QUOTE(2611 @ Feb 22 2011, 01:46 PM)
MEGB had on 16 February 2011 announced the receipt of a notification from Dato' Sri Santhara Kumar A/L Ramanaidu ("Dato' Sri Edmund Santhara"), the Group Chief Executive Officer and Executive Director of MEGB, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of MEGB during closed period.
Further to the aforesaid announcement, MEGB had on 22 February 2011 received a notification from Dato' Sri Edmund Santhara pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company as stated below:-
(a) The transfer of 49,601,079 Ordinary Shares of RM0.20 each from Dato’ Sri Edmund Santhara to his spouse, Datin Sri Carline A/P A. Johnson D’Cruz representing 12.1% of the total issued share capital of the Company as at 22 February 2011 at nil consideration ("Transfer").
Any impact on share price ?
Wah a lot of people got con already. In news paper and CIMB reports he say he intend to buy more to support share price, but in the end just transfer shares. Maybe he want to retire already. Now the major shareholder is a Datin Sri.... Further to the aforesaid announcement, MEGB had on 22 February 2011 received a notification from Dato' Sri Edmund Santhara pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company as stated below:-
(a) The transfer of 49,601,079 Ordinary Shares of RM0.20 each from Dato’ Sri Edmund Santhara to his spouse, Datin Sri Carline A/P A. Johnson D’Cruz representing 12.1% of the total issued share capital of the Company as at 22 February 2011 at nil consideration ("Transfer").
Any impact on share price ?
Feb 22 2011, 01:51 PM

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