Insider Moves: Serba Dinamik Holdings Bhd, Sealink International Bhd, Minetech Resources Bhd, Prestariang Bhd, Impiana Hotels Bhd, My E.G. Services Bhd, MMAG Holdings Bhd
Notable filings
BETWEEN June 15 and 19, Datuk Awang Daud Awang Putera actively dealt in the shares of three entities — Serba Dinamik Holdings Bhd, Sealink International Bhd and Minetech Resources Bhd.
On June 18, he ceased to be a substantial shareholder of Serba Dinamik after disposing of 45 million shares, or 1.33% equity interest, in the oil and gas construction outfit via a direct business transaction.
The Sarawakian previously owned 9.6% of Serba Dinamik, but started trimming his stake on May 21 to reach 4.29% as at June 22.
Meanwhile, the group’s largest shareholder Datuk Abdul Karim Abdullah has been increasing his stake. Between June 16 and 19, he acquired 80 million shares, or a 2.36% stake, to raise his shareholding to 24.2%.
On June 18 — the same day Awang Daud ceased to be a substantial shareholder — Abdul Karim acquired 10 million shares in a direct transaction.
At Sealink, between June 11 and 19, Awang Daud disposed of 27.29 million shares, or a 5.5% stake, reducing his holding to 19.9%. He has been trimming his stake in the offshore marine support vessels operator since February after emerging as a substantial shareholder last October, when he bought 30% of the company from Sealink Holdings Sdn Bhd via a cross deal. After the disposals, Awang Daud remains the second largest shareholder after Yong Kiam Sam, who holds 44.44%.
At Minetech, between June 16 and 19, Awang Daud acquired a total of 19.99 million shares, or 1.89% equity interest, increasing his holding to 24.65%.
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