).


Announcement Info

Company Name PROTASCO BERHAD
Stock Name  PRTASCO
Date Announced 06 Dec 2017
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-06122017-00025
http://klse.i3investor.com/blogs/Croccaptured/140667.jsp