<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 15): Fertiliser supplier Agrobulk Holdings Sdn Bhd has emerged as a substantial shareholder in renewable energy solutions group Jentayu Sustainables Bhd (KL:<a href="/askedge/klse/5673" class="ce-stock" target="_blank">JSB</a>).</p></div>

<div class=newsTextDataWrapInner><p>Agrobulk acquired 45.37 million Jentayu shares, or an 8.33% stake, via a private placement transaction on April 17, according to an exchange filling on Monday.</p></div>

<div class=newsTextDataWrapInner><p>The shares are estimated to be valued at RM13.38 million at that time, based on Jentayu's closing price of 29.5 sen on April 17.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>This move makes Agrobulk the second largest shareholder in Jentayu. Jentayu's controlling shareholders are Datuk Beroz Nikmal Mirdin, who has an indirect stake of 13.06%, and his wife Datin Nurhaida Abu Sahid, who owns a direct stake of 15.67%, according to previous filings.</p></div>

<div class=newsTextDataWrapInner><p>The group’s other substantial shareholder is Lazarus Capital Partners LLC, which holds a 5.65% equity stake.</p></div>

<div class=newsTextDataWrapInner><p>Agrobulk, meanwhile, is 61.42%-owned by Tang &amp; Co Sdn Bhd, which is majority-owned by Lee May Lin.</p></div>

<div class=newsTextDataWrapInner><p>Agrobulk is also the largest shareholder of renewable energy company NuEnergy Holdings Bhd (KL:<a href="/askedge/klse/5614" class="ce-stock" target="_blank">NHB</a>) with a 57.99% direct stake.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Jentayu closed flat at 25.5 sen on Monday, giving it a market capitalisation of RM138.8 million.</p></div>


Fertiliser supplier Agrobulk Holdings Sdn Bhd has emerged as a substantial shareholder in renewable energy solutions group Jentayu Sustainables Bhd (KL:JSB).

Agrobulk emerges as substantial shareholder of Jentayu Sustainables

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Japan 30-year bond sale sees firmer demand than 12-month average

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The Federal Court on Thursday has granted permission for the Attorney General’s Chambers (AGC) and Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi to challenge the Court of Appeal’s decision earlier this year which allows the Malaysian Bar to challenge the Attorney General’s discretion to apply a no further action (NFA) order on Zahid.

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<p>NEW YORK (Oct 8): Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz.</p>


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<p>SEOUL (Oct 8): Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.</p>


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<p>KUALA LUMPUR (Oct 8): Malaysia's stock market remains stable for now, supported by transparent government policies and a conducive environment that encourages foreign fund inflows, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>

<p>The stock market's current performance reflects th...

<p>PUTRAJAYA (Oct 8): Prime Minister Datuk Seri Anwar Ibrahim held a four-eyed meeting with Myanmar President Min Aung Hlaing at Perdana Putra Complex here on Thursday.</p>
