This article first appeared in Capital, The Edge Malaysia Weekly on August 10, 2026 - August 16, 2026
Notable filings
Between July 27 and 31, notable filings with Bursa Malaysia included those of BTM Resources Bhd (KL:BTM), which saw its substantial shareholder and managing director Datuk Seri Yong Tu Sang disposing of 17 million shares in the company.
Yong disposed of the shares in a single transaction on the open market on July 24 at three sen per share, a half sen premium to BTM’s closing price of 2.5 sen that day.
Post-disposal, Yong’s direct stake in the company was reduced to 68.24 million shares, equivalent to 5.43% while his indirect stake remained at 113.91 million, equivalent to 9.07%.
The company, which is principally in the timber business, has been loss-making over the last five financial years. Based on its latest quarterly report, it made a loss of RM920,000 in the third quarter ended March 31, 2026 (3QFY2026), while revenue amounted to RM2.7 million.
Meanwhile, hospitality and interior fit-out company Exsim Hospitality Bhd’s (KL:EXSIMHB) managing director Tan Hai Liang and executive director Paramjit Singh Gill acquired 35 million shares in the company each via a direct business deal on July 28. They each acquired the shares at RM2.27 million, translating into 6.5 sen per share. Post-acquisition, their direct stake amounted to 1.51% each.
As Exsim’s closing price on July 28 was 41 sen, it means that Tan and Paramjit bought the shares at a heavy discount of 34.5 sen per share.
Filings on the same day also show that Exsim Hospitality Holdings Sdn Bhd disposed of a total of 70 million shares in Exsim in direct business deals. The transactions pared its stake to 69.54%, equivalent to 1.61 billion shares, from 72.56% or 1.68 billion shares in December 2025.
Brothers Lim Aik Hoe and Lim Aik Kiat are the major shareholders of Exsim through Exsim Hospitality Holdings.
Notably, Exsim’s share price has been on an upward trend this year. Year to date, it has almost doubled from 23 sen on Jan 2 to 41.5 sen as at Aug 4.
Datuk Gan Kong Hiok, who is the largest shareholder at NextGreen Global Bhd (KL:NGGB), ceased to be a substantial shareholder at Kinergy Advancement Bhd (KL:KINERGY) during the week in review.
Filings with Bursa show that Gan disposed of 39.48 million shares, which is equivalent to 1.8% equity interest. Post-disposal, he is left with 101.26 million shares, or a 4.6% stake. He first emerged as a substantial shareholder in July 2025 following the acquisition of a 6.05% stake.
At THMY Holdings Bhd (KL:THMY), co-founder and CEO Ooi Ken Nix disposed of 15 million shares on July 27. According to filings, the shares were disposed of at RM1.76 per share, a discount of 2.2% to its closing price of RM1.80 on July 27.
Ooi, whose stake was reduced slightly to 67.24% from 68.93% in April, continues to be the largest shareholder.
Notable movements
Press Metal Aluminium Holdings Bhd’s (KL:PMETAL) share price has fallen from its peak of RM9.28 on June 3. The aluminium smelting company’s share price rose steadily in the earlier part of the year, backed by soaring profit and higher aluminium prices due to the Middle-East conflict.
However, the share price lost momentum when global aluminium prices fell in June as news of easing conditions in the Middle East then implied that aluminium supply, which was scarce due to the blocked Strait of Hormuz, would ease.
Press Metal’s share price fell to RM7.50 on July 8, before rebounding to RM8.19 on July 14. It has since shed some of its gains, closing at RM8.06 on Aug 4.
During the week in review, the Employees Provident Fund (EPF) picked up the company’s shares in small tranches that totalled 16.16 million shares, equivalent to a 0.19% stake. Filings show that by July 31, the EPF’s direct interest in Press Metal had increased to a 10.17% stake, or 838.14 million shares.
Meanwhile, Silver Ridge Holdings Bhd’s (KL:SRIDGE) share price fell sharply between June 23 and 29, from 36.5 sen to 11 sen, equivalent to 69.8%, after the company announced the resignation of three board members who represented two of its largest shareholders.
While the share price rebounded slightly to reach 21 sen on July 3, the momentum did not last and it closed at 15 sen on Aug 4.
Datuk Khoo Yik Chou, the largest shareholder of Silver Ridge, was one of those who resigned. He was formerly the managing director. Khoo ceased to be a substantial shareholder during the week in review after disposing of 64.5 million shares, equivalent to a 16.95% stake, under a forced sell at margin call.
Post-disposal, his direct stake shrank to 2.023% from 17.223% previously while his indirect stake was reduced to 0.488% from 2.158% previously.
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