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Minetech Resources Bhd executive chairman Datuk Awang Daud Awang Putera raised his direct stake to 24.12% or 255.76 million shares.

KUALA LUMPUR: MINETECH RESOURCES BHD executive chairman Datuk Awang Daud Awang Putera raised his stake in the company with the recent purchase of 10.96 million shares.

A filing with Bursa Malaysia on Thursday showed he bought the shares the previous day at prices ranging from 29 sen to 30 sen.

After the purchase, his direct stake increased to 24.12% or 255.76 million shares.

He is also deemed interest in 252,900 shares or a 0.024% stake.

Awang Daud Awang Putera, who was appointed as executive chairman on March 31, has been raising his shareholding in the company.

He is also the co-founder of Serba Dinamik Holdings Bhd.

https://www.thestar.com.my/business/business-news/2020/06/18/minetech-exec-chairman-awang-daud-raises-stake-to-24
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