<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 10): PRG Holdings Bhd group executive vice chairman Datuk Lua Choon Hann has ceased to be a substantial shareholder of the group after he disposed of another 955,600 shares or a 0.22% stake, between Jan 5 and 9. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Lau, who has made been reducing his stake in the group in recent weeks, is left with a 4.91% stake following the latest sale.</p></div>

<div class=newsTextDataWrapInner><p>According to the property developer's filing with Bursa Malaysia on Tuesday, Hann sold the 955,600 shares in the open market at 17 sen and 17.5 sen per share. Based on a back of the envelope calculation, he would have earned RM166,730 from the sale.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In September last year, PRG’s 50.45%-owned subsidiary Furniweb Holdings Ltd disposed of its entire stake in loss-making Meinaide Holdings Group Ltd to Omen Wealth Ltd for HK$15 million (RM8.88 million) cash. Meinaide Group is principally engaged in the trading and sale of polyvinyl chloride and other plastic products.</p></div>

<div class=newsTextDataWrapInner><p>Shares in PRG closed half a sen or 2.86% lower at 17 sen, giving the group a market capitalisation of RM71.25 million.<br />
&nbsp;</p></div>


PRG Holdings Bhd group executive vice chairman Datuk Lua Choon Hann has ceased to be a substantial shareholder of the group after he disposed of another 955,600 shares or a 0.22% stake, between Jan 5 and 9.

PRG vice chairman Lua Choon Han ceases to be substantial shareholder of the group

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