Serba Dinamik's Awang Daud takes up nearly 27% stake in i-Stone

TheStar Wed, Aug 12, 2020 02:11pm - 3 years View Original


Datuk Awang Daud Awang Putera has emerged as a substantial shareholder in i-Stone Group Bhd with a 26.98% stake.

KUALA LUMPUR: Serba Dinamik Holdings Bhd's deputy managing director Datuk Awang Daud Awang Putera has emerged as a substantial shareholder in I-Stone Group Bhd with a 26.98% stake.

A statement by i-Stone on Wednesday said he acquired the stake, comprising of 329.61 million shares, from One United Equity Sdn Bhd on the previous day.

Based on the closing price of 31 sen on Tuesday, the stake was worth RM102.18mil but the statement did not disclose the price at which the shares were transacted.

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