KUALA LUMPUR (29 Jan): City of London Investment Management Co Ltd purchased more icapital.biz shares last week, after selling some of its shares in November last year.
City of London bought 421,400 shares last week, increasing its stake to 11.22 million shares or 8.02% from 10.8 million shares or 7.74%, according to filings with Bursa Malaysia.
The investment management company had sold 28,000 icapital.biz shares at an undisclosed price before purchasing the stake. icapital.biz's share price closed unchanged at RM2.30 on Tuesday.
