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Wednesday, September 25, 2013

Gamuda director's son raises stake in Bina Puri to 9.52% (Star)

Gamuda Bhd director Datuk Ng Kee Leen’s son, Ng Keong Wee, has raised his stake in Bina Puri Holdings Bhd to 9.52% yesterday from 5.7% about two weeks ago.

The junior Ng, 28, is speculated to lead construction firm’s property business going forward.

He bought another six million shares at RM1 apiece through a private placement, a stock exchange filing showed.

The price of the shares he bought was a 38.89% premium to the stock’s last done price of 72 sen.

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