Friday 02 Jun 2023
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KUALA LUMPUR (Nov 6): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has ceased to be a substantial shareholder in Genting Plantations Bhd.

In a filing to Bursa Malaysia today, it was revealed that KWAP had disposed of 417,600 Genting Plantations shares on Nov 3, which resulted in its total shareholdings in the company to be reduced to 38.56 million shares or 4.95%.

KWAP had been a substantial shareholder in Genting Plantations since Aug 28 last year.

Genting Plantations shares closed unchanged at RM10.50 today, with a market capitalisation of RM8.18 billion.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)


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