KUALA LUMPUR (Sept 14): Leweko Resources Bhd's executive director, Abdul Aziz Jantan, has disposed of 20 million shares in the company, representing a 6.21% stake, via an off-market transaction. This leaves Abdul Aziz, Leweko Resources' second largest shareholder, with 74.7 million shares or 23.22% in the company, from 94.7 million shares or 29.43% previously. While 20 million shares were traded off market, only about 117,600 shares changed hands in the market today, compared to the stock's 200-day average volume of 279,803 shares. The largest shareholder in Leweko is its managing director, Datuk Leong Wei Kong, who holds about 30.86% stake in the company. Compared to 12 months ago, it has lost 14.81% to close at 11.5 sen today, which gives it a market capitalisation of RM37.02 million.

Source: The Edge Markets September 14, 2016 13:52 UTC